RENTAL INVESTMENT – ANNEMASSE – Parc Avenue student residence – 4.56 profitability

Make a secure rental investment in a student residence without the constraints of management: the ideal product to build up your real estate assets while benefiting from a secure profitability through stable rents, from the moment of acquisition. • Annual rent excluding tax: 8,215 • Profitability: 4.56 • Manager: Global Exploitation You benefit from the depreciable LMNP tax status, allowing tax exemption on your rental income. The property is operated by a professional manager (Global Exploitation), 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-bedroom apartment located on the 3rd floor offers a functional and pleasant layout: an entrance hall, a living room with kitchen, a bedroom, a bathroom with toilet. Owner occupancy conditions: none About the residence: The Parc Avenue residence is a student residence, ideally located in Annemasse, close to transport, shops, the municipal library (1 min walk), bus stops (2 min), the SNCF train station (15 min) and only 10 km from Geneva this location is a major asset It welcomes a student clientele and offers furnished accommodation with para-hotel services. It is operated by the manager Global Exploitation The establishment offers a full range of services: high-speed Wi-Fi, laundromat, secure parking, friendly common room, loan of household appliances, crockery kit, disposable linen cover, etc. The co-ownership is made up of 111 apartments (studios and T2s spread over 7 levels). About the occupying manager: Global Exploitation is a serviced residence manager with more than 12 years of experience, a subsidiary of the Grand M group (17,000 apartments managed), and markets more than 50 residences under the UXCO brand. It is one of the French leaders in student housing and coliving. Diagnostics are currently being carried out. 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.