Fly to Let investors are waiting for details of the rental package being offered on seven apartments which have just been put up for sale in the old French town of Briancon which was recently awarded UNESCO status.
The Residence de Temple apartments range in size from 32.16m sq for a one bedroom apartment with cabin to 83.58m sq for the top floor apartment. Prices range from €185,000 – €455,000.
The properties will offer a ‘boutique’ style of living including reception and room service situated in a pretty square opposite Collégiale, one of the architect Vauban’s classic works.
Briancon is surrounded by skiing, cycling and spectacular walking territory. The town is as busy in the summer as in the winter months with 250kms of pistes in the Briancon/Serre Chevalier ski region as well as hosting high profile events including the Tour de France.
All of the seven apartments at the Residence de Temple have been restored with contemporary interiors using the warm ‘Provencal’ colours of the old town. All of the apartments have WiFi access, i-pod station and television.
In addition, the apartments benefit from having their own bar, restaurant and terrace ‘le Spirit’ on the ground floor facing the Collégiale. An on-site management team will ensure that the apartments will be maintained.
Briancon is accessible by air from all major UK airports to Turin, Lyon, Marseille and Grenoble.
Joanna Yellowlees Bound CEO of UK agents Erna Low Property said: “This really is a very special project in the heart of what has to be one of the most beautiful towns in Europe.
“This boutique development offers individuals or a single investor the opportunity to enjoy potentially excellent rental returns. With a minimum 50 percent occupancy, a one bedroom apartment costing €205,000 will expect to receive a return of over €22,000 pa – a healthy return of 6 percent. In addition with its newly appointed UNESCO status, Briancon will offer countless new opportunities for growth.’
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