A new business leaseback arrived on the market this month. It is located in the 8th quarter of Marseille which is also called Prado business quarter.

It comprises 69 apartments from studio to 2 bedrooms.
The building will offer spa, sauna, breakfast room, reception with sitting room laundery and linen room.
It is build by a major French developer and is due to be delivered on the 3rd quarter 2010.

Pack investment:
Guaranteed income with returns on your investment of 4.85% before tax, on the property price before tx (excluding garage and furnitures). This pack provides you with the benefits from guaranteed incomes and taxes saving.

This development will allow you to get the French VAT back (19.6% of the property price).

Marseille in figures:
- An international airport, one of the busiest in the South of France
- A surface area of 240km2 including 100km2 of parks and gardens
- 57km of coast including 24km of coves
- The 2nd largest national public research centrein the country with over 3000 researchers and 300 laboratories
- Over 200000 congree participants welcomed per year.

Expenses:
Co-ownership charges: €15 tax included/m2/year
Land tax: 1 bedroom apartments €380 / 2 bedroom apartments €660 -30% on the first two years

For more information contact Sextant Properties on 020 7428 4910 or info@sextantproperties.com