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Grand, sometimes austere, sometimes fast paced and exciting, Lyon is the second largest city in France and as such represents many things to many people. It has its beautiful parts – what better place to build a city than at the confluence of two of France’s most graceful rivers, the Rhône and the Saône – and its history stretches back to Roman times, but France’s second city is best loved for the here and now: for food, fashion and culture. In addition to its Renaissance architecture, Lyon has a thriving arts scene, a fine opera house, a world famous university, a slew of museums and monuments, superb shopping and, best of all, some of the country’s true gourmet tables.
This new development of 24 premium apartments is located in the 8th arrondisment, the fastest growing and upcoming area in the city. Only a few minutes walk from a popular square and facing the Institute of Dance, this new development is also ideally placed in the centre of a triangle of leading medical institutes; the main Lyon hospital, a private clinic and the medical faculty of the University.
The apartments are set over 4 floors in a modern building; with large balconies or terraces many of these apartments have great views and sunny aspects. The living areas are vast with beautiful bedrooms with fitted wardrobes and cupboards. The floors are tiled throughout apart from the bedrooms which have parquet floors. There electric roller blinds, the bathrooms have specially designed made to measure furniture and the apartments are all finished to a very high standard.Â
The entrance to the apartments is grand with polished stone features and lifts to all floors as well as the private underground parking.Â
The remaining apartments range from 1 – 4 bedrooms and measure from between 55.45m2 – 137.96m2. The prices inc vat fall between 170,500 – 519,000. The development will be completed at the end of 2009.
There are several options for people purchasing buy to let properties, these are as follows:
1.Buy the property and use the mandate to let the property out (there is rarely personal occupation available as they are let out as residential lets, however holiday homes in seasonal areas may offer occupation). There is no need for the owner to furnish the property.
2.Buy the property, furnish it and ask a local agency to let it out as a seasonal let. This allows the owner to earn an income and also go on holiday there when they wish. There are no rental guarantees for this option; however the rental yield may be greater than approximated by the first option if renting at key peak times.
3.Buy the property and live in it and do what they want with it, but not have a rental yield. However if you buy an off plan ‘buy-to-Let’ property, this is often cheaper than buying a single property sold on the private market.
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