Les Théorèmes is a stunning new 3* leaseback development situated in the heart of Lyon - 9th district.
The development will comprise of 107 fully fitted & furnished apartments ranging from studio to 1-bed unit to cater for the large student population in the area. Lyon is the 2nd largest university town in France with over 100,000 students attending the 4 main universities and specialised graduate schools. Higher education in Lyon is recognized the world over for its quality and expertise in health, chemicals, engineering, information technology, law and social sciences.
On completion, the turnkey development will be supported by a 9-year guaranteed lease agreement provided by a very well established management company with nearly 70 years of experience in the Lyon property management market.
This contemporary development style will blend perfectly with the modern construction undertaken in surrounding area in recent years.
Lyon – the city; is the largest economic centre in France outside of Paris. The city has seen considerable expansion in recent years from both economic & construction points of view. In the 9th district alone (where this development is situated) 3,000 new lodgings and 13,000mē of commercial & service activities have been created in the last 3 years. Ongoing infrastructural improvement will ensure this expansion continues in the city over the coming period with the introduction of an additional tram line by 2009 and ongoing improvements to the TGV train line.
An additional attraction with Lyon is its convenience. Within 2 hours you can be on the slopes of the Alps or relaxing on the beaches of the Mediterranean - such accessibility has very positive benefits on the local economy.
For all connoisseurs of French wine, two of France’s best known wine growing regions are located near Lyon: the Beaujolais to the north, and the Côtes du Rhône to the South.
** Capital Appreciation has been very strong in Lyon and indeed the 9th arrondissement in recent years. The average cost per mē increased by 16% last year in Lyon as a whole while the 9th alone saw a 15% rise. (Source: Notaires de Paris)
As this development qualifies for Leaseback status all investors will benefit from a 19.6% lump sum VAT refund as well as the generous ongoing tax allowances also provided under this scheme.
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