Lorraine

An investment property with an annual income of 3,054 and a 5.45 % return in Nancy

PRICE: EUR €56,000

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Estate Agent: Sextant France
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An investment property in a tourist residence with an annual income of 3,054 and a 5.45 % return in Nancy The CAP Affaires residence is ideally located, just a short walk from the tramway station which leads to Nancy train station, which still being very close to the town centre and shops. The residence boasts numerous features, including an office space and a reception desk, as well as free wifi access.

Property features:
Flat or apartment
House
An investment property with an annual income of 3,054 and a 5.45 % return in Nancy
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Property Details:

For sale is a 19.90m² studio apartment, located on the 2nd floor, comprising of an entrance hall with kitchenette, a living room which also serves as an office, and a wash room with toilet. The apartment is sold furnished. 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. Property subject to the legal status on condominiums. Annual condominium charges (average annual sum share of the seller's provisional budget): 109.86 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, Charles Godeau.

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