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Property for sale information

 
Part Dieux Parc Residence  
Reference nr: WW338346
Description:

This is a very exciting new development that has just been released on the external market. Situated in the heart of Lyon, a couple of Metro stops in any direction from all the shops restaurants, theatres and culture. The development is part of a huge regeneration program taking part in the third district of the city. A well equipped park with a lake, sports area, infant's school and pleasant walks is at the centre of the renewal and new buildings housing apartments, businesses, shops, schools and services are being built around it.

This development comprises 140 studio apartments, 22 one-bedroom apartments and 64 private underground car parks in eight-storey buildings. Pricing for studios ranges between 60,000 and 93,000€ according to surface and for one bed apartments between 98,000 and 130,000€ according to surface.

VAT is not payable on the properties. Each apartment comes with a guaranteed ten-year lease of between 4.80% and 5.25% excluding VAT. The rental management company is Antaeus, a company with a long experience in managing leaseback developments.

The apartments have interphone security, under floor heating in the bedrooms and tiled throughout. There is a breakfast bar, full kitchen with electric cooker and fridge, dining table and chairs, bath with shower in the large apartments and in the studios there is a smaller kitchen area with seating and showers in the bathrooms. The majority of the apartments have balconies.

Bedrooms: Bathrooms: Price (€):
0 (studio) 72,000
Features:
City
Submission Date:
06-30-2007
Advertiser Details:


Name:
www.saleandleaseback.ie www.saleandleaseback.ie

Company:
Sale and Leaseback Ltd

Phone:
087 792 2419
Fax:

Mobile:

 
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Calculators

 
Property price: €72,000
 

Mortgage

Initial Payment (%) *  Annual Interest Rate (%) *  Term of Loan (Yrs) 
   
Loan Amount (€)  Monthly Payment (€)  # of Payments 
 
Description: The calculator estimates monthly mortgage payments taking into account the loan amount (which depends on % of the initial payment), the interest rate and term of the loan
Note:
  * These indicators may vary in different countries and are subject to preliminary assessment & consultations

ROI

Initial Investment (%)  ROI Calculation Term (Yrs)  Term of Loan (Yrs) 
Annual Rental Yield (%) * Annual Capital Appreciation Rate (%) * Annual Mortgage Rate (%) *
Once Off Taxes & Payments on Property Purchase (%) * Taxes & Other Annual Payments on Rental Income (%) * Other Annual Fix Payments (€) *
   
Loan Amount (€)  Mortgage Payments (€)  Additional Costs (€) **
Capital Appreciation (€)  Gross Rental Income (€)  Return on Investment (%) 
 
Description: Return on Investment (ROI) calculator estimates in % the income that the Initial Investment provides in the period of time set in "ROI Calculation Term" input box
Notes:
  * These indicators may vary in different countries and are subject to preliminary assessment & consultations
** The Additional Costs are estimated as sum of once off payments (taxes, legal support and services etc.) required to become the owner of a property, annual payments from rental income (taxes, management fees etc.) and other fix annual payments (if any); all these payments vary in different countries, regions, properties etc. and are subject to preliminary assessment & consultations

Equity Rel.

Current Property Value  Existing Mortgage  Max. Lending Available (%) * 
Max. Equity Available  Amount to Release  Annual Interest Rate (%) * 
   
Monthly Cost of Top Up (Interest Only) 
 
Description: Equity Release is a means of retaining use of your property, while also obtaining a steady stream of income, using the value of the property; the income depends on current value of the property, amount to be released and paid annual interest rate
Note:
  * These indicators may vary in different countries and are subject to preliminary assessment & consultations