Rental investment - Mandelieu La Napoule - Residence Zenitude Hotel-Residences Mandelieu La Napoule *** - 4.49% return, Alpes-Maritimes, Provence-Côte d'Azur
€121,000 [convert]

1 33m2

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Key Features

Property Type: House
Number of bedrooms: 1
Bathrooms: 1
WCs: 1
Swimming Pool
France Property Shop ID: 594930
Reference: 75011112485

Property Description

Make a rental investment, without management worries, the ideal product to prepare for the future and build up real estate assets with a secure profitability. • Annual rent excluding tax: € 5,435 / year • Profitability: 4.49%. • Manager: ZENITUDE You can opt for the “depreciable LMNP” tax status, giving the right to a tax exemption on rental income. Payment of rents is ensured whether your property is rented or not. Description of the property: - Detached house, comprising: on the ground floor: living room, kitchenette, bathroom, WC, cupboard - upstairs: bedroom with access by stairs. Parking space. - The Zenitude Hotel-Residences Mandelieu la Napoule is a Provencal-style residence located in Mandelieu-la-Napoule, 1 km from the beach. This property has a garden and 2 outdoor swimming pools. It is a 20-minute walk from the Chateau de La Napoule in the city center, 7 km from Cannes and a 30-minute drive from Nice Airport. Mandelieu-la-Napoule is a commune in the Alpes-Maritimes département in France located on the French Riviera, just to the southwest of Cannes and northeast of Théoule-sur-Mer. The next town around the bay from Cannes is this enticing seaside escape under San Peyre, an extinct volcano. The coast is rocky in Mandelieu-la-Napoule, at the point where the Massif d'Esterel, a strange mountain range of red rock descends to the Mediterranean. For the drive of a lifetime get on the Corniche d'Or, which snakes along the rugged coast south of the town in a rare savage corner of the Côte d'Azur completely free of resorts. In late winter Mandelieu-la-Napoule's mountainsides are ablaze with the mimosa flower, which is prized by the town and worshipped during a 10-day festival in February. It is known for the Chateau of La Napoule, a fortified castle of the 14th century. In the 20th century, Henry and Marie Clews, a couple from a wealthy New York banking family, renovated the castle, which they then inhabited. Henry was a painter and sculptor whose work still fills the castle, which is now run as a non-profit arts foundation by his descendents. The population of Mandelieu-la-Napoule is less than 20,000. It is the home of ex MI6 agent Richard Tomlinson. To receive more information about this property and to be put in touch directly with our local agent, Charles Godeau, please fill in the form below.


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