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Property in France

This property in France has been identified by Property Uncovered as being an exceptional investment opportunity due to its up-and-coming area and its stunning prices.

CASTEL D'AZUR - NICE

CONTROL PANEL

City: Nice Prices from: € 126,000 Completion: December 2008 Local mortgage: available LTV: 80% Total units: 92 Available units: 31

Under market value: 15% Expected capital growth: 12% pa Letting agent: dedicated local agent Expected rental yield: 7% gross Currency: Euro Advised exit strategy: mid-term Main feature: Next to the future tram station

OVERVIEW

Red tiled roofs, classic columns and attractive moulding are some of the fine architectural touches that add elegance to this five-storey development, which is part of the project for renovating this whole neighbourhood. It is ideally situated just a couple of steps from St Roch in Nice. There are green spaces located over the underground car park and directly in front of the ground floor apartments.

THE AREA

Castel d'Azur is a great choice for quiet and peaceful living on the Côte d’Azur, while also being with easy reach of the city and its beautiful beaches, shops and restaurants and lively nightlife.

There is something going on nearby all year round, including several music festivals. Close to the St Roch neighbourhood are libraries, schools, the Palais d'Expositions, the Arènes de Cimiez, as well as a stadium and swimming pools.

WHY INVEST IN THE CASTLE D'AZUR RESIDENCE?

- Amazing prices: only 3,000 Eur / sqm, cheaper by 15% compared to any other developments in the area

- Superb location:
  . 2 minutes walking distance to the future tramway station with direct access to the centre of Nice. The tramway will be operating from November 2007.
  . 2 minutes walking distance to the main local supermaket (Leclerc).
  . 5 minutes drive to the "Provencale", the motorway between Italy / Monaco / Nice / Montpellier / Narbonne / Spain

- The builder is owned by BNP Paribas, the biggest bank in France

LOCATION

ADDRESS: CASTEL D'AZUR, 176 ROUTE DE TURIN, 06300 NICE FRANCE

You can also find more information on property for sale in France by following the link.

PICTURES OF CASTLE D'AZUR

CHOOSE YOUR APARTMENT

Type Availabilities Useful surface Price (in Euro) excl. parking space* 2 rooms 10 From 35.6 sqm to 52.4 sqm From 126,000 to 183,000  2 / 3 rooms 2 From 53.6 sqm to 58.4 sqm From 189,100 to 194,800  3 rooms 15 From 50.3 sqm to 64.8 sqm From 168,000 to 223,400  3 / 4 rooms 3 From 75.0 sqm to 76.7 sqm From 228,000 to 256,000  * Outdoor parking space: 7,500 Euros    Indoor parking space: 13,900 Euros

Ap. number	Number of Rooms	Useful Surface	Sketches	Price (in Euro)
B503	2 rooms 5th floor	49.0 sqm		171 000
B303	2 rooms 3rd floor	49.0 sqm		165 000
C104	2 rooms 1st floor	40.5 sqm	Sold	145 000
B203	2 rooms 2nd floor	49.0 sqm		163 500
C106	2 rooms 1st floor	35.6 sqm		126 000
C404	2 rooms 4th floor	52.4 sqm		165 700
C504	2 rooms 5th floor	52.4 sqm		170 500
C204	2 rooms 2nd floor	52.4 sqm		165 000
B605	2 rooms 6th floor	44.1 sqm	Sold	155 900
C603	2 rooms 6th floor	51.0 sqm	Sold	183 000
B603	2 / 3 rooms 6th floor	58.4 sqm	Sold	194 800
B604	2 / 3 rooms 6th floor	53.6 sqm	Sold	189 100
B001	3 rooms Ground floor	61.6 sqm		186 700
B204	3 rooms 2nd floor	62.2 sqm		206 100
B301	3 rooms 3rd floor	61.2 sqm		197 700
B405	3 rooms 4th floor	64.8 sqm		189 500
B602	3 rooms 6th floor	62.1 sqm	Sold	211 100
B101	3 rooms 1st floor	60.8 sqm		170 900
B504	3 rooms 5th floor	62.2 sqm		208 500
B501	3 rooms 5th floor	61.2 sqm		207 000
B401	3 rooms 4th floor	61.2 sqm		202 000
C503	3 rooms 5th floor	58.6 sqm		193 100
C502	3 rooms 5th floor	56.6 sqm		176 100
C303	3 rooms 3rd floor	58.6 sqm		168 000
B607	3 rooms 6th floor	64.8 sqm	Sold	223 400
C604	3 rooms 6th floor	50.3 sqm	Sold	174 200
C602	3 rooms 6th floor	56.6 sqm	Sold	192 100
B302	3 / 4 rooms 3rd floor	76.7 sqm		228 000
B502	3 / 4 rooms 5th floor	76.7 sqm	Sold	234 100
C605	3 / 4 rooms 6th floor	75.0 sqm	Sold	256 000

PAYMENT SCHEDULE

Action	Payment	Date
Signature of the pre-contract	35%	September 2007
Groundwork + Ground to third-floor structure	20%	October 2007
Finishing of the 3rd floor base	10%	November 2007
Ceiling laid	5%	May 2008
50% of the walls completed	10%	July 2008
50% of the tile work completed	10%	September 2008
Completion of the building	5%	November 2008
Handing over the keys	5%	December 2008

Important! Due to the small number of apartments in the development, please express your interest as soon as possible to Property Uncovered.

ENQUIRY

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Name   *         E-mail   *           Town   *         Country   *         Phone   *         Investment Level   -------Please Choose------- 10,000 - 30,000 Euro 30,000 - 50,000 Euro 50,000 - 100,000 Euro 100,000 - 200,000 Euro 200,000 - 500,000 Euro More than 500,000 Euro         Please detail your query using the box below:

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