Condition: Good
Full Description: All sold out Jan 07. The Canaletto development on the banks of the Canal du Midi on the fringes of Carcassonne.

This is a small development of 32 apartments situated beside the canal du Midi just on the fringes of Carcassonne.

The rental management company is La Sit, who are well established and they are offering the full range of bad tenant insurance covers for 4.9% of annual rents, their management for a further 8% per annum, 150 euros one off fee for first inspection/acceptance of the new apartment, half a month's rent for the first tenant cahnge and all subsequent. The contract is of three years tacitly renewable.

As these are being let on a de Robien basis (they can be bought and occupied by the owner, but here we are talking investments......) they should be let out for 9 years. Even better for 15 years before resale.

Short Description: ALL SOLD OUT JAN 07. Good investment or second home properties on the banks of the Canal du Midi in view of the great Carcassonne battlements. 4.49% return but full capital growth. De robien.


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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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