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Property for sale information

 
Airport Residence, Vitrolles, Provence, France  
Reference nr: MD892062
Description:

- Main reception area
- Lift
- Gym
- Laundrette
- Outside Parking Facility
- Scenic Green Spaces
- Communal Dining Area
- 10 Years Warranty Applies

Fully furnished, Secure Front Door, Inter phone, Electric Heating, Fitted Kitchenette and Cupboards, Fridge/Freezer, 2 Plate Electric Hub, Fitted Bathroom with Shower, Private Toilet, Combine Working Desk and Shelving TV, Sofa Bed, Electric Heating, Wardrobe and Storage Shelves, Fully equipped with china and crockery

Ideally located between Marseille Airport and seaside resort
One of the largest ports in the EU
In the heart of the busiest and local booming economy
Less than 15 minutes away from the City centre
Marseille is a Provence town with a population of 1 million.
Average temperature is 17/18c
Excellent Mild Climate
Average days of sun per year 300

There development has 95 fully furnished apartments ranging from studios to 2 bed flats. Aside from the accommodation it also boasts a reception area outside parking and a gym.

5 minutes from he airport, it s an ideal stopover in Provence. Thanks to its location Vitrolles offers an excellent window of opportunity for economic development, paving the arrival of major international companies into the area.

Finance
- Build complete in Q4 2008
- 5% deposit required
- Lease term 11 years and 4 months


Access
By plane: to Marseille airport
By Train: less than 3 hours from Paris TGV- Eurostar: London to Avingnon (summer only)
By Road: Montpellier 150km / Aix en Provence 34km / Nice 150km /
10 minutes from seaside resort


Location
Located in the town of Vitrolles, on the Alpielles and Camargues crossroads and 15minutes from the Cote Bleu, the residence enjoys a prime location and easy access.
Near residential area and service industry businesses employing 10,000 staff. French aeronautics started in the area with Eurocopter (5500 staff) being one of the EU important industrial zones. The tourist sector is a driving force: 9 million tourists, turnover of 1.3billion. Marseille celebrated its 2600th birthday before the year 2000. It is therefore the oldest town in France. Marseille is a major French centre for trade and industry, with an excellent transportation infrastructure (roads, seaport, airport)

The airport, Marseille-Provence is the leading French airport outside of Paris. It is the main arrival base for millions of tourists each year as well as serving a growing business community. The area around the airport and near the borders of Aix-en-Provence and northern Marseilles now boasts a successful business, and science park. Marseille is also home to the University of Provence. The economy is closely associated with the Marseille Provence Metropolis.

Frances's second largest research centre with 3000 research scientists. Marseille Metropole Provence is home to thousands of companies, 90% of which are small businesses. Among the most famous ones are CMA-CGM container shipping giant, Comex world leader in subsea engineering and hydraulic systems, Eurocopter Group and EADS company, Azur Promotel, an active real estate development company, La Provence the local daily newspaper, L'Olympique de Marseille, the f

Bedrooms: Bathrooms: Price (€):
0 (studio) 1 89,000
Features:
Submission Date:
11-01-2007
Last Update:
06-23-2008
Advertiser Details:


Name:
Michael Keaney

Company:
Property Match

Phone:
+353 (0)91 700 222
Fax:
+353 (0)91 766 294
Mobile:
+353 (086)2529106

 
Property Photo Gallery

 

property photo
 
Calculators

 
Property price: €89,000
 

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