This smart and modern residence in a Regional Natural Park and only 35km from Paris offers fully furnished studio to 2 bedroom apartments.
Property type : New build Leaseback Apartments
Address Magny les Hameaux
Accommodation studio to 2 bedrooms
Prices €144K to €455K
Size 19.57to 61.93sqm
Deposit 5% to Notary
Sales office yes
Yield Up to 4.2%
Delivery date 3Q2011
The development:
The Magny les Hameaux Residence is a new development which offers studio to 2 bedroom furnished apartments with outside parking. All are designed to a high standard with warm colours, and benefit from entirely equipped kitchenettes (microwave oven, dishwasher), bathrooms and closets. The residence boasts a full breakfast service, apartment cleaning, linen provision, self service laundry facilities as well as relaxation and reception lounges. The office services include a computer room, broadband internet and LCD TVs. There are also green spaces planted with trees and the residence is fully secure as it is fenced- access is through an electric gate with interphone and digicode.
The location:
Magny les Hameaux is only 35km from Paris and part of the Saint Quentin en Yvelines metropolitan area, ranked as the 2nd economic centre in the area west of Paris, and near the world class Saclay Plateau science cluster. The city is constantly evolving with the business creation rate up 135% in recent years, and it is home to large corporations (Telehouse Europe, Snecma, Colas) and 4 business parks (specialising in services, industry, trades and high tech). Magny les Hameaux also has a history, with many chateaux and religious monuments in the area. It is also part of the Regional Natural Park of the Haute Vallée de Chevreuse. This means 80% of the city is composed of green spaces.
Activities:
Magny les Hameaux promotes the arts, with a media library, a national museum and numerous concerts, exhibitions, debating evenings and thematic events on offer. Various sporting activities are possible as there are 2 gymnasiums, 6 tennis courts, boules courts, an archery ground as well as 3 golf courses within a 10km radius.
Local food and gastronomy:
Food grown locally includes Paris mushrooms, Faro apples, the Montmorency cherry, the poultry of Houdan, the Brie de Meaux and Coulomniers soft cheeses, Meaux mustard, crystalised petals of roses from Provins and Noyau de Poissy liquor. Recipes include hashis parmentier (cottage pie), blanquette de veau (veal with mushroom, cream and carrots),and Chantilly cream.
The management company:
The company is the leader in furnished urban business residences located at the heart of towns and cities. It has 60 residences to its name in 2010 and 140 on the horizon for 2015, meaning so far around 7 000 apartments, all decorated to a high standard and benefitting from hotel services, for either business or leisure visits lasting from several days to several months. The occupancy rate is currently at 80%, with over 150 000 stays a year. The company offers a response to businesses and firms increasing need to lodge employees on business trips as well as the demand from individuals keen to partake in urban tourism.
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 find the right mortgage for you.
The investment scheme:
Your property is in a classified tourism residence and will be managed by a tourism management specialist.
You will benefit from a commercial lease over a period of 11 and a half consecutive years and renewable. Rents are secure and guaranteed by the management company for 23 years minimum.
The buyer will get the VAT back.
Access:
By car: RD195 Gomberville
By train: RER Line B St Remy les Chevreuse
By plane: Paris-Orly Airport is 30 minutes away, Roissy-Charles de Gaulle 60 minutes
Lille- 1h30 by train, 2h50 by car London- 45minutes by plane, 2h40 by train