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Property for sale information

 
Loree De Montpellier  
Reference nr: WW586386
Description:

The Languedoc Roussillon region of France has the strongest demographic growth. Most of the population prefers to live in Montpellier, capital of Languedoc Roussillon. Montpellier is nowadays recognized as France's 8th largest city with a population of approximately 250,000. L’Oree de Montpellier is ideally located, about 5 minutes by car from the city centre and the railway station and less than 15 minutes by car from the beach. With more than 300 days of sunshine a year, nice beaches, many established companies, and one of the best French universities, Montpellier was voted by the French as their first choice city to move to for quality of life.
Montpellier has an international airport with direct connections to almost everywhere in Europe. The airport is located 20 minutes outside the city centre and is extremely easy to get to and from.

The residents benefit from an easy commute to the surrounding corporate campuses, which include well-known international firms such as IBM, DELL and SANOFI. It is also located next to the largest golf course in Montpellier.
The quality of the architecture and the design of the apartments provide a calming environment.

The buildings have been designed for entrance of light into the flats. All the flats are fully furnished including TV, microwave, and washing machine… The residence offers a reception desk, an Internet centre and technical assistance service. Each apartment is approximately 40 m², with 2 bedrooms, a living-room with open-plan kitchen, bathroom and a balcony of about 5 m². They are all fully equipped, with TV, dishwasher, micro-wave etc. All residents have access to a 350 square meter outdoor swimming pool, a playground for children and an extensive park designed by landscape gardeners. All apartments are coming with parking place.

By purchasing a flat in this residence, you will benefit from one of the highest yield investments available today. Given the growth in the region, this type of residence located in Montpellier is a zero-risk investment.Other overheads: Notaires fees approx 3000E, mortgage registration fees
approx 2300E, accountants' fees 200E pa which includes the recuperation of
the VAT and annual accounting (as required by French law). The VAT is refunded 6 months after sale closure.

Built to a high standard, with all facilities considered, these apartments are aimed at the student rental market in term time and at family rentals in the summer (June to September), hence the on-site facilties such as the large swimming pool and sports areas. This dual target market ensures that the developers can offer high guaranteed returns for these apartments (5%). Definitely one of the choice investments available at the moment.

Bedrooms: Bathrooms: Price (€):
2 1 130,000
Features:
Beach
City
Furnished
Private Swimming Pool
Submission Date:
11-30-2007
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: €130,000
 

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