Carrieres-sous-Poissy, Yvelines - LA CROISETTE |
From 68,000€ |
Type: Studio and 1 bedroom apartments
Living areas:
Studios: 18m² to 23 m²
One bedroom: 30 m² to 33 m²
Projected delivery date: 3rd quarter 2008
Lease length: 9 years
Yield: 4.3%
Prices:
Studio: from 68 000 EUR excluding VAT
1 bedroom: from 118 000 EUR excluding VAT
Personal occupancy: None
Nearest airports: Paris Orly (50 km), Paris Charles de Gaulle (59 km)
The property:
This attractive four-storey business residence will be part of a larger residential and commercial complex set in a very pleasant environment on the banks of the River Seine, within short distance of the city centre. The leafy suburban town of Carrieres-sous-Poissy, where the international headquarters of Peugeot-Citroen is located, is 30 minutes on the regional express train (RER) to central Paris.
The 120 studio and one bedroom apartments will be very comfortably furnished and fully equipped to suit the requirements of a corporate clientele. Some will have balconies and private parking.
The project is led by one of France’s leading developers and the residence will be operated by a major management company. Rental income will be indexed on an annual basis.
The location:
Carrieres-sous-Poissy is a pleasant north-western suburb of Paris, easily accessible to commuters by means of the regional express train (RER). Fully aware of its potential to attract a population seeking a better quality of life, Carrieres-sous-Poissy has encouraged the preservation of the attractive houses in the historical city centre as well as its characteristically beautiful countryside with its many hedges, copses and small fields. This prosperous area owes its wealth to the soft limestone quarries first exploited in the 12th century and to the 1899 edict enabling the local population to irrigate the land with water from the River Seine, thus enabling the development of modern farming techniques. This tradition has been withheld until today and a great deal of the fresh produce on the Parisian markets is grown here.
The French Ford company opened its first car factory in Carrieres-sous-Poissy in the 1930s and the site has now become the industrial and international headquarters of Peugeot-Citroen (8500 employees in 2005).
Our opinion:
A well located, high-quality development that offers an attractive, highly-indexed yield, guaranteed by one the leading management companies in France.
Summary
Living area: 18 m² to 32 m²
Bedrooms: Studios and 1 bedroom
Projected delivery date: 3rd quarter 2008
Lease length: 9 years
Return on investment: 4.3%
Personal use: None
Price range: 68 000 € to 141 000 € excl. VAT