Description
STUDENT RESIDENCE CONTEMPORARY STYLE
The third largest city in France after Paris and Marseille and the capital of the Rhone-Alps region, Lyon is an exciting city located in east central France. It is a major centre of business and has a reputation as the French capital of gastronomy and a significant role in the history of cinema. Together with its suburbs and satellite towns, Lyon forms the second largest metropolitan area in France after Paris, with 1,783,400 inhabitants at the 2007 estimate, and approximately the 20th to 25th largest metropolitan area of Western Europe. Lyon is also the international headquarters of Interpol and EuroNews. At the crossroads of the mountains and the sea, this European metropolis benefits from a strategic geographical position equipped with an exceptional thoroughfare network (international airport, TGV station, highways).
Boasting an excellent downtown location in the 8th district of Lyon, in the Monplaisir quarter Residence La Cour Villon is a student residence conceived in a contemporary architectural style, offering 75 Fully furnished, tastefully decorated one and two-room apartments. Complete care has been taken to design accommodations that meet the demands of the modern tenant with their comfort and security in mind; some apartments even feature a terrace, providing additional space. Accommodations feature quality finishes and services in terms of both comfort and energy savings (double-glazed windows, sliding shutters, roller shutters, etc.) Residence La Cour Villon is ideally located in the heart of a large business and University centre, including Universities Lyon I, II and III, schools and hospitals. The development is only a short walking distance from Lyon III University and seconds from the tramway and metro station, where residents can reach the historical downtown area in just 5 minutes. Residence facilities include a lobby area with reception, laundry room and breakfast area.
The property offers a secure commercial lease that contractually guarantees a net yield of 4.56% paid net to investors. Regular repairs and maintenance costs of the units are at the charge of the management company as well as furniture renewal. The management company backing this project is the best in France who specializes in Business/Student residences. Modern architecture, quality amenities and a location in the heart of the very popular student quarter are the undeniable advantages of the "La Cour Villon" residence and guarantee long-lasting exploitation and real estate appreciation. In addition, Lyon boasts the second student population in France.
Guaranteed rental return for a minimum of 11 years
Apartments designed to a modern architecture style
Strategic location in a very popular student quarter
Second largest metropolitan area in France - Lyon
Capital of the Rhone-Alps region of France
Completion scheduled for 3rd QTR 2008
COUR VILLON
France, French Alps, Lyon
Studio 18m² to 29m² Euros 72,000 to Euros 127,000
One Bedroom 27m² to 34m² Euros 119,000 to Euros 142,000
Guaranteed Buy to Let - Leaseback
GUARANTEED RENTAL INCOME UP TO: 4.56%