Property Details
- Property: Apartment (Leaseback)
- Bedrooms: N/A
- Bathrooms: N/A
- Receptions: N/A
7441-GRENOBLE
Leaseback Apartments in Grenoble
Features
This new Tourist & Business Residence will consist of 80 apartments ranging from studios to two bedroom duplex apartments with terraces spread over 8 floors with prices starting at 90 390 INC VAT.
The development will be built to a high standard and each property will be well equipped ideal for short, middle and long stays.
Well located in the South of Grenoble, nearby the Congress Centre, the development location profits from all the facilities required by the modern business traveler.
Connected to the rest of Grenoble by the Tramline A (this line runs from South to North Grenoble) the residence is easily accessed. It will also be close to:
Gigastore (a large shopping centre measuring 3000 m2)
10 minutes from the city centre
2 minutes to the Alpexpo ? Alpes Congres (congress and exhibition centre)
5 minutes from Summum (concert hall with seating for 3000 spectators)
Opposite Grenoble?s largest shopping centre, Grand Place
10 minutes from the Grenoble South Hospital
The residence will be managed by the largest property management company in France specializing in furnished business accommodation with over 100 residences throughout France.
The properties will be sold with a lease contract of 9 years and owners can enjoy a rental income between 4.7 and 5.05% depending on the property purchased.
The rental income will be reviewed on an annual basis in function with the INSEE COST OF CONSTRUCTION INDEX and will take into account up to 85% of the annual fluctuation.
Grenoble is known as the Capital of the French Alps and is completely surrounded by mountains of the Belledonne, the Vercours and the Chartreuse.
One of the flattest cities in France, it has a very strong economy and is the French equivalent of the Silicon Valley, home to numerous IT and technological companies including Hewlett Packard, EDF, Air Liquide, Tycro Electronics, Philips, Bull, Roche Diagnostics and Schneider Electric.
It also boasts a renowned university and high education establishments and is home to over 72 000 students.
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