Apartment for sale in France

Located just 2 kilometres from the Paris signand 5 kilometres from the Eiffel Tower, Issy les Moulineaux is ideally located for people looking to rent near Paris and this development offers a variety of accommodation suitable for all types of tenant (from students through to families). Yield: 2.17 - 3.84% expected income based on the VAT inclusive price Capital Appreciation: Average of 1.5% every 3 months in last year. Over last 5 years the area has experienced an average of 7.9% growth per year. Area is set to continue to grow more quickly over next decade. Unemployment stats: Issy les moulineaux: 8% French average: 13% Lease Length: The property can be let out with a 3, 6 or 9 year lease and owners can benefit from a variety of rental insurances securing their income. This is a traditional purchase and can be lived in if desired. Please contact us for full details. Delivery Date: End 2008 Studio: 165,000 - 205,000 euros inc vat expected income 3.4 - 3.84% 1 bed: 200,000 - 360,000 euros inc vat expected income 2.17 - 3.54% 2 bed: 320,000 - 410,000 euros inc vat expected income 3.17 - 3.39% 3 bed: 460,000 - 500,000 euros inc vat expected income 2.98 - 3.13% 4 bed: 850,000 - 950,000 euros inc vat expected income 2.53 - 2.97% 5 bed house: 1000,000 euros inc vat expected income 2.88% Financing: A variety of French mortgages are available for this development, including 100% fixed rate or capped rate mortgages over 20 years and 70 - 100% interest only mortgages. Please contact us for details or apply for a decision in principle online on our mortgage pages. Key Development Facts: -> The development is in a residential neighbourhood close to the centre of Issy and only 10 mins walk to the Seine. ->Transport into central Paris (Les Halles, Champs Elysees, Eiffel Tower) from the area around the development in less than 30 minutes. -> Opposite the development is the renovated 'les Arches' a pretty reworking of existing archway properties now housing artists studios and boutiques. -> The development is contemporary in design, made of pale stone and in park clad in oak timbers. ->shared private gardens and is in a quiet area with tree lined roads. Area Information: As one of the most densely populated municipalities in Europe and is seen as the 'star' of the Parisian suburbs Issy-les-Moulineaux has successfully recovered from its industrial past and is now located at the heart of the business district of the Val de Seine, which is specialized in communication activities. Today, despite a population which is booming, Issy-les-Moulineaux harbors more employment than inhabitants and is consequently developing new housing initiatives to feed this demand. The French terminal of the Paris-Brussels helicopter service and a Catholic theology school are in Issy-les-Moulineaux, as are top Medical centres and a river boat community along the banks of the river Seine.

Property prices are expected to continue rising in Issy-les-Moulineaux, due to its extreme proximity to Paris making it the ideal location for all those who want to be in Paris but cannot afford the Parisian prices!