Saint-Tropez - Freehold Life Annuity

Property Description

Vacant life annuity with tenant in place – 2-bedroom apartment with pool and 2 terraces in the heart of Saint-Tropez, the entire village within walking distance

Structured investment opportunity in a rare property: a 2-bedroom apartment located in a residence with a swimming pool, in the heart of Saint-Tropez. Vacant life annuity with tenant in place and immediate income. Option to reclaim the apartment for personal use.

Financial terms:

Market value: €804,000
Upfront payment: €448,240
Life annuity: €3,346/month
Rent excluding charges: €1,103/month
Actual cost: €3,346 - €1,103 rent excluding charges = €2,243/month
Seller: 79 years old

This life annuity sale with vacant possession combines immediate rental income with a life annuity mechanism, reducing the monthly financial burden.

Property Description:
2-bedroom apartment (62.60 sq m), located on the 2nd floor with elevator, in excellent condition:

32 sq m living room with fitted and equipped kitchen, East-West facing
Two bedrooms with built-in storage and soundproofing
Modern shower room, separate WC
Two terraces (18 sq m)
Secure indoor parking space

Features:
Swimming pool in the residence, a rare find in the city center
Terraces
Dual exposure, abundant natural light
High-end building with elevator
Central location, quick access to beaches, port, and shops

Tenant in place, guaranteed income upon acquisition

File and viewing available upon request

This real estate advertisement was written under the editorial responsibility of Eric Salles, a sole proprietor registered with the Paris Chamber of Commerce and Industry under number ADC 004 603. Eric Salles is a sole proprietor representing MyFactotum SAS. Agency fees payable by the buyer: €48,240. Property tax: €1,074. Initial payment: €448,240 (including 6% VAT agency fees payable by the purchaser). Initial payment excluding fees: €400,000. Located in a two-unit condominium. No ongoing legal proceedings. Energy class C, Climate class A Estimated amount of annual energy expenditure for standard use: between 840.00 € and 1210.00 € for the years 2021, 2022, and 2023 (including subscriptions). Information on the risks to which this property is exposed is available on the Geohazards website: .