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Investment Apartments in Nīmes D1248

Listed by Nicole Hammond

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Town: Nīmes
Location: City
Price in Euros: €76,000
Beds: Studios and 1-beds
Baths: 1
Floors: 6
Year Built: Delivery June 2008
Department: 30 Gard
Regions: Languedoc Roussillon
Seller: Agent Listing
Leaseback/Investment: yes
Non Leaseback Investment: no
Status: For Sale
Type: Apartment
Condition: Good
Full Description: Mar 07 - 59 left from 143 units.

A residence of 143 studio and one-bed apartments situted in the heart of the city of Nīmes. Only a few minutes walk from the historic city centre and the train station and near to the all major facilities - shops, schools, creches, public pool...

The residence itself is composed of two buildings forming a V-shape and surrounded by landscaped gardens.

This residence has been conceived due to a shortage of rental properties with services. It also has 60 covered parking spaces, reception area, breakfast room, rental units providing the tenants' services.

The apartments are of differing sizes and styles. The studios range from 19-25m² and the one-bed apartments (including eleven duplexes - ie with the bedroom in a mezzanine area) range from 34-40m².

Prices range from, for the studios, 63 500E exc VAT (76 000E inc VAT) to 79 500E exc VAt (95 000E inc VAT).

And for the one-beds, 120 000E exc VAT (144 000E inc VAT) to 136 000E exc VAT (162 000E inc VAT). Duplexes 108 000E exc VAT (130 000E inc VAT).

The apartments themselves have been designed with the combined exerience and knowledge of the promoter, architect and the management company, with each minute aspect being considered carefully before being approved. The result is the creation of a residence that can offer not just modern functionality, but life in calm and pleasant surroundings. One example of this is the inclusion of French windows opening onto the balconies, which makes the apartments lovely and light and airy.

Delivery will be in June 2008, work to start end of March 2007, completion papers to be signed in May 2007.

Deposit only 2%.

Yields up to an excellent 5.35%.

The management company is the reputable Antaeus, whop manage more than 30 residences throughout France (in tourism, the service industry and business).

The lease is for 11 years and 11 months.

Short Description: Mar 07 - 59 left from 143 (released in Feb 07). Investment Leaseback - studios and one-bed apartments in the centre of the Roman city of Nīmes. Giving up to 5.35% returns. Superb emplacement, filling a local and regional gap in the market for this type of short-term rental property.
Home Features
  • Balcony
  • Close to Beach
  • Close to Schools
  • Close to shops
  • Double Glazing
  • Electric Wall Heaters
  • Fitted Kitchen
  • Touristic Sites

Community Features
  • Public Transportation

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Agent Info

Listed by: Nicole Hammond | Contact Agent
Phone: +33 (0)4 67 26 90 42 | Mobile: +33 (0)6 32 07 84 13 | Info: English Bilingual Property Hunter
Please try my landline first as my mobile reception is poor through these thick stone walls.

I live in a small village in the south of France (in the Hérault, Languedoc Roussillon), between Béziers and Pézenas for those of you who know the region.

SIRET NO: 00011

 

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