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| Bedrooms | Habitable | Land Size |
| 2 | 110m2 | ? |
2 Bedroom Apartment - €153,000 (life annuity sale purchase price 153000 euros and monthly life annuity payments 1200 euros) - Location: Cannet, le cannet
BC LE CANNET 2Reference: BC LE CANNET 2 - 2 Bedroom Apartment - €153,000 (life annuity sale purchase price 153000 euros and monthly life annuity payments 1200 euros) Location: Cannet, le cannet  Photo Coming Soon
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€153,000 is approximately : Australian Dollars : $250,104 British Pounds : £137,818 Canadian Dollars : $243,086 Hongkong Dollars : $1,759,949 Japanese Yen : ¥20,189,093 New Zealand Dollars : $314,640 Swiss Francs : F231,424 US Dollars : $227,265
Please note that these conversions are approximate and for guidance only. They do not constitute sale prices.
€153,000  
2 Bedroom Apartment - €153,000 (life annuity sale purchase price 153000 euros and monthly life annuity payments 1200 euros) - Location: Cannet, le cannet 
 
   
free market value 550.000 euros purchase price 153.000 euros and life annuity monthly payments to sellers until their death 1200 euros per month sellers: gentleman 83 years old and lady 77 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 the house for teh rest of theirlife 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 purchase price is often modest rate of the annuity 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 the Buyer is required to pay the purchase price the life annuities are then payable at the end of each month by direct swift transfer to sellers account until sellers death the life annuity is calculated on the following criteria:- amount of downpayment/purchase price life expectancy of sellers life annuity is linked to consumers price index and updated once a year in the date anniversary of the date of transfer of title
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