Full Description

The Development
Type: from Studios to 2 bedroom apartments
Price: from € 63,000 to € 139,000 excl.VAT
Yield: up to 5.5%
Personal usage: No
Lease length: 11 years and 11 months
Delivery date: June 2009

The development is a 3 star residence offering the high quality management and services meeting its clienteles demand. It is located in Mutzig city, in the Alsace Region; that is just 30 km away from the known financial city of Strasbourg.

The residence is built in the center town of Mutzig as well as in the center of the business and tourist gathering in order to meet the business and tourist accommodation massive demands. It offers four main characteristics in terms of tranquility, accessibility, being practical and comfortable.

The services, equipments and performances are prepared for the comfort and well-being of its occupiers.

The Location
The residence is in the Mutzig city in the Alsace Region which is one of the 26 regions of France, located on the eastern border of France, on the west bank of the Upper Rhine, adjacent to Germany and Switzerland. Its capital and largest city is Strasbourg. Alsace, previously a part of the Holy Roman Empire, changed hands between France and Germany several times between the 17th and 20th centuries. Although it was a German dialect-speaking region for several periods in its history, every Alsatian today speaks French. About 25% of the local population is fluent in Alsatian (as a mother tongue) or German (as a second language). In the course of the 17th century, the entirety of Alsace was gradually annexed under King Louis XIV of France and made one of the provinces of France. Alsace is frequently mentioned in conjunction with Lorraine, because possession of these two regions has been often contested in 19th and 20th century history, following a division among the successors of Charlemagne in the 9th century.


Access
By road:
Motorway A4 Paris-Strasbourg is about 4 hours.

By train:
From Paris to Strasbourg is 4 to 5 hours

By plane:
Airport:
Frankfort airport and Strasbourg airport
Direct flights from Paris (1 hour) and many European cities to Strasbourg and Basel-Mulhouse-Freiburg airports.