Make a secure rental investment in a managed residence with no management worries: the ideal product to prepare for your future and build up real estate assets with secure profitability.

• Annual rent excl. tax: €4,680
• Profitability: 4.95%
• Manager: Pierreval

You benefit from the depreciable LMNP tax status, allowing tax exemption on your rental income. The property is operated by a professional manager (Pierreval), bound by a commercial lease, ensuring the payment of rents from the acquisition, whether the property is rented or not.

Property description:
A 1-bedroom apartment (T2) located on the ground floor.

About the residence:
The City Résidence Nice is a managed residence, ideally located in Nice, 1 km from the Cimiez Monastery, 3.3 km from Nice-Ville train station and 3.4 km from Avenue Jean-Médecin. It welcomes a varied clientele (students, professionals or tourists) and offers furnished accommodation with para-hotel services.
Its location in the heart of the city, well served by public transport, is a major asset.

The establishment offers a complete range of services: free Wi-Fi access throughout the premises, equipped kitchenette, on-site parking, reception, common areas, security and comfort services adapted to short or medium-term stays.

About the occupying manager:
Pierreval – a recognized manager in the field of managed residences, with proven expertise in the management of operating real estate assets, and a solid network of student, business and tourist residences in France.
Le coin du LMNP - Maxence Vulpas agent based in NEUILLY SUR SEINE - 01 84 78 46 50 - More information on [email protected] ref. 23846 Property subject to the legal status of Copropriété. Annual co-ownership charges (Average annual amount share of the seller's provisional budget): €120. No ongoing procedures. Fees payable by the seller

Mandate number: 23846