Ideally located on Boulevard de la Paix in Courbevoie, close to Bécon-les-Bruyères and its train station, discover this beautiful income property from the 1930s, sold as a free life annuity.
A rare opportunity for an investor looking to acquire an entire building already generating rental income, in a sought-after and well-connected area.
The building is composed as follows:
Ideally located on Boulevard de la Paix in Courbevoie, close to Bécon-les-Bruyères and its train station, discover this beautiful income property from the 1930s, sold as a free life annuity.
A rare opportunity for an investor looking to acquire an entire building already generating rental income, in a sought-after and well-connected area.
The building is composed as follows:
- Ground floor: a commercial space with a basement, currently operated as a hair salon; - 1st floor: two 2-room apartments; - 2nd floor: a studio and a 3-room attic apartment; - Basement: three cellars, a storage room, a kitchen, and a boiler room.
Rental income
The entire property currently generates rental income of:
€3,952 excluding charges per month, or €47,424 excluding charges per year.
Based on a market value of €928,000, the gross rental yield is approximately 5.1% per year, before considering the particularly attractive financing terms linked to the life annuity.
Free life annuity conditions (71-year-old man):
- Market value: €928,000 - Initial lump sum (including agency fees): €296,400 - Monthly life annuity payment: €4,000 Information on the risks to which this property is exposed is available on the Géorisques website: https://www.georisques.gouv.fr/