Property developer Capelli has announced the start of construction in June of a new residence called 'Le Flore', located at the entrance to Saint-Germain-au-Mont-d'Or, in the west of the Lyon urban area.

Comprising 42 homes, including 37 apartments (2- to 5-room) and five villas, this contemporary luxury residence will be built on a 7,000 m2 plot, and represents total sales for Capelli of 10.5 million euros (excl. VAT).

Completion of the program is secured by a block sale of 31 units to in'li Aura, a company dedicated to intermediate housing in the region. The residence will also include nine BRS (bail réel solidaire) units.

Copyright (c) 2023 CercleFinance.com. All rights reserved.