The Development
Type: From 1-bed to 3 bedroom apartment
Price: From €114,500 to €295,000
Delivery date: 1st quarter 2011
Buy to let Options
Expected yield: From 3.23% to 4.56%
Personal usage: None
Lease length: 6 years, renewable
The residence offers 41 apartments ranging from 1-bed to 3-bed lodgings with extensive terraces or balconies. The building is 4-storey high with some having loggias opened to the building court.
The contemporary residence offers all the calm and comfort needed. It offers several services: secured residence with entry phone, lift service, parking allocated, extensive balconies or terraces.
The residence is stone's through to the transport links (m away to new train station, bus is 20m away), close to schools and commerce. The shopping centre is only 200 m while the supermarket is 800 m away.
Perpignan is only 10 km from the beach and only 2 hours drive to Montpellier, Toulouse and Barcelona.
Total price incl.VAT and Parking allocated
1 bedroom apartment: From €114,500 to €132,500
2 bedroom apartment: From €161,000 to €219,000
3 bedroom apartment: €295,000 (84 sqm + terrace 40 sqm + 2 parking)
The Location
Perpignan City
Half Catalan, half French, Perpignan is Languedoc at its most exotic
The last major town in Languedoc before the Spanish border, it's easy to see why the flavour of Perpignan is essentially Catalan. There's a real mix of cultures in this corner of the region: Catalan, Romany and North African all co-exist in this sunny city of palm-lined squares. For the visitor, it's useful to know that this is not only one of the best places in the region to sample local food and wine but also a city with a relatively busy airport that has several handy air connections overseas. However, it does lack buzz - Barcelona is too close and too big a rival for little Perpignan to hit the big time. It's also worth noting that over recent years Perpignan has become a stronghold for Jean-Marie Le Pen's rightwing Front National Party who claim the city's original white inhabitants have been overrun by foreigners.
Some history
A former capital of the Kings of Majorca and the Counts of Roussillon, Perpignan changed hands repeatedly during the medieval period until finally becoming French territory with the Treaty of the Pyrenees of 1659. Always too far from the coast to become a port, the town developed into a cloth-making centre by the early middle ages. In more recent times, Perpignan became home to countless "pieds noirs" or French citizens who fled the uprisings of the 50s and 60s in North Africa. The town is now also home to sizeable communities of people from Morocco and Algeria who moved to France to escape repression in their home countries.
Access
By road:
From Narbonne: A9 Motorway exit Perpignan North (1st exit), then toward centre town
From Barcelona: A9 Motorway exit Perpignan South (1st exit), then toward Argeles and then centre town
From National roads:
From Canet in Roussillon: take highway to centre town
From Le Perthus: Take RN9 to "Le Boulou" and then ahead to centre town
From Argeles take the highway N114 to centre town
From Andorra: take the highway RN116 to centre town
By plane:
Direct flights from Perpignan:
Perpignan - - - Paris/orly
Perpignan - - - London / Stansted
Perpignan - - - Birmingham
Perpignan - - - Manchester
Perpignan - - - Southampton
Airport Perpignan-Rivesaltes: Avenue Maurice Bellonte, 66000 Perpignan
Airline Companies: Air France, Bmibaby, Flybe and Ryanair
By train:
SNCF Fast train from Perpignan