Project
ProjectCannes - Résidence le Six
Property Type : Studio to 1bed
Number or apartments : 93
Prices : from 137.659€ Excl. VAT (incl. parking) Fully equiped Kitchen
Guaranteed Annual Rental Income : 4.25%
Delivery date : Spring 2013
Ideally located near the most important Congress City in France with Paris, the residence will be made of 93 studio and 1bed apartments loaded with high end furniture, fully equipped kitchen, wifi… in other word everything to satisfy a business clientele.
La résidence ‘‘Le Six’’will be located in Cannes – Le Cannet
only ten minutes away from the famous Croisette and the film Festival Palace
This kind of residences has been developed to meet the requirements of 200 congress and exhibition centres, 650 daily TGV, national and international airports…. Combined to those facts, the important customer loyalty contributes in ensuring a high occupancy rate in Business Tourism Residences. The main clientele of this kind of residence is made of business executives, consultant, directors and usual tourists looking for an alternative to more classic accommodations for either long medium or short stays.
PACK FINANCIER
YIELD
4,25 % + 1 weekend ‘‘escapade’’
PACK LOISIR
YIELD
3,75 %
+ 2 weeks usage
(excl. school holiday periods)
PACK loisir +
YIELD
3,65 %
+ 3 weeks usage
(incl. 1 week possible during school holiday periods)
The gross yield is calculated on the price of the apartment excl. VAT
STUDIO (21.38 sq)
+ balcony (5,73 SQ )
from €137.659 excl. VAT (incl. parking)
Example:
For a €164.640 VAT studio
> 19.6% VAT rebate on the excl. VAT
price: €26.981
> G uaranteed annual rental return:
€5.043
Example at 85% financing:
Property purchase price 141,000€ Incl. VAT, amount to finance: 164,014€
Interest rate available
4.05% - 30 years
Monthly rental return
664€/month*
Your property from
194€/month (shortfall)*
Total cash down
9329€
(*) Pending bank approval*
100% finance for the property purchase price on a repayment basis*
80% finance of the purchase price on an interest only basis*
Finance options are available through athenamortgages.com who will match your profile and loan requirements to the appropriate French bank. Tp find out how much you can borrow in France and the different loan options available to you, a quick call with a consultant will reveal all.
Paris: A6 Lyon - Marseille, A8 Cannes exit 42 Cannes-centre / Le Cannet (909 km, 8 h 15)
Lyon: A7 Marseille, A8 Cannes exit 42 Cannes-centre / Le Cannet (447 km, 4 h)
Marseille: A50 Nice, A8 Cannes exit 42 Cannes-centre / Le Cannet (179 km, 1 h 45)
Nice: A8 Cannes exit 42 Cannes-centre / Le Cannet (32 km, 30 min)
Nice: 30 min (34 km)
Antibes: 15 min (12 km)
Cannes (à 10 min du Cannet) (4,5 km)
Nice: 25 min (26 km), 2nd international business airports
Cannes-Mandelieu: 10 min (12 km), 2nd France business airport connected to 91 major cities
Supported by a blue ribbon panel, they work on getting certifications and seal of approval as well as developing their own “ideal” label. it will gather the most important points of the previous labels and this within a global approach to be implemented through the whole process from the design to the commercialization of the residence.
The company “Idéal” aims to improve the environmental quality & the buildings
management
The Eco Rating integrates the* most demanding standards of the market to offer a “greener” real estate.
the gathered 6 study fields and 30 implementation criteria:
architecture, wellness and health, building site, water management, Energies management
A minimum rate is demanded to get the agreement of each real estate development.
The final rating is determined after a meeting with the different people of the project, the contracting authorities, architects; author of the working plan…
After this study, the project is scored out of 150.
Ecological Rating: 107
IRISIUM is specialized in developing high-class tourism accommodations, especially in the South-
East of France.
The strong involvement into delivering high-quality products is demonstrated by the research of
privileged emplacements, by the care in the architectural conception and the choices of building
materials.
www.dpmg-immobilier.com
Since its creation in 1994, the group Nemea has constantly been growing to become today one of the largest
management company in France.
The group masteries entirely the market thanks to its 4 brands specialized in the management of Tourism
Résidences (NEMEA), Hotel accommodations in city centers (NEMEA APPART’HOTEL), students Residences
(NEMEA APPART’ETUD) and a travel agency (NEMEA VACANCES).
Today group’s facts guarantee the client a strong, secure and profitable investment:
> 100% of the capital is owned by its managing directors
> Know-how
> Already manager of 50 Tourism Residences
> A strong financial independence
www.nemea.fr
For more information please contact cvionnet@corinne-properties.com