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€328,109 EUR

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Ref 1512224 | Paris, Region Ile-de-france | Apartment

Currency services provided by Excel Currencies 328,109 EUR  |  Approx.£282,535 GBP  |  Approx. US$351,142 USD

Development targeted towards growing student market
Great returns available through leaseback structure
Large French development group
Personal usage includes two weeks in summer
Management company achieves 98% occupancy rates
Fantastic location in 13th arrondissement on Avenue de Choisy
100m from Porte du Choisy Metro station
Guaranteed returns up to 3.8%
VAT rebate available on purchase
Studio and 1 bedroom apartments

​Palatino is a brand new development in central Paris by the well-known French developer Terresens. Enjoying a fantastic location in the 13th arrondissement, this design-led new project is being created to accommodate the growing student population in this part of Paris. Both leaseback and classic ownership properties are available at Palatino, with the leaseback units providing fantastic guaranteed rental returns of up to 3.8% which are supported by increasing demand for student rental property.

Paris was recently voted as the best city in the world for students. The study by QS, a leading global career and education network, looked at everything from the quality of education to the affordability of the city. Over 17% of Paris' students are foreign based and the international demand commands an important part of this fluid market. Two of Paris' universities are also to receive a share of the €35.5 billion investment into the country's education infrastructure and other national services.

The location of Palantino offers great access to immediate facilities and transport links. The nearest metro station, Porte du Choisy, is just 100m away with many bus routes also close by, making all of Paris' universities extremely accessible. This brand new student residence will also enjoy close proximity to many shops, restaurants and cafés. International destinations are also accessible with direct rail links to London, Amsterdam, Brussels, as well as the second largest European airport, Paris Charles de Gaulle.

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