Apartment for sale in France

Buy to Let Investment Lyon - Contemporary Apartments in the City Centre

The City
Lyon is the second largest city in France after Paris and has for the past 500yrs been a powerful centre for the textile, pharmaceutical and banking trades. The knock on effects of this thriving economy are quite simply outstanding - a range of interesting museums, a dynamic university, first-class shopping, antique markets, varied nightlife, art-house cinema and vibrant theatre and music festivals.

Lyon's districts
A look at the figures reveals a real population boom in the 3rd and 7th districts, a slight rise in the 1st, 4th, 5th and 6th, and falls in the 2nd and, to a lesser extent, the 9th. With a population rise of 12,226 since 1990, the 3rd and 7th districts are showing the most spectacular increase, the Villette/Paul Bert and Gerland Dauphiné/Sans Souci neighborhoods being the key areas. The newcomers to the 3rd district are young households with one or more children, whilst the 7th shows a surge in mature students and young business people.

The Development

Located in Gerland:-a newly regenerated 7th district of Lyon which is linked by tube (2 mins from the apartments) to the rest of the city (10 mins to the historic Old Town)

The river and its many redesigned and rebuilt quays and cycle paths are 10 mins walk away

The train station is 15 mins on foot, and the motorway is 15 mins in car

The impressive Stade de Lyon and all its ancillary shops, bars and restaurants are 500m away

The apartments have landscaped lawns, trees and greenery around them.

The apartments are also only 10 mins walk away from Le Parc de Gerland, a large 80 hectare park suitable for all the family with mant outdoor activities.

The apartments are available on a 9 year lease with a renewable contract every 3 years thereafter.

This is a substantial district with not only creches', schools and the university campuses for the international ecole of France but also a centre for pharmaceutical head quarters, making this an excellent location for the business letting market.

Not an outstanding yield (3.3% - 4.11%) but what this development lacks in instant yield it more than makes up forin long term investment. This area is only going up and is having substantial amounts of money spent on it but the local council over the coming years.