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Type: Town Apartment Year Built: 1995 Status: For sale Price for sale (euro): 54,222 SQ (m2): 0 Bedrooms: ----- Bathrooms: WCs: 0 Weekly Letting Price (euro): Contact Tel: Contact email: click here Town: Montpellier Region: Languedoc-Roussillon Post Code: Features: Water connected Electricity connected Telephone Cable TV Parking Exceptional opportunity for the international buy-to-let investor to purchase high yielding tenanted residential property at St Gilles, near to Montpellier and Nimes in the Languedoc region of Southern France. With tenants already in place together with a full management service an immediate income stream is generated providing gross yields of up to 5.6%. The small town of St Gilles has around 12,000 inhabitants and lies 20km to the south of Nimes with its international airport and major railway network. Prices in this area still remain very low but increasing strong residential rental demand and an increase in tourist investment in this area prices are expected to rise dramatically providing investors with strong potential capital appreciaition. "Les Hauts d Espeyran" development is three minutes from the town centre of St Gilles and consists of three low rise buildings of eight apartments each, ranging from studios through to larger four bedroom duplex apartments. Constructed in 1995 each apartment comes with balcony, cellar and either parking space or garage. Example: lot C59 2 bedroom (T3), 66m2, first floor, garage, priced at €93,777, annual rent €5280 producing a gross yield of 5.6%. This property is already tenanted, providing an instant income stream from day one with full management service available and optional landlords insurance to safeguard against potential void periods. Please enquire for full details. With euro interest rates at around 3.5% and personal deposits of around 22% these prove to be self financing with a 20 year repayment mortgage - thus owning the property outright !! -Freehold -Rental Yields up to 5.6% -Euro mortgage rates 3.5% -Full Management Service -Landlords Insurance -Local rates approximately €300 pa for 2 bedroom For a full financial breakdown and to check availabilty please contatct us without delay as such a strong investment opportunity as this is expected to sell extrememly quickly. Send to a Friend:  Send to a Friend-Click Here