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Key selling points
- Located in new urban area near Montpellier centre
- Minimum 11 year commercial lease backing project
- Guaranteed rental return up to 4.6% paid net
- Secondary insurance for non payment of rent: 100% guaranteed!
- Excellent transportation access
- Completion set for the 3rd QTR of 2009
Located 15 km from Montpellier in Vendargues in the south of France, discover this new build student residence. Montpellier is the capital of the Languedoc-Roussillon region, as well as the administrative capital of the HĂ©rault dĂ©partement. 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. Â
Why investing in Montpellier and its surroundings?
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- The Herault department (where Montpellier is) is the second most dynamic department of France.
- Montpellier is the 3rd main city in term 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 term 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
Please take advantage of this exclusive preview and reserve prime units in advance...
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