- Location close to the main routes of south-east Paris:
The Residence is located in the south-east of the capital, at the foot of the Bois de Vincennes, a few minutes by public transport from the Place de la Nation
A 5 min walk from the "Porte de Charenton" metro and tram stop and 9 minutes by car from the AccorHotels Arena
Quiet residential area
134 furnished, equipped and tastefully decorated apartments, from studios for 2 persons to 2-room apartments for 4 persons
- Price & rent:
Expected yields currently around 4,5 % net – indexed to the IRL
Price per m² currently sold at 7800 €/m² within the local average market price
Sold furnished, with furniture included in the final price
Competitive price given the services and location, No. 1 in Paris inner suburbs
- Worry-free management:
Managed by Adagio: a joint subsidiary of the world hotel leader Groupe ACCOR and the European tourism leader Groupe Pierre & Vacances Center Parcs
First lease dated 2007 – since then renewed by tacit agreement
The managing agent of the co-ownership is SOGIRE. Charges are advanced by Adagio and paid on behalf of the owner
Conclusion : competitive price per m², reasonable rent, this asset is ideal for a long-term investment on the doorstep of Paris in LMNP.