Lakeside City Port Grimaud - Occupied Life Annuity

Property Description

RARE: 1-Bedroom Apartment in Port Grimaud's Lakeside Estate – Loggia and Private Parking

Description:
€209,250 instead of €312,000.
€102,750 less than the market value.

Why?
The property is being sold as a life annuity (viager occupé). The seller, 77 years old, will live there for the rest of his life. You become the owner upon signing and will have full occupancy upon his departure.

You pay:

€209,250 at the notary's office

€0 per month. No annuity payments.

Your advantages:

€102,750 below the market value
No tenants, no management, no unpaid rent
No taxable rental income
Total cost known from day one

The property: Beautiful 1-bedroom apartment (T2) of 42.5 m² on the 2nd floor. Living room 27 sq m with fitted kitchen opening onto a loggia (6 sq m), bedroom with storage, shower room with walk-in shower. Private parking.

Address: Place François Spoerry, in the heart of Port Grimaud. Shops within walking distance, canals at the foot of the building. Saint-Tropez 7 km away.

Full details and viewings available upon request.

This property advertisement was written under the editorial responsibility of Eric Salles, sole proprietor registered with the Paris Chamber of Commerce and Industry under number ADC 004 603. Sole proprietor for SAS MyFactotum.

Buy one price: €209,250. Agency fees of 7.45% (including VAT) payable by the buyer. Buyer's price excluding fees: €186,000. Located in a two-unit condominium. No legal proceedings are currently underway. Energy Class C, Climate Class C. Estimated annual energy costs for standard use: between €665.00 and €901.00 for the years 2021, 2022, and 2023 (including subscriptions).

Your MYFACTOTUM advisor: Life Annuity Expert - Eric SALLES.
MyFactotum SAS with a capital of €1,500. Registered with the Paris Trade and Companies Register under number APE 6831Z. Located at 128 rue la Boétie, 75008 Paris.
CPI