Rental investment in a tourist residence (LMNP status).
Building: Co-ownership regulations of 15.09.2005.
Tourist residence, under commercial lease until 18.03.2025.
Address: Résidence Appartcity Confort Ovalie 1, 105 rue Gilles Martinet, 34070 Montpellier.
Type: Furnished T1 apartment of 22.35m² comprising: kitchenette, living room with cupboard, bathroom with toilet.
Floor: 1st.
Exposure: South.
Surface area of Carrez: 22.35m².
Annual rent excluding VAT: 2,703.24 Euros.
Profitability: 4.9%.
Property manager: APPART CITY.
Description: With its location close to the motorways and a 10-minute drive from the city centre, the Appart City Montpellier residence is the ideal choice for a tourist or business trip.
Building subject to the status of co-ownership.
Condominium fees: 0 Euros / year (100% paid by the tenant).
Property tax: 596.75 Euros / year.
Number of lots: 112 main residential lots.
Selling price agency fees included: 55,000 Euros.