3 Magnificent Buy-to-let developments in Paris – 2 are build complete, 1 is off plan.

‘’Luxury property prices are rising faster in Paris than anywhere else in the world. The value of apartments and houses in the French capital rose 22 per cent over the past twelve months research from Knight Frank estate agency shows. Hong Kong, Helsinki, Shanghai and Beijing were the other top five risers. Capital appreciation in Paris has rose over 44.1% in the last 5 years’’

‘’Limited supply is a key feature of the Paris housing market – strict planning controls makes building brand new homes in the sought-after central Paris well nigh impossible, so refurbishing existing properties is the key source of supply for the city’s luxury housing market’’

This is a real standout opportunity and is reflected in that we currently have mortgage offers in place already after just 2 weeks of being released with clients. We have been getting decision in principles from the Banks within 7 – 10 days of file submission. We are expecting to do 8 mortgage deeds this month and 11 next month from client go-aheads so far, a far cry from many markets at the moment…….a very popular quick process here. Where the total process takes around 6-10 weeks max.

We have limited units of each development, so please contact me asap in order to secure one of these excellent 100% finance opportunities.

Two developments are build complete and offer the following:

• 2 bed apartments priced between €170,000 – €380,000.
• 15% supported deposit/equity provided, 85% Loan to Value mortgages
• All closing costs, fees and taxes covered/paid.
• 2 years mortgage paid by us for piece of mind. There will be a rental agreement in place for when your property goes to deeds, and will cover as per attached.
• Full management team in place to manage and rent out. They have been established over 20 years.
• Low entry cost of £1,650 per unit in regards to commitment fee only – excellent in regards to one of the world’s best and visited capitals.

2 year off plan.

• Two bed and 3 bed apartments priced approx €400,000.
• 15% supported deposit/equity provided, 85% Loan to Value mortgages.
• All closing costs, fees and taxes covered/paid.
• Full management team in place to manage and rent out.
• Interest paid on loan for the 2 year construction period.
• Mortgage paid post completion for 2 years.
• Expected 20% appreciation during construction period so hold or look to sell.
• Low entry cost of £1,650 per unit – same as above.

Excellent exit strategy re the developer and management company having re-sale departments. Average selling time of 43 days to sell a property. They have been established for 20 years as mentioned above.

Our Team are on hand to see if you can fit with the banks criteria so you know if you can move forward or not.

• Should you be able and then wish to proceed we will put your file info the bank for approval , then once the bank give us approval and an indication of how much they will lend you, we will then put you on a unit/plot that fits your lending profile(with your agreement) So its a win win situation.

As you know buy-to-lets in London would cost you £40,000 – £80,000+ per property with the closing costs and deposits needed – not the case here, proving our Paris Investment deal to be an excellent opportunity all round and not to be missed.