Overview
- 25 m2
Property Description
Make a secure real estate investment in a student residence without the constraints of management: the ideal product for building a real estate portfolio while benefiting from a secure profitability through stable rents, from the moment of acquisition. • Annual rent excluding tax: €4,163 • Profitability: 5.55% • Manager: UXCO Student You benefit from the depreciable LMNP tax status, allowing tax exemption on your rental income. The property is operated by a professional manager (UXCO Student), engaged by a commercial lease, ensuring the payment of rents from the moment of acquisition, whether the accommodation is rented or not. Description of the property: This one-room apartment located on the 1st floor offers a functional and pleasant layout: a hall, a living room with kitchenette, a bathroom with WC. About the residence: The Parc Avenue residence is a student residence, ideally located in Annemasse, close to many local services and points of interest. It welcomes a student clientele and offers furnished accommodation with hotel-like services. Its location, just a 2-minute walk from a bus stop, a 15-minute walk from the SNCF train station and approximately 10 km from Geneva, close to higher education institutions, is a major asset. The establishment offers a comprehensive range of services: secure residence with magnetic badge, furnished and equipped accommodation, kitchenette, office, high-speed Wi-Fi in the accommodation and common areas, laundromat, dish kit, access to friendly common areas. The condominium has 111 accommodations. About the occupant manager: UXCO Student is a subsidiary of the UXCO group, a major player in student housing: more than 60 residences in France, more than 10,000 beds under management, recognized for its modern spaces, its quality of services and its location in many student cities. To receive more information about this property and to be put in touch directly with our local agent, Sacha Veyrine, please fill in the form below.
- Principal and Interest