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Property for sale information

 
Residence Kaelis  
Reference nr: SC592226
Description:

The last major town in Languedoc before the Spanish border, it’s easy to see why the flavour of Perpignan is essentially Catalan. Perpignan is located near the Mediterranean Sea and is only about 30kms from the Spanish border. Perpignan retains a distinct Spanish flavour as it was once the capital of the kingdom of Majorca and later Catalonias second-largest city after Barcelona. Perpignan’s height was in the 13th and 14th centuries, when the kings of Majorca held their court here. Today it is a fascinating city to explore.
The “ Espace Mediterranee” area is now the link between the North and South of the City. The district is at the heart of shops, restaurants, bars and invites the residents to stroll down the paved narrow streets or to take a walk along the “Tet” river sides, a few steps away from the TGV station and the commercial centre “ Les Dames de France”...
The development comprises 81 apartments set in 2 modern-designed buildings which together form a half circle. Each apartment leads onto a private terrace, balcony or patio and offers top quality features. This sunny city of palm-lined squares enjoys a lively street life. It is one of the best places in the region to sample the fine local food and wine and the vast Mediterranean sandy beaches are close by.
The KAELIS business residence is ideally located at the heart of shops in the town centre of Perpignan city. The development is more than a standard residence with quality apartments, it offers a full range of extra-services in order to guarantee comfort and well-being to each one of the residents.
Right next to town centre
A complete range of extra-services
1 hour from Paris by plane and 45 minutes from Barcelona by TGV train
Access
By plane
- 1h from Perpignan to Paris
- 1h40 from Perpignan to London
By car
- 3h from Perpignan to Marseilles
By TGV train from 2009
- 45 minutes from Perpignan to Barcelona
Details
Type of accommodation : Studios
Number of units : 44 units
Yield : up to 4.54 %
Developer : PRAGMA GROUPE ELLUL
Management Company : SA GESTRIM CAMPUS
Notary : ME VIDAL 66000 Perpignan
Lease : 9 years
Start date of lease : 01/09/2008
1st rental payment : 31/12/2008
Type of payment : Quarterly in arrears
Deposit (%) : 5% of the TTC price excluding furniture

Bedrooms: Bathrooms: Price (€):
0 (studio) 1 65,500
Features:
Beach
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

 

property photo
 
Calculators

 
Property price: €65,500
 

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