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| Bedrooms | Habitable | Land Size |
| 2 | 97m2 | ? |
2 Bedroom Apartment - €420,000 (life anniuty sale downpayment plus monthly payments ) - Location: 2ème arrondissement - Bourse, PARIS
OPERA GORGEOUS HAUSSMANIAN FLAT BY THE THEATRE AND THE GRANDS BOULEVARDSReference: LF OPERA - 2 Bedroom Apartment - €420,000 (life anniuty sale downpayment plus monthly payments ) Location: 2ème arrondissement - Bourse, PARIS 
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€420,000 is approximately : Australian Dollars : $830,095 British Pounds : £364,549 Canadian Dollars : $685,264 Hongkong Dollars : $4,154,395 Japanese Yen : ¥49,365,703 New Zealand Dollars : $1,007,280 Swiss Francs : F644,256 US Dollars : $535,937
Please note that these conversions are approximate and for guidance only. They do not constitute sale prices.
€420,000  
2 Bedroom Apartment - €420,000 (life anniuty sale downpayment plus monthly payments ) - Location: 2ème arrondissement - Bourse, PARIS 
 
This Property is For Sale by FGP CEV    
huge entrance hall - living rooms - two bedrooms one of which alcova 40m2 bedroom - large kitchen - bathroom - separated wc - wooden parquet floors - astonishing plaster sculptures on huge bedroom ceiling - two entrance doors one for master and one for personnel - in typical haussmanian building decorated with marble statues outside inside - stairs hall and lift oval 1910 sizes - downpayment 420.000 euros plus life annuity monthly payment 1.900 euros occupied lifelong by gentleman 79 years old PROPERTY PURCHASE AGAINST LIFE ANNUITY IN FRANCE people over 70 often seek means to increase their income they can sell a property "en viager" to a buyer who will pay them an "annuity" for the rest of their lives they will receive an income indexed to cost of living for the rest of their lives avoiding risks associated with traditional investment scheme the sale against life annuity can be either vacant (rare) or occupied (most commonly) in the latter case Sellers remain living in their house for the rest of their life or for a more limited period The Sellers may relinquish occupation at any time in which case life annuity is increased by a further supplement WHAT ARE THE ADVANTAGES FOR A BUYER ON LIFE annuity purchase, property is sold at a lower price downpayment is often modest rate of the anniuty can often be lower than the repayments on a bank loan no need to manage a let and no income to pay tax on, until such time as the property reverts ON WHAT BASIS IS LIFE ANNUITY CALCULATED? upon signing the transfer of property and bill of sale the Buyer is required to effect the initial downpayment the balance is payable monthly in the form of life annuity which is calculated on the basis of the following criteria:- value of the property purchased amount of downpayment life expectancy of seller life annuity is linked to consumers price index and updated once a year
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