Overview
- 1 Bedrooms
- 28 m2
Property Description
Make a secure real estate investment in a tourist 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: €7,677 • Profitability: 5.52% • Manager: Appart'City You benefit from the depreciable LMNP tax status, allowing tax exemption on your rental income. The property is operated by a professional manager (Appart'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-bedroom apartment located on the 4th floor offers a functional and pleasant layout: a living room with kitchen, a bedroom, a bathroom with toilet. (No occupancy conditions for the owner.) About the residence: The Appart'City Confort Pau Centre residence is a tourist and business residence ideally located in Pau, close to shops and only a 5-minute walk from the SNCF train station, as well as close to the Château de Pau and the Palais Beaumont—which is a major asset. It welcomes leisure and business clients by offering furnished accommodation with hotel-like services. Its central location, 5 minutes from the train station and a 20-minute drive from Pau-Pyrenees airport, reinforces its attractiveness. The establishment offers a comprehensive range of services: reception, buffet breakfast, free high-speed Wi-Fi, laundry, indoor and outdoor parking (limited spaces, reservation required), air conditioning, laundry facilities, and more. The condominium is composed of approximately 68 apartments on 4 floors. About the occupant manager: Appart'City is the number 1 aparthotel in France, operating around 95 2- to 4-star residences in more than 90 urban areas, engaged in a vast renovation program, and offering several ranges including Confort 3 . The diagnostics are currently being carried out. To receive more information about this property and to be put in touch directly with our local agent, Basile Monot, please fill in the form below.
- Principal and Interest