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Property for sale information

 
Secluded Luxury in the Heart of Nice Buy-to-Let  
Reference nr: NL834427
Description:

Type of Apartments: Studio to 3 Bedroom
Guaranteed rental yield: 0
Prices from: €197000 - €645000
Delivery: 1st Qtr 2010
Jardin Pastorelli is situated in a shopping district at the heart of life in the city of Nice, just a few minutes away Place Masséna and the beaches of the Promenade des Anglais. The picturesque market in Cours Saleya, in the historic part city, is right at the end of the street, with its colourful stalls selling flowers and fruit from the local countryside.

On the side facing the wonderful landscaped garden, plenty of space is given to the generous balconies that allow residents to sunbathe all year round and to savour, as they deserve, the calm of this space conceived by the noted landscape designer Catherine Houssin.
The architectural design elements present a tribute to the city’s emblematic "Belle Epoque" and art deco facades. Alternating bow windows and balconies face the street while interior balconies open onto the calm of a large private garden. Townhouses in the garden have pleasant terraces sheltered behind protective hedges.

The residence extends over 6 floors and roof-top lofts. It is made up of 64 apartments, ranging from studios to 3 bedrooms, and the 4 townhouses, all of which offer amenities of the highest quality. All units are wired for Internet and cable TV, and contain fully equipped kitchens and sophisticated climate and hot water controls.

This exciting development offers an ideal investment both as a second home, or a main home. The upmarket amenities include the presence of a guard’s lodge, parking, an intercom, lifts and motion-sensing hallway lighting. Nice is a city of art and culture to satisfy the most demanding aesthetes and music lovers. It has been the cultural capital of the French Riviera since the heady days of the “Belle Epoque”. The riches of its museums are rivalled by its art galleries. The city is a hive of activity throughout the year for theatre, dance, music, art, etc. Some of the city’s events have earned an excellent reputation, such as “Nice Jazz Festival”, the World Music Festival “Musicalia” and Nice’s famous Carnival. The finest museum in Nice is, in fact, the city itself. It hosts a wealth of monuments and architecture that pay tribute to the city’s remarkable history and heritage. From Baroque churches to “Belle Epoque” luxury seafront hotels to luxuriant parks and gardens, the city delivers a hansome balance of modern and old-fashioned charm. Today, more than ever, Nice is a vibrant tribute to the gentle way of life of the Riviera. It was this perfect harmony of light and gentleness which a handful of inspired aristocrats came to enjoy during the city’s heyday, alongside the most perfect of natural curves, those of the Baie des Anges.
Townhouses have 2 bathrooms
Plane:
From Dublin to Nice with Aerlingus.
http://www.aerlingus.ie
also Ryanair

Bedrooms: Bathrooms: Price (€):
3 1 645,000
0 (studio) 1 197,000
1 1
2 1
Features:
Beach
Submission Date:
04-02-2008
Last Update:
04-02-2008
Advertiser Details:


Name:
Nuala Lyons

Company:
French Property Ireland

Phone:
1850 882 800
Fax:
+353 91 585 890
Mobile:
087 1234953

 
 
Calculators

 
Property price: €197,000
 

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