$1,057,718

Courbevoie Building

  • 1,981 Sqft
  • Updated: Yesterday

About the Property

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/
  • Property type

    Other

  • Floors

    2

  • Year built

    1930

  • Price/sqft

    $534

Features

Explore the Area

Bécon, Courbevoie, France View on Google Maps
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Viva Viager

Joined 4 years ago
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Viva Viager
France
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16
Listings
2022
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Viva Viager
Paris 6ème, France
View agency profile
Last updated
Yesterday
First listed
September 22
Listing reference
87292898
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