Paris Centre- Marais / Bastille district

Benefit from an opportunity in a lifetime to invest in one of the most desirable and entertaining districts in Paris. Two steps away from Le Marais and its renowned Place des Vosges, and only 5 mins walk from the famous Place de la Bastille. Currently being leased ay 4% yield.

Freehold leaseback apartments in Central Paris with 4% yield, which is above the Parisian market average. Central location in one of the world's hottest investment locations - Paris - with annual property price growth of 9% in 2007. Paris Bastille Marais is a low-risk property investment in Central Paris.

Studio and one-bed apartments are available in the 136-room Paris Bastille Marais complex. Prices for the leaseback apartments are between 240,000 Euros and 485,000 Euros.

This is an incredible investment opportunity to purchase an apartment in Paris’ most desirable quartier with great potential for high capital growth due to its prime location and excellent transport links to the heart of the city centre.

The Bastille Marais area combines two of Paris’ most vibrant and colourful districts, the XIth and the IVth. This area borders the canal de St. Martin and has some of the most beautiful traditional Parisian architecture including the renowned Place des Vosges, which makes the real estate here some of the most expensive and in high demand.

The many museums, such as the Picasso and Carnavalet, as well as the shops selling contemporary art and design, have attracted the wealthy and the artistic, who now live in this highly desirable part of the city, taking
advantage of the great transport links, the fantastic restaurants, shops and bohemian chic nightlife which really make this the place to be in Paris.

The residence, which has 138 apartments arranged over 7 floors, is on the tree lined, leafy Boulevard Richard Lenoir just 5 minutes from Place de la Bastille.The air-conditioned apartments are a mixture of studios and one bedrooms, which all come fully furnished with kitchen appliances, TV and wi-fi. There is also 24-hour reception and private garden in the centre of the building.

The complex carries the Citadines brand which is currently found in 13 countries. The Citadines brand is currently owned by the Ascott Group which manages a portfolio of more than €100 Billion.

The strength of this location is mirrored only by the strength of the exceptional rental return and the management company.

Paris is the number one city in the world for tourists with almost 30 million visitors each year which means that this investment has great long-term potential.

Leaseback terms here are for 9 years with guaranteed net rental return of 4% per annum, index linked, and paid quarterly.

It is a hand-off investment property, the management of the property being handled by Citadine - Europe's leading leaseback property developer and management company.

Finance is still available on the French market with high levels of loan to value for leaseback property at low rates. Up to 90% mortgages available in france at 5.5% approx fixed for 20-25 years.

An index-linked net rental return of 4%.
If you combine these aspects