Powered by:  

Want to sell your overseas property?
Want to advertise your holiday home to rent to 40 million possible renters.
Contact us on info@myoverseasproperty.ie


Property for sale information

 
France/Nimes/from €78K  
Reference nr: NE346522
Description:

The investment:
- Leaseback for 9 years with Pierre & Vacances
- Guaranteed rental return 4% per year index linked – pure investment only
- VAT rebate
- No maintenance fees or management cost
- No insurance or furniture cost
- 10% deposit
- New built
- Monthly repayment on interest only: € ….

Apartments:

Studios 19.00/23.10 sqm from €72 to €97K
1 bed apartment 31.10/39.00 sqm from €140 to 167K
2 bed apartment 56.10 sqm €232K

Location:

On the border between Provence and the Languedoc, Nimes is in a prime location between two large unspoiled, preserved natural parks: the Cevennes in the North and the Camargue in the South.
Nimes is the capital of the Gard area and attracts 4.5 million tourists annually with 300 days of sunshine per year and a magnificent, category-defying architectural heritage, from the famous Roman area to the light-filled Carre d’Art building.

Residence:

Nimes Gare residence is located in the heart of Nimes, in the Urban Development Zone (UDZ) and 10 minutes walking from the Historical centre.
The new south facing district is spread over 2.5 hectares and is a continuation of the town centre.
This 6 storey building consists of 118 apartments from studios to 2 Bedroom apartments. The apartments are comfortable and spacious with top quality, modern facilities including fully equipped kitchenettes.

Completion date: May 2009

Facilities:

- 28 underground parking spaces
- integrated heating and cooling system
- Wi-fi internet access
- breakfast room
- laundry
- 24 hour reception

How to get there?

By Air:
Nîmes-Arles-Camargue Airport is 15km from Nimes
Direct flight from London to Nimes with Ryanair
By train:
TGV station is 5 min walking from the Roman arena (Nimes city center)
- Flight from Dublin to Paris then TGV to Nimes (3 hours) - Airlingus
- Flight from Dublin to Lyon then TGV to Nimes (1h20) - Airlingus
- Flight from Dublin to Marseille then TGV to Nimes (55 min) – Airlingus or Ryanair

Bedrooms: Bathrooms: Price (€):
0 (studio) 1 72,000
1 1 140,000
2 1 232,000
Features:
City
Furnished
Submission Date:
11-22-2007
Last Update:
02-15-2008
Advertiser Details:


Name:
Niamh Erbek

Company:
Pierre Vacances

Phone:
+353 (1) 483 0846
Fax:
+353 (1) 483 0847
Mobile:
0872439555

 
Property Photo Gallery

 

property photo

property photo
 
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