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Rental investment – Vendargues – Residence Lou Bigos Academie – 4.43% return

£ 51,545
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Overview

  • Updated On:
  • September 13, 2022
  • 19 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: € 2,701 • Profitability: 4.43% • Manager: RESIDENCE ACADEMIE You can opt for the “depreciable LMNP” tax status, giving the right to a tax exemption on rental income. Payment of rents is ensured whether your property is rented or not. Description of the property: – Apartment T1 on the 2nd floor including: a bedroom, a hallway and a bathroom with wc. – The Lou Bigos Academie residence is located in Vendargues, 7km from Montpellier. The establishment is close to the Montpellier Zoo, the Montpellier Massane golf course and the Castries aqueduct. Les Saintes-Maries-de-la-mer is 44km from the residence and the city of Nimes is 30km away. 10 km north-east of Montpellier, the village of Vendargues stretches between the Cadoule and the Salaison, two Mediterranean rivers. In this village, on weekdays or at weekends, it is common to encounter beautiful examples of the comté (draught horse) or of the Camargue breeds. At Vendargues you will see horses everywhere — during local village festivals, at riding centres, to transport schoolchildren, to pull the Christmas sleigh, even for waste collection and street cleaning! Riding centres and horses abound ! In keeping with ancient traditions, Camargue horses contribute to the success of votive (or commemorative) festivals in a town which is deeply respectful of its roots and of the Camargue races (‘fé di biou'). Its arenas, built of stone just as in the Roman era, are well appreciated and popular. At the edge of the Cadoule river there are picnic tables, lighting and sports circuits, allowing everyone to enjoy this natural area of over 25 hectares, planted with oaks and pines. Close by, at the woods of Saint-Antoine many events are held, including the National Day of the Horse held in September. A must-see ! Out of interest, the suffix 'argues' means the 'domain of', so the name of the village could have stemmed from Venerianicus, a Roman military veteran who may well have received an estate as a reward. But this is only a guess because over the ages the village has had many names. 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.

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Address:
Area:
State/County:
Zip: 34740
Country: France
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Property Id : 197281
Price: £ 51,545
Property Size: 19 ac
Rooms: 1
Energy class: D
Fee Scale: https://assets.adaptimmo.com/bareme/75011/75055/75055773/bareme.pdf
DPE: 152
GES: 6
Region: Occitanie
Land Size Type: none
Mandat: 15975
Other Features
Virtual tour
£ 157.75
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
£ 157.75

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    Grégory Pruvost 06 37 03 74 23