Picardy

Investment property in a new project within a prestigious student residence

PRICE: EUR €70,769

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Estate Agent: Sextant France
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Investment property in a new project within a prestigious student residence with a 3.90% return in Amiens. - Under 10 year warranty Nicknamed the Venice of the North', Amiens, in the Hauts-de-France region, is known for its famous Notre-Dame Cathedral, which is a classified UNESCO world heritage site, and its Hortillonnages', or floating gardens. It boasts a strategic location between the A1, A16 and A29 autoroutes, with direct access daily to Paris and Lille (just 1 hour by train).

Property features:
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Investment property in a new project within a prestigious student residence
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Property Details:

With more than 28,000 students, Amiens has more than 35 higher learning establishments and hundreds of international exchange programs. In 2020, it will be the first city in France to receive the title of European Capital of Youth. The project includes communal spaces adapted to the student lifestyle (doorkeeper, secured bicycle storage, gym, cafeteria, large terrace with view over the Somme etc.) and offers high-quality features and facilities (wifi access, fibre optic cable etc.). All the apartments are furnished and equipped: kitchenette, ceramic hob, fridge, microwave, equipped wash room, office space. Provisional availability: 2020, 3rd trimester With this property, you can invest without the issues that come with renting. Rental income guaranteed regardless of the residence occupancy rate. Invest and guarantee 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. Sextant France - Patrick Lalandre agent for Paris 8TH ARRONDISSEMENT - more information on ref. 3299a Furnished property. Click the blue MAKE ENQUIRY button and enter your details to receive more information about this property and to be put in touch directly with our local agent, Patrick Lalandre.

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