Residence with services targeting a mix of tourists, professionals and students!! The good news is that this property is already completed therefore the residence is up and running having opened its doors since October 2006. The residence boasts an excellent location in the centre of Montpellier and offers extremely fair prices. Owners will begin to receive rental income immediately and benefit from a VAT discount off the acquisition price approximately 4 months after closing. This is a new build development offering reduced French notary fees. The residence will be serviced by one of France's leading management companies providing peace of mind and reinforcing the receipt of your guaranteed rental income. Location and eminent VAT refund make this an excellent opportunity in terms of cash flow! In addition, owners will receive a guaranteed rental income of up to 4.5% paid net.