English
FrançaisHi,
i'm thinking about paying a 5% deposit on a unit which has came back on the market in a development in Mulhouse, Alsace.
1 bed studio 25msq - E98k total inc parking, furniture and vat - yield of 5.47%
i'm now just a bit unsure that it may be overpriced ?
any feedback greatly welcome
thanks
John
Ok thanks for input Seamus - much appreciated
just one point though - if the main french lenders are prepared to lend on a particular development, is it reasonable to assume that they rekon the purchase price is fair in relation to it's open market value ?