Apartment for sale in France

New development, comprising 113 properties situated on the outskirts of Paris in Villejuif.

The properties will mainly be studios although a handful of one bedroom apartments will also be available and will be aimed at the business market. They will be divided over 5 floors and will be of a modern architecture.

Prices will start at 131 957 Euros inc VAT for a studio apartment measuring 23.30 m2 and will range to 258 265 Euros inc VAT for a one bedroom apartment measuring a generous 42.81 m2.

An eleven year and eleven month lease contract will be held with an established management company and the properties will offer an annual yield of between 4.9 and 5.1%.

Rental income will be paid quarterly in advance which is quite rare and the income will be index linked and reviewed on an annual basis.

The property will be delivered in March 2008 and will be located opposite the Institut Gustave Roussy, which is the one of the most important cancer research centres in Europe.

It will also benefit from nearby transport links including the Paris Metro and also the RER as well as direct access to the international airports of Roissy and Charles de Gaulle. This type of location is extremely popular with investors due to its proximity to Paris, without the Paris prices!

Villejuif irresistibly draws all those looking for an outstanding quality of life at the gates of Paris.

Villejuif is a particularly attractive town that makes the most of its heritage while simultaneously embracing a dynamic future.

A close suburb of Paris (just 5 minutes from Porte d?Italie), Villejuif is a town of individual suburbs and localities.

Dynamic and welcoming, offering a wide range of activities, shows, events and encounters, the town has nevertheless managed to preserve a more human dimension.

A major economic hub in the Val de Marne, the principal focus of activities in the area is on healthcare and technology. The proximity of famous hospital complexes (Paul Brousse ? Kremlin Bicetre) provides a source of employment for some 6500 people.

The Paris tube line (number 7), the 131 bus line from Porte d?Italie and the close proximity of the A6 motorway and the Boulevard Périphérique (Paris ring road) ensure Villejuifs perfect integration in the inner suburbs of Paris.