The conglomeration also has an access to the river harbour facilities (Port of Saint-Ouen-l’Aumone) and the airport of Roissy-Charles de Gaulle is 45 km (35mn) away. In a dynamic area with a remarkable natural environment, this golf residence offers excellent capital appreciation potential, particularly in light of the urban sprawl occurring in Paris.

All apartments include an outside parking place and residence facilities include a heated pool, fitness centre, Jacuzzi, Sauna and bar. Completion is set for the 3rd quarter of 2009 and rental yield is an excellent 5.29% PLUS one free week of personal occupation (open to direct family members too). Owners also have the right to up to six weeks occupation at a preferential price of 20% off the public price for stays here.

Charming 3 star tourism residence set around a 9-hole golf course plus practice area, with a renovated Norman style 19th Century chateau, now a boutique-hotel, which once allured famous artists including Pissaro, Cezanne and Gauguinon. The village of Ennery borders Pontoise and Auvers-sur-Oise and is approximately 30min from central Paris and 20min from the business hub of La Defense.
- Excellent capital appreciation
- Close to Paris and La Defense
- High guaranteed rental yield
- Direct access to golf course charming Chateau on-site

Property Details

Price and size range:
Studio apartments priced from 91 000 euros to 110 000 euros measuring 31-32 sqm
1 bedroom apartments priced from 104 000 to 149 000 euros measuring 34-49 sqm
2 bedroom apartments priced from 209 000 to 217 000 euros measuring 74-76 sqm
*prices are net of VAT and include furniture cost
New/Old property: New build (French notary fees will be approximately 3%).
VAT: Client will pay the VAT tax and will be refunded approximately 3-6 months after building completion (19.6%).
Parking: YES
Co-ownership fees (including syndicate): Approximately 200 euros per year
Land tax: Approximately 80% of 1 month's rent
Number of Units: 59 total units
Extras: Sauna & Indoor Swimming Pool, beside a 9 holes Golf Course

The Lease

Rental income: Up to 5.29% paid net based on the total net price excluding furniture.
Occupation possibilities: YES
Vacation credit equalling 1 week of vacation per year - the owner needs to reserve their vacation by January of the previous year and if he/she does not use the week there will be no refunds.
Discount: YES - In addition to the vacation credit equalling 1 week of holiday, owners may benefit from a 20% discount off the public rate, with a maximum limit of 6 weeks per year.
Lease duration: 9 years
Management Company: ETUD ACCEUIL MEDITERRANEE
Construction: PROFIMOB
Payment of the rent: Quarterly in arrears
Rent indexation to the cost of construction rate: Revised every 3 years and subject to the indexation variation published by the INSEE, capped at 3% per year.
Lessees: Tourists