2-Room Apartment 41.73 m²

Property Description

For sale: Rented T2 apartment in the heart of the Ecusson district of Nîmes - turnkey rental investment

Located in the very heart of Nîmes' historic center, on Rue Crémieux, discover this pleasant rented T2 apartment, ideal for an investor seeking a secure patrimonial placement.

Within a well-maintained co-ownership equipped with a freight elevator, the apartment is on the 4th floor out of 5 and benefits from a privileged location close to shops, restaurants, transport, and city center activities.

Property description:
- A pleasant and bright living room
- A functional kitchen
- A comfortable bedroom
- A shower room with toilet
- Apartment in very good overall condition
- Double glazing
- Optical fiber connected
- Possibility to install reversible air conditioning

Rental information:
- Apartment sold with tenant in place
- Current rent: €580 including charges (€530 excluding charges)
- Unfurnished 3-year tenancy
- Lease start date: 22 October 2024
- Current lease expiry: 22 October 2027
- Immediate rental income upon acquisition

Co-ownership information:
- Real annual charges: about €903/year
- Of which about €569 recoverable from the tenant
- Charges payable by the owner: about €334/year
- Co-ownership equipped with a freight elevator
- Co-ownership charges: about €900/year
- No known ongoing legal proceedings

Financial information:
- Property tax: €805/year
- Annual rent excluding charges: €6,360
- Estimated gross yield: 5.05%

Why invest?
- Premium location in the heart of the Ecusson district of Nîmes
- Already rented with a secure lease until October 2027
- Immediate income without tenant search
- Controlled charges
- No major works expected on the co-ownership
- Ideal patrimonial product to grow your real estate portfolio

For any additional information or to arrange a visit, contact us directly.

A serene investment in one of the most sought-after areas of Nîmes.
Condominium of 35 lots - including 22 residential lots. (No ongoing procedures).
Annual charges: €905.00. Mickaël Decaillon (EI) Commercial Agent - RSAC number: 882242704 - Nîmes.