| Ref No. FRA10147 > Lannion, La Val Fleurie 22300 |
Price: £
5,100,000 €
|
| Property Type: | Apartment |
| Category: | |
| Location: | Coastal |
| Region: | La Val Fleurie, 22300, Lannion, Brittany |
| Status: | AVAILABLE |
| Bedrooms: | 1, 2 & 3 |
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La Val Fleurie, Brittany is a development of '28' 1, 2 and 3 bedroom luxury apartments. This is a single complex sale for the whole of the development. The apartments are not available for sale individually. THE PURCHASE INCLUDES 9 YEAR GUARANTEED RENTAL ON ALL THE APARTMENTS. The complex can be purchased outright for Euro 5,096,000, or by an initial investment of Euro 1.5M and the remainder from a pre agreed euro mortgage.
La Val Fleurie, 22300, Brittany is a development of twentyeight 1, 2 and 3 bedroom luxury apartments.
This is a single complex sale for the whole of the development. The apartments are not available for sale individually.
THE PURCHASE INCLUDES 9 YEAR GUARANTEED RENTAL ON ALL THE APARTMENTS.
The complex can be purchased outright for Euro 5,096,000, or by an initial investment of Euro 1.5M and the remainder from a pre agreed euro mortgage.
With the guaranteed rents for 9 years this offers an exceptional investment opportunity with an estimated ten year return to the investor of more than Euro 6.5M.
The total expected return to the investor is 330% (32.98% per annum and a compound annual growth of 15.7%)
The investment can be sold at any time and does not have to be held for the full 10 year period.
Once the initial investment is made the property is entirely self financing including mortgage interest, management charges, life insurance premium and even tax fonciere.
Property Details
Area Description
Lannion has become a centre for the telecommunications industry, bringing prosperity to the area. In the old part of Lannion, attractive narrow streets run down to the river lined with restored houses. The town has superb shopping, quaint boutiques, wonderful medieval town houses and the largest weekly market for miles around.
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Disclaimer: Property Winners Ltd does not accept any responsibility for any errors or inaccuracies in the above property or financing information, details of which have been supplied by a third party. You should ensure that either you or your legal representative has suitably checked all relevant information before committing to purchase a property.
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