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L'Orangerie is the business in Montpellier



NEW to the market this week is L'Orangerie, a scheme of 147 apartments in the heart of Montpellier in France.

Laid out in a contemporary three-storey building, L'Orangerie is close to the commercial centre of Montpellier.

On a tree-lined boulevard, this new development, currently selling from plans, is being aimed at the investor market in Ireland.

Designed for short to medium-stay accommodation, apartments here will suit both the leisure and business traveller.

Altogether there are 125 studios, 20 one-bed apartments, and two two-bed apartments. Apartments come fully furnished and ready to go, and include air conditioning and indoor parking. The building has 24-hour reception, a business centre, breakfast service, and cleaning and linen services.

Prices start from /117,000 for a studio, with one-beds from /148,000. A leaseback scheme with a guaranteed annual index-linked income of 4.95%, apartments at L'Orangerie must be leased out for the first 11 years.

Further information from selling agent Colliers Jackson Stops 01-633 3700.




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