RENTAL INVESTMENT – CAUTERETS – Appart'Hotel Garden City tourist residence – 7.09% 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 through stable rents, from the moment of acquisition. • Annual rent excluding tax: €5,527 • Profitability: 7.09% • Manager: Garden City You benefit from the depreciable LMNP tax status, allowing a 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 1st floor offers an optimized and pleasant layout: 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 ski area cable car and 350 m from the thermal spa. It welcomes a leisure and wellness clientele. Its location, close to the ski lifts and the town center, is a major asset. The establishment offers a full range of services: a 400 sqm wellness area (indoor spa, hammam, sauna, crushed ice fountain), an indoor or outdoor swimming pool depending on the season, a bar-restaurant, parking, free high-speed Wi-Fi, a children's playground, laundry, weekly housekeeping, etc. The condominium includes approximately 98 units (studios and apartments) in addition to the 26 hotel rooms. About the property manager: Garden City, a subsidiary of the SIGA group, boasts over 20 years of experience managing aparthotels in France, with a dozen residences, over 1,000 units, and transparent and proactive management for owners. Assessments are currently being carried out. To receive more information about this property and to be put in touch directly with our local agent, Charlène Levignac, please fill in the form below.