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Rental investment – Le Cannet – Residence Ehpad La Villa des Saules – 5.30% return

£ 175,760
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Overview

  • Updated On:
  • February 16, 2023
  • 1 Bedrooms
  • 21 ac

Make a rental investment without management worries, the ideal product to prepare for the future and build up real estate assets with a secure profitability. • Annual rent excluding tax: € 11,017.36 • Profitability: 5.30% • Manager: DOMUS VI You can opt for the “depreciable LMNP” tax status, giving the right to an exemption from tax on rental income. Payment of rents is ensured whether your property is rented or not. Description of the property: – Ground floor bedroom including: a main room and a bathroom with wc. – The residence La Villa des Saules is ideally located in Le Cannet, 1.5km from Mougins and 4km from the Croisette. The establishment is located in a pleasant setting, close to the beaches. It has a bar area and a cinema area. Cannes airport is nearby. Le Cannet is an important commune of Alpes-Maritimes in Provence-Alpes-Côte d'Azur. It takes place only two kilometers from the Mediterranean Sea, bordering Cannes and Vallauris. Nicknamed the Madeira of France, it reveals a beautiful panorama on the islands of Lérins offshore. Occupied since the Roman period, the town of Le Cannet developed from the fifteenth century with the implantation of families coming from Italy at the request of the monks of Lérins. It gained its independence from Cannes and Mougins in 1774, by decree of Louis XVI, which allows its economic development from the following century. However, it is necessary to wait until the beginning of the 20th century for Le Cannet to reveal its present appearance. Very touristy because of its geographical location and its weather, the city of Cannet is also appreciated for its rich architectural and historical heritage which earned it a great affluence tourist in the summer. To receive more information about this property and to be put in touch directly with our local agent, Grégory Pruvost 06 37 03 74 23 – 01 84 78 46 50, please fill in the form below.

Address:
City:
Zip: 06110
Country: France
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Property Id : 206450
Price: £ 175,760
Property Size: 21 ac
Rooms: 1
Bedrooms: 1
Fee Scale: https://assets.adaptimmo.com/bareme/75011/75055/75055773/bareme.pdf
DPE: 0
GES: 0
Region: Provence-Alpes-Côte d Azur
Land Size Type: none
Mandat: 16152
Other Features
Virtual tour
£ 537.91
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
£ 537.91

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    Grégory Pruvost