Proudly presenting the most exciting Leaseback opportunity this year: developer advanced VAT, double guarantee via commercial lease & insured rental income and location, location, location!! Located 15 km from Montpellier in Vendargues in the South of France, discover this new build student/business residence. Montpellier is the capital of the Languedoc-Roussillon region, as well as the administrative capital of Herault, one of the most well-known and successful of French departments located in this region. As of February 2004 estimates, the population of the city of Montpellier reached 244,700 inhabitants, meaning a 1.7% population growth per year between 1999 and 2004. The estimated population of the metropolitan area is 531,000 inhabitants in 2007. This is a very rare opportunity to invest in a new build property so close to Montpellier. 

There are a myriad of reasons to invest in Montpellier and its surroundings:
 
- The Herault department (where Montpellier is) is the second most dynamic department of France.
- Montpellier is the 3rd main city in terms of population in the Mediterranean cost (After Nice and Marseille).
- 400 000 people live there – 1000 people settle down to Montpellier every month
- The forecast in terms of population for Montpellier and its surroundings is 600 000 inhabitants for 2015.
- The employment rate increased considerably since the beginning of the 90's
- 32 000 Companies have set up their headquarters in Montpellier
- 60 000 students in the 3 main universities of Montpellier
- TGV brings you to Paris in less than 4 hours and to Marseille in less than 1.30 min.
- International airport with more than 60 destinations + 14 flights per day to go to Paris.
- Tramway lines (+ 1 extra one under construction) + excellent bus routes in the city centre
- 2/3rd of the inhabitants are renters

An established management company specializing in student/business residences will back this project and reinforce the security of your investment. The management company will contractually guarantee rental payment through a legally binding commercial lease. In addition to this secure and very sound guarantee, owners may take comfort in knowing that their investment is insured as well. On top of the lease, one of the world's largest insurance groups will guarantee rental income over the initial 9 year (renewable) period of the commercial lease contract.

Realistic pricing for the area and hassle free maintenance make for an appealing investment venture. With up to 4.6% guaranteed rental income and an immediate 19.6% tax break, this investment cannot be missed. France is one of the strongest outlets for foreign direct investment and among the worlds top investment destinations - the perfect reason to choose Leaseback. Please take advantage of this exclusive preview and reserve prime units in advance

Price in Euros from 70,600