Condition: Good
Full Description: One unit back to market - email me now for more info

An apartment block set over four floors, with 29 apartments available of 92 in total. Annual yields of 5.5% - great investment potential.

The management company, Antaeus, specialise in business and student accommodation, rather than holiday accommodation which is why this is really aimed at the investment (ie without use) market.

Features include: 97 parking places, a security entry system, electric gates, games areas, sports equipment room, green landscaped areas, a lift, collective aeriel for TV, laundry room, luggage lock-up, information desk, breakfast room.

The residence is located in the north-east of La Garde near Toulon's industrial zone and also nar to the motorways often frequented by tourists.

Annual yield is an excellent 5.5%.

Prices:

Studio one person - 69,307.10 Euros including VAT (= 57,949.08 exc VAT).

Studio two people - 89,752.60 to 117,475 Euros including VAT (= 75,043.98 to 98,223.244 Euros exc VAT).

The VAT is reclaimable after purchase.

Sizes:

Between 20.8m² for a one person studio to 26.45 to 34.82m² for a two-person studio.

Kitchen to have cupboards, double electric hob, fridge.


See lot plans opposite - click to enlarge.

Management company - Anteus in Grenoble.

Delivery 30 October 2006.

Non-cashable cheque in any denomination for 5% of price will secure a unit.

Initial leaseback term is 11 years.

Lease to start 15 December 2006 with a cheque to you on the 10th of each month - which might be preferable to other schemes where the payment is annual or quarterly.

Antaeus are one of France's largest rental accommodation companies and manage 27 other residences (2,583 rental units) throughout France. Email me for a full list of their locations, or check out their website at www.antaeus.fr/.

Location: La Garde lies 10 mins from Toulon, one hour from Marseille and one and a half hours from Nice.

New-build property values in this region are rising by a cracking 28% in a year at the moment.

There is little local competition for the same type of residence, so well-needed.

The wild littoral counbtryside lies 3km away, the beaches 10km.

The nearby commercial centre has 241 enterprises, 25 restaurants, 20 boutiques. Also, a business cntre, university complex, ice-skating rink, pool, sports centre and golf course lie nearby. Phew!

Short Description: SOLD OUT JUNE 06Investment studios of varying sizes on a busy tourist route near Toulon. Guaranteed annual yields of 5.5%. Great, clean investment opportunity with proven management company. One unit back to market - email me quickly for more info.



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Listed by: Nicole Hammond
Phone: +33 (0)4 67 26 90 42
Mobile: +33 (0)6 32 07 84 13
Info: English Bilingual Property Hunter

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

SIRET NO: 453 211 153 00011

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