Canny Irish investors have long been au fait with Pierre & Vacances. Established over 40 years ago and listed on the French Stock Exchange, P&V has something to suit everyone.
With P&V leaseback, punters are exempt from VAT, while enjoying hefty rental yields. And in addition to offering guaranteed rent, the company also maintains property free of charge throughout the leaseback period. So: win win, all the way.
Now P&V has a one-off investment opportunity in one of Europe's largest business districts, Paris La Defense. The freehold, fully furnished apartments currently up for grabs are in Business District Central, and offer endless capital growth potential.
From here you're just seven minutes from Les Champs Elysee and the Arc de Triomphe by subway, and half an hour from the Gare de Lyon.
The development comprises 92 apartment units, all with kitchenette, air-conditioning, satellite TV and WiFi access. Other attractions include a bar, restaurant and meeting room facilities. There are 95-100pc mortgages available from a Dublin-based mortgage provider. Furthermore, the scheme also features an attractive nine-year leaseback agreement.
Then there's the business of no maintenance or management fees, no insurance, and VAT financed by P&V. Nice one.
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