La Ciotat Apartment

Occupied life annuity - 75-year-old man - LA CIOTAT (13600)

T3-type apartment with sea view terrace, garages, and cellar.

Initial payment: 261,750 euros, including PBH IMMO fees.
Monthly life annuity: 3,456€, indexed annually to the IRL.

In an occupied life annuity, the seller continues to live in the property, for life or until moving to a retirement home.

If the property is vacated early, the annuity will be increased by 29%.

For the investor, this is a secure rental investment with a single lifelong tenant and a price reduction based on the seller’s age, known as the occupation discount (DUH). Notary fees are also reduced.

Financial analysis: Based on a free market value of 1,235,000 euros, you acquire this property at a reduced price of 702,715 euros, representing an occupation discount of 43.1%.

Rare on the market, this high-quality apartment built in 2001 has a living area of 112m², is cross-ventilated, offers a sea view over the Port of La Ciotat, and features a 113m² terrace. It includes:
- Entrance hall
- Spacious living room
- Open kitchen
- 2 bedrooms, including a master with its own shower room
- Laundry room
- Closets
- Shower room
- Separate toilet

Two underground garages totaling 26m² and a 7m² vaulted cellar complete this exceptional property!

Located in a condominium of 29 lots, including 7 residential units, you will own 163/1020 of the land and common areas.

The energy performance rating (DPE) is B, with estimated annual costs between 860 and 1,250 euros.

PBH IMMO fees are 5% VAT included, payable by the buyer. The net seller’s initial payment is 200,000 euros.

The 2025 property tax amounts to 2,759 euros, including 558 euros of waste collection tax. Each year, the waste collection tax is reimbursed by the seller to the buyer.

Information on risks related to this property is available on the [hidden information]éorisques.[hidden information] website.

For more information, contact us:
Sales agent Mrs. LUBRICH at PBH IMMO at [hidden information]. RSAC TOULON [hidden information].
According to article [hidden information].5 of the Monetary and Financial Code, an identity document will be required to organize the visit.
Information on the risks to which this property is exposed is available on the Géorisques website: https://www.georisques.gouv.fr/