An investment property in a business short-term rental residence with a renewed commercial lease, an annual income of €4,025.76 before taxes and a 6.49 % return in Nancy.

An investment property in a business short-term rental complex with a renewed commercial lease, an annual income of €4,025.76 before taxes and a 6.49 % return in Nancy. The Appart City Appart Hôtel residence is ideally located in the heart of Nancy, just a short walk from Stanislas Square, and very close to the Tramway station from which you can reach Nancy University 2 in just 10 minutes. The residence boasts numerous features, including a private parking space and a terrace-garden. This is a studio apartment with a total area of 19.85sqm, comprising: an entrance hall with cupboard, a living room/bedroom with kitchenette, and a bathroom 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 guaranteed 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. Fully compliant with the legal statute on condominiums. Annual condominium charges (average annual sum share of the seller’s provisional budget): €64 Sextant France – Anna-Caroline Thibout – More information on www.lecoindulmnp.fr ref. 6589 Furnished property. To receive more information about this property and to be put in touch directly with our local agent, Paul Delamotte 07 85 51 21 73, please fill in the form below.