This completely renovated and sunny 3rd floor flat boasts a fully equipped kitchen, huge lounge overlooking a peaceful courtyard, gleaming hardwood floors throughout, living room and bedroom fireplace, plus large bathroom with decadent Jacuzzi bathtub. Situated in a fabulous 6-story Pierre de Taille building with luxurious common areas, digicode entry security system, elevator, and concierge to compliment the comfort of the owners. Very Parisian, this gorgeous building has a red carpet lining the stairway with a seating area on each floor, keeping with traditions of the past.
Located in the Latin Quarter, this flat has a perfect location in the 5th district between the Pantheon and Luxembourg Garden, bordering the 6th district and Senate. A highly animated area with restaurants, shops and bars, not to mention the famous Rue Mouffetard on just the other side of the Pantheon, as well as the infamous Sorbonne University.
A great residential buy to let apartment in an exclusive location, it benefits from the substantial capital growth of the 5th district, which increased a remarkable 10% in 2006. In addition, the savvy investor will find high rental demand in this district spurred on by the desirable Sorbonne and Latin Quarter neighborhoods. Long term rental yield is +3,3%, even higher if rented short-term to the numerous tourists in this area, as we find an increasing number of vacationers prefer to feel at home in a rented furnished flat while paying less than in a hotel. In addition, the price per sqm in that area goes up to a healthy 11,000 euros.
PANTHEON
France, Paris / Ile de France, Paris 5eme
One Bedroom 55m? to 55m? ?583,000 to ?583,000
Classic - Buy to Let
EXPECTED RENTAL INCOME UP TO: 3.30%
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