Quiet Duplex Apartment, Toulouse-Blagnac

Property Description

Introduction:

Duplex Apartment located in a residential area of Toulouse (Blagnac, 31700), in a secured and modern residence.

Blagnac is the city where Toulouse airport is located. It is home to the main Aerospace hub in Europe.
It is conveniently located in vicinity of the Pyrenees ski resorts (1hr drive), the Mediterranean coast (1hr & 45mn drive), and the Atlantic coast (3 hrs drive).

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Note for investors:
Toulouse is the second fastest growing real estate market in France after Lyon. Over the past few years, its has experienced about 6% yearly growth.
Several key factors:
1) a very pleasant south-west climate region (warm and sunny),

2) a nice environment and many cultural attractions,


3) high density of universities and high tech companies,

4) strongly fueled by to the continuous expansion of AIRBUS and of its wider ecosystem of multiple Aerospace suppliers.

Please refer to the following (google translated) weblinks for more information:

https://translate.google.fr/translate?hl=en&tab=wT1&sl=auto&tl=en&u=https%3A%2F%2Fblog-immobilier-toulouse.fr%2Fairbus-attractivite-economique-immobilier-toulouse%2F

https://translate.google.fr/translate?hl=en&tab=wT1&sl=auto&tl=en&u=https%3A%2F%2Fedito.seloger.com%2Factualites%2Fbarometre-lpi-seloger%2Ftoulouse-le-prix-immobilier-est-en-hausse-de-65-sur-1-article-33981.html

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Location and surroundings:
Google street map: https://goo.gl/maps/X9gAJmq7PSjv4iJB9

The residence is a five minutes walk to the nearest Tramway station stop (Andromede High School stop) in Blagnac.

The Tramway connects to Toulouse airport, to Toulouse city center, and is 10 minutes away from the main campus of Airbus, and several other major major high tech companies.

Close vicinity of the Garonne river parks and nature, sports and leisure facilities. Several convenience stores are available around the residence, as well as the main shopping mall of Blagnac.

It is a convenient place to live for professionals of the Aerospace campus who wish to stay away from the heavy Toulouse traffic, and who seek a quality environment.

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Description of the apartment:

The Apartment is located on the highest floor (4th) of the Residence, with a lift. It is very quiet, has unobstructed views, and is facing the "Andromede" sports grounds.

(i) On the main (third) floor:
Entrance through a private terrace + main living room is 42 sqm large + a fully equipped kitchen + 1 guest water closet + 1 large terrace of 18 sqm facing south/west.

(ii) On the upper (fourth) floor:
Two bedrooms + 1 study room space + 1 bathroom (large shower) + 1 water closet.

(iii) Other characteristics:
floor radiant heat/cooling heat pump system + all window blinds are motorized.

(iv) Parking and cellar:
two (x2) underground secured car park places + one underground cellar.

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Rent potential:
In Blagnac, demand significantly exceeds supply for apartment rentals.
This is exacerbated by the continuous expansion of AIRBUS, and steady influx of white collar Aerospace jobs.

This apartment can be rented non-furnished for about 1,000 Euros per month (including a provision for charges).
If however rented as a furnished apartment, rent potential and ROI further improve.
With for example the possibility to rent it to the numerous Aerospace companies (such as Airbus UK) who need to accommodate some of their rotating engineers for mid-term missions in Toulouse.