Apartment for sale in Alsace, Lorraine & Vosges, France

Type: from Studios to 2 bedroom apartments Price: from ? 63,000 to ? 139,000 excl.VAT Yield: 4.2 - 5.31% based on the total price ex VAT Personal usage: No Lease length: 11 years and 11 months Delivery date: June 2009 The development is a 3 star residence offering the high quality studio to 2 bedroom apartments with indoor and outdoor parking, luggage room, sauna, laundry room, triple lock security of the doors, built in cupboards, individual electric heating, carpetedliving areas, tiled kitchens, modern kitchen facilities and features, lifts to all floors and a general high level of interior standards. It is located in Mutzig city, in the Alsace Region; that is just 30 km away from the city of Strasbourg. The residence is located in the center of the town of Mutzig which is well known for being a hub of business and tourism. With Strasbourg becomming of of the biggest growth cities in France this has a knock on effect to its outlying neighborhood towns like Mutzig which now have a great demand for high quality accomodation. The area has four main characteristics in terms of tranquility, accessibility, being practical and a good level of economic stabilty. At the heart of Alsace, just twenty kilometres or so from Strasbourg, the Molsheim-Mutzig Region welcomes you to the foothills of the Vosges mountains and the gateway to the Bruche valley. Every season offers a touch of magic with the vineyards along the Wine Route, the backdrop of the Vosges mountains and the vast agricultural plain carpeted with fields of asparagus. Strasbourg and its suburbs are incredibly secure investment areas. They have experienced (in the last 12 months) a rise of 17% capital appreciation. In the next 2 years this figure is set to rocket as the city is linked by TGV to the U.K, Germany and other parts of France increasing its importance as a central hub in Europe. The city is host to some of Europe?s most prestigious companies as well as international business and organisations. There is very low unemployment in this area and with more and more people migrating to this area for work, premium property is very scarce. Access By road: Motorway A4 Paris-Strasbourg is about 4 hours. By train: From Paris to Strasbourg is 4 to 5 hours By plane: Airport: Frankfort airport and Strasbourg airport Direct flights from Paris (1 hour) and many European cities to Strasbourg and Basel-Mulhouse-Freiburg airports.