RENTAL INVESTMENT – Cauterets – Residence Appart'Hotel Garden City – 7.32% profitability

Make a secure rental investment in a tourist residence without worrying about management: the ideal product to build up your real estate assets while benefiting from a secure profitability thanks to stable rents, from the moment of acquisition. • Annual rent excluding tax: €5,493 • Profitability: 7.32% • Manager: Garden City You benefit from the depreciable LMNP tax status, allowing tax exemption on your rental income. The property is operated by a professional manager (Garden City), 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 3rd floor offers a pleasant and optimized layout. It includes: an entrance hall, a bedroom with kitchenette, a bathroom with WC and a balcony. About the residence: The Garden City Cauterets-Balneo residence is a tourist residence, ideally located in Cauterets, in the heart of the village, just 200 m from the cable car serving the ski area and 350 m from the thermal spa, which is a major asset. It welcomes a leisure and wellness clientele and offers furnished accommodation with para-hotel services. Its location reinforces its attractiveness. The establishment offers a full range of services: a 400 sqm wellness area with indoor spa (heated pool, hammam, sauna, crushed ice fountain), indoor/outdoor swimming pool depending on the season, bar-restaurant, parking, free high-speed Wi-Fi, children's playground, laundry, weekly cleaning. The condominium has approximately 98 accommodation units, in addition to 26 hotel rooms. About the occupant manager: Garden City, a subsidiary of the SIGA group, has over 20 years of experience in aparthotel management in France. It manages a dozen residences, totaling over 1,000 units, and is distinguished by its transparent and proactive management towards owners. Diagnostics are currently being carried out. To receive more information about this property and to be put in touch directly with our local agent, Lucas Megret, please fill in the form below.