About the property

Situated in the 9th arrondissement of Paris, the business residence Cosys offers fully furnished and equipped studio apartments, and comes with hotel services. Property type: Leaseback Studios AddressParis 9 AccommodationStudios YieldUp to 4.12% Sizes37 to 40sqm Price:407K to 454K Delivery date1Q2011 Deposit5% to Notary Sales officeYES The Development: Situated in the 9th arrondissement of Paris, the business residence Cosys offers fully furnished and equipped studio apartments and comes with hotel services. This residence is mainly destined to business travellers as business tourism represented 43.3% of the overall overnight stays in Paris in 2009, this is the opportunity to make a good investment. The services offered by the residence include reception, laundry, cleaning and breakfast. Each accommodation benefits from large bay windows, a fitted and equipped lacquered kitchen with vitroceramic hob and dish washer, exotic wooden furniture and large floor carpet, spacious bathroom with bathtub and separate wcs. The decoration offers harmony in colour and a warm atmosphere. Further equipment include, free WiFi, direct phone line, flat screen with DVD player and access to international channels, safe, study and 3-place sofa, armchairs and coffee table. The residence boasts a five star rating on TripAdvisor! NB: The residence also offers garages for 32,450 with a yield of 6.82%. The Location: The residence is located in one of the most authentic area of the 9th arrondissement of Paris. It is set between the Grands Boulevards and Pigalle. The Grands Boulevards area of shopping through fares and flagship department stores, as well as the original Opera - hence the common name for the district, is to be found in the southern part of the arrondissement. And the cheap shopping district of Pigalle is in the north of the 9th, closely adjoining Montmartre on the hill above in the 18th. It has also the St Lazare area, which used to be the Impressionists stronghold in Paris. Landmarks are the Opera Garnier, the muse Grevin and the Olympia hall. Paris, the capital of France, is the countrys biggest city. Its one of the worlds leading business, tourist, fashion and cultural centres. There are an uncountable number of attractions including the Eiffel Tower, Notre Dame de Paris cathedral, Latin district, Napoleonic Arc de Triumph and the Champs-Elysees. Apart from several historical sites and monuments the city offers a large choice of parks and gardens to relax, evening entertainment and numerous restaurants and bistros to discover the best French and world cuisine. By Eurostar it only takes two and a half hours from London to get to the centre of Paris but there are also many low cost flights from all over the UK. The management company: The company exclusively managing this residence is a specialist in the conception and managements of Senior, Hotel and Business residences. With its 10-year experience and more than 150 partners, the company offers efficient advice and skills all the way through from the building conception to the investment management. The investment scheme: Your property will be managed by a well known business management specialist. Commercial lease of 9 years renewable The buyer will get 19.6% VAT cash back Rental income paid quarterly There are 2 investment options: pure investment or up to 1 week occupancy Financing: We have our own French mortgage brokerage service in order to find the most suitable mortgage for you. Whether you want an interest-only mortgage, a traditional repayment mortgage or hybrid mortgage, we can get the right mortgage for you. Access: Paris is the capital of France and is located in the northern part of the country in the Ile de France region. By train: Paris is 2h30 from London thanks to the Eurostar. By plane: There are different international airports in Paris, Roissy Charles de Gaulle and Orly, that connect Paris to many UK and other international destinations. Purchase Incentives Cashback Investment Characteristics Cashback Fully Managed Fully Furnished Lifestyle Activities City Rural Hills Amenities and Services Laundry Tourist Attractions Management Property Characteristics Furnished Property Features Garden Bay Windows Garage Internet Access Study Reception Fixtures and Furnishings Cooker DVD Player Telephone Key selling points: Paris 9th District - Leaseback Furnished And Equipped Studio Apartment Ideal For Investment. http://www.arkadia.com/zpoc-t508450/