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Poitou-Charentes Leaseback Investment at 4.2% Returns

Agency: Jean Philippe

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Price:  EUR 89000 (Currency Converter)

Agent Reference: Poitiers Gare
City: Poitiers
Region/State: Poitou-Charentes
Country: France
Location: Urban
Beds: 1
Baths: 1
 

Type: Apartment
Status: For Sale


Full Description: The CITEA Residence from Pierre & Vacances is a new leaseback development situated in the business district of Poitiers - the capital of the Poitou-Charentes area in Western France. It is a 2-star residence of 127 apartments (studio and one-bed apartments) in a five storey building. The residence is located approximately 200m from the Poitiers TGV train station and is just 10 minutes from the centre of town.

The residence itself is of a contemporary style with architecture that blends in perfectly with the surroundings. The leaseback apartments are bright and practical, with fully equipped kitchenette and adjustable air conditioning. The residence includes a pool and outdoor car parks.

Prices for leaseback studio apartments at the CITEA Residence start at 89,000 euros. Prices for leaseback one-bed apartments start at 150,000 euros. Check with us for latest prices and availability.

Completion is scheduled for April 2010. Leaseback scheme includes VAT rebate. Rental income of 4.2% without personal stays, index-linked on a 2% cap.

Locality Features
Local Shops
Pool
Restaurants

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