1. Property description
Make a secure rental investment in this student residence, without the constraints of management. An ideal opportunity to build a property portfolio while benefiting from secure returns thanks to stable rents from the moment of purchase.
This T2 apartment, located on the 3rd floor, offers a functional and pleasant layout. It comprises an entrance hall, a living room with kitchen, a bedroom and a shower room with WC.
2. Key features
- Property type: apartment
- Surface: 41.3 m²
- City: ANNEMASSE
- Price: 138 000 €
- Annual rent excluding tax: 8 215 €
- Yield: 5.95 %
- Manager: Global Exploitation
- LMNP tax status with depreciation, allowing an exemption from income tax on your rental income.
The property is operated by a professional manager (Global Exploitation), engaged under a commercial lease, ensuring the payment of rent from acquisition, whether or not the dwelling is let. Owner-occupation conditions: none.
3. Strengths and location
Parc Avenue is a student residence ideally located in Annemasse, in the immediate vicinity of amenities:
- Public transport
- Shops
- Municipal library (1 min on foot)
- Bus stops (2 min)
- SNCF station (15 min)
- Only 10 km from Geneva
This location is a major asset for attracting a student clientele. The residence offers furnished accommodation with aparthotel-style services and a full range of amenities: high-speed wifi, self-service laundry, secure parking, a friendly common room, loan of household appliances, crockery kits, disposable bed linen, etc.
The co-ownership comprises 111 apartments (studios and T2) spread over 7 floors. Global Exploitation, a subsidiary of the Grand M group (17 000 apartments managed), is a manager of serviced residences with more than 12 years of experience and markets more than 50 residences under the UXCO brand. It is one of the leading French providers of student and co-living accommodation.
The diagnostics are currently being carried out.
Subject to the legal status of the Copropriété (co-ownership). Annual co-ownership charges (average annual share of the seller's forecast budget): 484 €. No proceedings in progress.
4. Contact
For more information, contact Acumen Patrimoine :
- Telephone: 01 41 55 12 20
- Email: info@acumen-patrimoine.fr