Apartment for sale in Languedoc-Roussillon, France

?7 studio apartments with large balconies or terraces overlooking either a modern plaza or the river and city. ?Very contemporary structure forming a half circle in two pieces with parking. ?5 mins walk into the heart of Perpignan, 10 mins from the train station. ?Lifts to all floors ?Cable and satellite connections in each apartment. ?Modern landscaped gardens with automatic watering all around. ?20km of fine, sandy beaches are only 20 mins away ?Perpignan is one of the fastest growing cities in France, the TGV will go through the city in 2009 joining it to Barcelona in less than an hour, Marseille in an hour and Paris only 4 ½ hours. This is a large, modern development made up 81 apartments ranging from 1 ? 4 bedroom properties. These 7 studio flats are aimed purely at the leaseback investor market and will be rented out to aspirational young business people or young couples looking to live somewhere with style and class whilst they save up for their own houses. The French housing market is such that young professionals will rent studio and one bedroom apartments up until their late 20?s ? early thirties rather than live in shared houses. It is impossible for first time buyers in France to obtain a mortgage without at lease a 20% deposit which means France is a nation of renters. Perpignan makes an interesting investment opportunity due to its recent expansion, renovation and renewal. Until 10 years ago Perpignan was seen as a small provincial city, full of animated spirit and historic buildings but low on class, culture and modern building projects. The Government and local council have subsequently put into place an extensive program of renewal, spending money on revamping existing buildings, creating bright, contemporary squares, accommodation, and shopping centres and really boosting the exiting arts and culture programmes. Added to this, the TGV link will soon pass through the city (2009) which means it will now be a sought after place in which to live as access to Northern Spain and across the Mediterranean Coast will open up considerably.