Student Residence Academiades de Marseille Leaseback Purchase

posted by C Mahida on April 22, 2007 | More articles about: French Property, New Developments

A guaranteed buy-to-let opportunity not to be missed, Residence Academiades de Marseille lies at the heart of the Provence-Alpes-Cote d’Azur region’s capital city, on the French Mediterranean coast. An elegant student residence close to Marseille university campus and research institutes, Residence Academiades de Marseille offers students and/or professionals the perfect hassle free accommodation solution.

Newly launched, Residence Academiades de Marseille enjoys an excellent location close to metro, bus and major European train lines and has been designed to match the student accommodation needs of Marseille’s population of 45000 students. The second-largest city in France, its greatest asset is its Mediterranean location, countless beaches, islands and surrounding natural beauty make this city a draw for students and residents alike. City life offers a diverse mix of ancient traditions and modern day culture, learning and commerce sit side by side as Marseille remains France’s most important commercial port.

University of Marseille The three Universities of Aix-Marseille, have an established reputation as one of the oldest universities in France. Combined, they welcome over 70,000 students per year, 10% of whom are foreign students who visit annually to learn French. Home today, to one of France’s largest law schools, over the years it has welcomed many prominent government leaders who studied at the university’s Institute of Political Studies.

Offering prime studio units to 2 bedroom apartments, Residence Academiades de Marseille will comprise beautifully furnished apartments, catering to modern student and/or professional’s needs. The residence offers secure parking and tenants enjoy easy access to pharmacies, supermarkets and sporting facilities nearby. Completion is set for the 1st quater of 2009.

Marseille University Backed by France’s leading student resident manager, investors can rest assured that their property investment is strategically placed to target a specific rental population and its particular housing needs. These factors together with guaranteed tenancy combine to offer a solid ‘hands free’ investment with strong capital appreciation potential. As part of France’s successful leaseback scheme investors will benefit from the full VAT rebate of 19.6% of the total sale price and a guaranteed rental income of up to 4.00% for the life of the commercial lease.