Buy to Let - Rouen D1181
Two Buildings
  • Ref: 1180
  • Type: Apartment
  • Price: €195,000
  • City: Rouen
  • Bedrooms:
  • Bathrooms:
  • Surface ms:

Pictures available:

Two Buildings One Building Plans of 3 Bed Apartment Sample One Bed The Market

Condition: Good
Full Description: Only four 3-bed apartments still available offering rental return at today's rates of 5.03%. Price per apartment 195 000 TTC

Assortment of 1 bed, 2 bed and 3 bed apartments in this residence of the highest standard, the builder is Elige( a filiale of Vinci) hence of very good standing in terms of financial worth, competence and quality of the finished properties. (Builders of numerous 4 star hotels etc)
The position of the residence, in terms of rentability is very sound, being as it is near the hospital quarter, the medica and pharmaceutical facultiesl schools, the seat of the regional council and all the administrative offices that that entails.
This guarantees the long term lettabilty of this residence.

The management comany is La Sit, chosen because of their proven competence, and professionalism. Established in 1978, la Sit sets a standard in long term rental management by which we judge the others.
In these circumstances, this makes for an outstanding rental investment on a de Robien (9 years of letting, management contracts are of three years renewable) basis. Although as these are not leaseback, they can be bought to be occupied by the owner or let out directly by the owner.

Rouen is the capital of Haute Normandie with all the powers and adminstration offices that that entails.
the town has 400000 heads of population, a mixture of industries and the foremost French port for wheat and paper traffic. It is also a big and renowned university town.
with 40000 students and a high reputation in the Science subjects.
The antique trade and the cuisine are both internationally reputed.
it is a short journey from Britain via calais and the Chunnel or Dieppe-Newhaven or Le avre-Portsmouth
In 1970 Rouen became the first town in France to have a pedestrian only centre/
The Port is
The worlds biggest wheat exporter
The largest port in the EEc in terms of agricultural and food products
The largest Port in france for paer traffic
4th largest french container port
5th largest french port in terms of overall traffic
the residence is in a pleasant residential quarter in the historic heart of Rouen,
Close to the College of Medecine, College of Medical Sciences of the University hospital
Close to all the shops and services of Place St Marc ( principal square of the town) with a market that is reputed to be the best in the whole region.
Close to the centre of the town with all its cultural activity (museums, libraries, Theatre des Arts, Theatre des Deux Rives......)
close to the 'Metrobus' station of Martainville.

The area and the quality of the construction guarantee the investment both for rental returns and capital growth.

The rental management firm organises all the usual 'bad tenat' , domestic disaster insurance. 4.9% prime
Management of rentals costs 8% + a payment of 150 euros for inspecting and accepting apartment at builder's finish. There is also a payment equivalent to half a month's rent for any change of tenant.

Short Description: Non-leaseback investment properties. Only four 3-bed apartments still available. 109 apartments spread over 6 floors of two buildings in high class development. Delivery end 2006, ready to sign now. Buider part of Da Vinci group, management firm La Sit. Easy exit very good investment. 5.03%starting return.

Listed by Jane Hughes


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Re. Buy to Let - Rouen D1181, Ref 1180




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