This Business Leaseback development located in the famous business district of ?La Defense? near Paris comprises 86 fully furnished studios to 2-bedroom apartments.

The residence:
La Defense Esplanade is a tourist residence built in the 1980?s. The apartments have been designed for long and mid-length stays and with all the advantages of a quality hotel service. It is composed of 86 apartments in one 9-level building. From studios to 2 bedrooms (28 to 53 sqm) the apartments offer a guaranteed comfort. The apartments are fully equipped and freely accessible at all times.

The Residence offers:
Hotel services such as Breakfast room, Left luggage, safe available at reception, Dry Cleaning / Ironing, Internet access and indor public parking

The Accommodation:
Fully equipped kitchen, Living room, office, cooled air, bathroom with either bath or shower as well as a hairdryer, 4-star electronic equipment (Wi-Fi, flat screen TV)

The location:
Located at just 20 minutes from the centre of Paris, in the Hauts-de-Seine department (92), La Defense is the largest business district in Europe, in term of surface area. The residence is situated in the Michelet building and is well-served by the metro line 1, the RER A line (Regional Express network) and bus lines allowing access to the heart of the capital, underground car parks. The renovated ?Quatre Temps? shopping centre, restaurants and cinemas and the CNIT are close by.

The Investment:
High rental demand - 4% yield - rent paid quarterly - VAT Cash Back - Index linked income every 3 years based on the Construction index - Tax efficient investment vehicle - Amortization on 30 years basis available for income tax purpose - Mortgage interest deductible from income return

Access:
Orly Airport can be reached in 30mins, Paris Eurostar in 20mins.

• Region: View All "Ile de France Apartments"
• Country: View All "France Apartments"
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