Saint-Tropez Town Center – 2-Bedroom Apartment (62 m²) with Pool – Investment

Property Description

Rare find: a well-maintained 2-bedroom apartment in the heart of Saint-Tropez, in a prestigious residence (built in 1989) with a swimming pool, offered as a life annuity sale with immediate occupancy. Invest in a prime property on the peninsula, with a tenant in place from the moment of purchase.

The property: Located on the 2nd floor with elevator access, at 8 Boulevard des Antiboul:

- 32 sq m living room, fitted and equipped kitchen, dual east-west exposure
- 2 bedrooms with built-in storage and soundproofing
- Modern shower room, separate WC
- 2 balconies (7 sq m total)
- Secure indoor parking space
- Secure residence with swimming pool — a rare find in the city center
- Beaches, port, and shops within easy walking distance
- Property available for immediate occupancy within 2 years: at the end of the current lease, you can move back into the apartment

Condominium of 2 units, no ongoing legal proceedings. Energy Performance Certificate (EPC): Class C (138 kWh/m²/year). Greenhouse Gas Emissions (GHG): Class A (5 kg CO₂/m²/year). Property tax: €1,074.

The Structure
- Market value of the property: €804,000
- Down payment: €448,240
- Monthly annuity paid to the seller (age 79): €3,346
- Property rented: Rent received €1,103/month (excluding charges)
- Net monthly cost: €2,243 (€3,346 - €1,103)

The rationale behind the transaction
Today, you are acquiring a sought-after property in Saint-Tropez through a down payment and an annuity. Unlike an occupied life annuity, this is a vacant life annuity: you do not have to wait for the seller's death to take possession of the property. The current tenant's rent will reduce your monthly expenses during this period, and at the end of the lease—in two years—the apartment will become available for your personal use. The annuity payments cease upon the death of the annuitant: this is the principle of a life annuity (contingency). At the end of the lease, you will own a prime asset, free of any annuity payments or tenants if you so choose.

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.

Located in a two-unit condominium. No legal proceedings are currently underway. Energy Class C, Climate Class A. Estimated annual energy costs for standard use: between €840.00 and €1210.00 for the years 2021, 2022, and 2023 (including subscriptions).

Your MYFACTOTUM advisor: Life Annuity Expert - Eric SALLES.
MyFactotum SAS with a capital of €1500. Registered with the Paris Trade and Companies Register under number - APE 6831Z. Located at 128 rue la Boétie, 75008 Paris.
CPI