Investment property in a professional residence with an annual income of €4615.84 and a return of 4.52% in Antibes, Alpes-Maritimes, Provence-Côte d'Azur
€102,000 [convert]

Property Description

29m² studio style apartment, situated on the fourth floor, comprising of an entrance hall, a living room with kitchenette and storage cupboard, and a bathroom with toilet.

Situated in the ‘'Zen'Etudes Le Maestria'' residence, close to student campuses, this fully equipped studio marries comfort with modernity. The ‘'Zen'Etudes Le Maestria'' residence offers a wide range of services, including a fitness centre, a hammam and sauna, an exterior swimming pool, and an exterior parking space. The residence is 7km from the Antibes Marineland.

With this property, you can invest without the issues that come with renting. Rental income guaranteed regardless of the residence occupancy rate. Invest and guaranteed yourself a tax-free income source, thanks to the LMNP (non-professional furnished renter) tax status.

The LMNP (Non-professional Furnished Renter) is a tax law which allows an individual to establish property assets which guarantee constant revenue, under extremely favourable legal and tax conditions. Thanks to the LMNP, you can rent a house or apartment situated within a ‘service' residence (such as a residence for tourists, business people, students or the elderly) with the guarantee that your future income stream from it will not be taxable.

As well as allowing you to establish property assets, the LMNP allows you to establish a personal retirement fund, or a family emergency fund, since in the event of death or disfigurement, the mortgage insurance provider will reimburse your current loans, allowing your loved ones to benefit directly from the revenues coming from this property.

Fully compliant with the legal statute on condominiums. Annual condominium charges (average annual sum share of the seller's provisional budget): €220.64 Sextant France - Camille Dubois - 01 86 95 28 37 - More information on www.lecoindulmnp.fr ref. 6410 Fully compliant with the legal statute on condominiums. Lot No.: 0 Annual condominium charges (average annual sum share of the seller's provisional budget): €220.64 To receive more information about this property and to be put in touch directly with our local agent, Paul Delamotte, please fill in the form below.

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