Type of Purchase: Leaseback

Location: Centre of Grenoble

Type of property: Studio - 3 bedroom apartments set in a stately, traditional mansion building

Prices from: 109,912 - 327,584 euros inc vat

VAT reimbursed: 19.6%

Yield:4.1 - 4.5%

Lease Length: 9 years

Apartment sizes: 18.72 - 56.26m2

Delivery Date: 31st October 2008

Occupation: None, pure investment

The development is located in the Quartier de Bonne, one of the central districts of Grenoble. The area is a thriving mix of businesses, shops, leisure facilities, residential housing, and urban green spaces. This collection of apartments is located in front of a large 5 hectare landscaped park with fountains and tree lined walks. The development has been designed to integrate into it's stately surroundings, with an imposing mansion feel, large windows, columns and classic georgian style rendering.

The apartments are aimed at short, mid and long term lets from either the business community or tourists.

There is a welcoming reception with assistance for the duration of the stay, multimedia facilities, housekeeping service, a breakfast room and fitness suite.

The apartments will have card entry doors, tiled and parquet flooring, built in wardrobes and storage and will have fully equipped kitchens and bathrooms.

Grenoble is known as the capital of the French Alps. It's also known as the city with a mountain at the end of every street. Although Grenoble is surrounded by mountains, the city itself lies flat in a valley, centered on the two rivers flowing through it. The contrast with the urban architecture and the natural wonders around it is striking. The city has managed to preserve vestiges of two thousand years of history whilst evolving into a leader at the forefront of technology and becoming a contemporary city with a vast heritage of art and culture; its many students are busy building towards its future, on cultural foundations that date back over two millennia.

Grenoble airport (serived by Ryanair and easyjet) is 25 mins away
A fast-train from Paris to Grenoble takes about 4 hours (via Lyon)
The local tramway is 2 mins walk away from the residence

Advertiser contact details
Name: Your French Property
Email: Contact the Advertiser
Ad Ref: 106780