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Provence Leaseback Property


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Marseille - smart student accomodation

Provence Leaseback Development Summary
Ready: Sep 2008
Prices from: € 92,000 Yield: 4.27%

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 Lease Length: 11.00 years
Personal Occupation? No
    
(please quote Agent REF No)
 
Town / City: Marseille  
Department: Bouches-du-Rhone 
Region: Provence  
 
Locality: Town
Villa / Chalets: no   Apartments: no
Studios: yes   Stars: 3
     
 
 

France's second largest city and most important seaport is Marseille. It was established over 2600 years ago and has prospered chiefly as a trading port through the ages.

In the past it had suffered a from a less than glowing reputation but now this is image has become very outdated, with huge amounts of money being spent on regeneration programs throughout the city, and te famous waterfront being given a complete overhaul. Thanks to the rapid TGV rail-link, many Parisians come to treat this cosmopolitan city as a weekend retreat. It is generally now regarded as "branché" (i.e. trendy)

The development comprises of 84 apartments which are all studios, some are slightly larger than others and benefit from balconies or terraces.  The apartments are set over 2 buildings which form an H shape and which is surrounded by landscaped gardens. The buildings comprise reception areas, laundry facilities, and breakfast rooms. It is located in the 12th arrondisment of Marseille and is only approx 15 minutes into the very centre by public transport. 

The development is aimed at the students who atend the nearby University faculties of Pharmacy, Oncology and the research centre. Marseille being France’s 2nd largest city has thousands of students all looking for quality accomodation which makes this an incredibly interesting opportunity not only in the short term but also long term as its value as a re-sell proeprty will also rise. 

The apartments are close to the train station and are also on the routes for the tram and buses into the city.

Marseille is one of easiest cities to reach in Europe, with a great train service and a convenient airport. Marseille Provence International Airport is just 20kms from the city centre and is directly connected by its own motorway. The TGV train service provides very fast access from Paris and Nice, while the French motorway system cannot be beaten for simplicity and safety.

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


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