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Provence Leaseback Property


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Sea View Apartments metres from the Monaco border in Beausoleil

Provence Buy to Let Development Summary
Ready: 4Q 2009
Prices from: € 159,000 Yield: 3.50%

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 Lease Length: 0.00 years
Personal Occupation? Yes
    
(please quote Agent REF No)
 
Town / City: Beausoleil  
Department: Alpes-Maritimes 
Region: Provence  
 
Locality: Coast
Villa / Chalets: No   Apartments: Yes
Studios: Yes   Stars:
     
 
 
A brand new development with sea views, located just metres from Monaco on an exceptional site in the centre of Beausoleil.

Beausoleil is just above Monaco and 30 kilometres away from Nice, and offers its visitors constant sunlight and refreshing sea breezes. It is often considered as a health resort and is known as the Montmartre of the Cote d’Azur due to the numerous stairs lined with houses that can be found. The local architecture is of an Italian influence and the town is surrounded by greenery.

This new development consists of 41 properties spread over 6 floors, all of which have either a garden or terrace, with some offering views out over the Mediterranean sea. The development also boasts 45 interior parking spaces ensuring that it is practical for day to day living as well as holidays.

The development is well designed and of modern architecture, making it a solid investment in terms of location and design for now and years to come. It will be completed in 4th Quarter 2009 and is already selling quickly. Yields of 3.5 – 4.2% can be reached through residential letting, possibly more for seasonal lettering.

Prices start at 159 000 Euros for a studio (parking is extra) and properties range from studios measuring 26 – 29 m2 through to 3 bedroom duplex apartments measuring 101 m2.

Prices in Beausoleil have been rising steadily for a number of years and this has continued in 2007. 2006 saw prices reach over 5000 Euros per metre squared and since 2007 we have seen prices rise from just under 5500 Euros per m2 to over 5800 per m2 on average. Beausoleil is continually attracting investment from people wishing to holiday, retire or live in this popular part of France and this development offers an exception location to do this.

Contact Sharon for more information about this Provence Leaseback development and for the latest availability in Beausoleil.


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