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Property for sale information

 
Carre le Notre  
Reference nr: SC268852
Description:

Just west of the Chateau of Versailles and 25 kms from the centre of Paris discover this excellent opportunity to invest during the beginning stages of one of this year's most exciting developments. Residence Carre Le Notre offers the opportunity to invest in a Leaseback Business Residence located in Saint-Cyr l'Ecole in the district of Versailles. The development will comprise studios to 1 and 2 bed apartments, all fully fitted and furnished. The development is 600 metres from the town centre, close to all amenities and the train station, only 4 minutes away, provides access to Paris on line C of the RER commuter train line (45mins).

In choosing this property, we have carefully taken into consideration all the forces backing the project including the construction group, management company and of course the longevity of the location. The business residence fulfils a realistic need that will not run out short anytime soon. The business population of this area is quite impressive and these are the clients who look for accommodations such as those found in residence Carre Le Notre; this in turn ensures the payment of your rent. For further information please make an enquiry now as units are sure to sell out quickly.

Access
Saint-Cyr-l'École is served by Saint-Cyr station, which is an interchange station on ParisRER line C, on the Transilien La Défense suburban rail line, and on the Transilien Paris – Montparnasse suburban rail line.

Details
Price and size range:
Studio apartments priced from 91 000 to 124 000 euros measuring 19-26 sqm
1 bedroom apartments priced from 141 000 to 214 000 euros measuring 32-45 sqm
2 bedroom apartments priced at 217 000 euros measuring 50 sqm
*prices are net of VAT and include furniture costs
New/Old property: New build (French notary fees are approximately 3%).
VAT: VAT is paid by the client and refunded 3-6 months after building completion.
Land tax: Apartments without parking: 370 - 400 euros per year (estimation)
Apartments with parking: 420 - 450 euros per year (estimation)
Co-ownership charges: 225 euros per year
Total units: 78 total units of which 68 are available

Bedrooms: Bathrooms: Price (€):
1 91,000
Features:
City
Submission Date:
03-19-2008
Advertiser Details:


Name:
Shane Cunningham

Company:
Pruntys Overseas property

Phone:
00353 1 498 3733
Fax:

Mobile:

 
Property Photo Gallery

 

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Calculators

 
Property price: €91,000
 

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