The Adagio Access Clichy residence offers studio to 2-bedroom apartments on the banks of the river Seine, close to the centre of Paris.
Property type: Studios and Apartments
Address Clichy
Accommodation Studio to 2 beds
Prices €154K to €347K
Sizes 18 to 60sqm
Yield 3.75%
Delivery 4Q2013
Deposit 2% to notary
The residence:
Determinedly urban, the Adagio Access Clichy residence combines the charm of the banks of the Seine with close proximity to Paris. Its entirely glazed ground floor lights up the Residence and reveals a very pleasant neighbourhood. Functional and comfortable, its 141 apartments have been designed for business and leisure stays. From studio to two-bedroom apartments, they are all carefully decorated thus creating a warm and intimate atmosphere. The breakfast room, with its glass canopy, is reminiscent of the cosy atmosphere of Parisian bistros.
The location:
The Greater Paris Area offers a multitude of marvellous tourist sites. Home to 4 natural parks and dozens of navigable water courses, the region attracts 45 million visitors a year with world-famous sights: the Louvre, the Eiffel Tower, Chateau de Versailles, Disneyland Paris... A key tourist destination but not only its international appeal does not stop at that as it is also the top-ranking business meeting destination.
Clichy, a legendary town, once home to famous writer Henry Miller, is appreciated for its heritage, the quality of its facilities and its “village” atmosphere. Bordered to the north by the Seine and to the south by Paris, it is the perfect place to escape to with its 38 hectares of green space, to discover the riches of its listed buildings and to enjoy its many cultural and sporting events.
In south-west Clichy, a 7-minute walk from the «hyper» town centre, the Anatole France district offers an exceptional location at the gates of Paris, ten minutes from the Place de l’Etoile. With extremely good public transport links, it now attracts many offices and headquarters of famous companies such as L’Oreal. Calm and pleasant, it is appreciated by residents who will soon be able to benefit from the development of a one-hectare park behind the residence.
The management company:
The company exclusively managing this development is stock market-listed and has been operating in the tourism industry since 1967. Currently managing 47,200 apartments in 379 residences across Europe (the majority of which are in France), this company welcomed 7.5 million guests in 2007/2008 generating 1.425 billion Euros of revenue.
Financing:
We have our own French mortgage brokerage service in order to find the most suitable mortgage for each client. Whether you want an interest-only mortgage, a traditional repayment mortgage or hybrid mortgage, we can get the right mortgage for you. Mortgages up to 85% LTV (subject to status).
The Investment:
Freehold leaseback
Guaranteed indexed rent net of maintenance or management fees
Rents paid quarterly
Up to 3.75% guaranteed annual rental return, net of all charges
Up to 85% LTV Mortgage finance available
The buyer will get 19.6% VAT cash back
Access:
Clichy is a commune of the Haut de Seine in the north west of Paris.
By car : Access via the “boulevard périphérique”: Porte de Clichy exit. Several motorway accesses: A86, A1 and A15.
By train: Connections every 6 minutes for Paris (Saint-Lazare).
By plane: Less than 30 minutes from Paris airports: Roissy-Charles de Gaulle and Orly
