Saint Cyr Sur Mer Apartment

Occupied life annuity - 74-year-old lady - SAINT-CYR-SUR-MER (83270)

T3-type apartment with terraces, sea view, garage.

Initial payment: 153,000 euros including PBH IMMO fees.
Monthly life annuity: 985€, 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 increase by 51%.

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 605,000 euros, you acquire this property at a reduced price of 298,265 euros, a 50.70% occupation discount.

Rare on the market, this high-quality apartment built in 1970 has a living area of 65m², is cross-ventilated, offers sea views, and is a 4-minute walk from Port de la Madrague. It features two terraces, one of 70m².

The apartment includes:
- An entrance
- A double living room
- An open kitchen
- A spacious bedroom with a closet
- A shower room
- Separate toilets

Additional amenities:
- A 10m² storage room
- An underground closed garage
- A cellar with a shower for beach returns

Located in a condominium of 236 lots, including 133 residential units, you will own 1527/100,000 of the land and common areas.

The energy performance rating (DPE) is class C, with estimated annual costs between 920 and 1,280 euros.

PBH IMMO fees are 33,000 euros including tax, payable by the buyer. The net seller’s initial payment is 120,000 euros.

The 2026 property tax amounts to 1,639 euros, including 345 euros of waste collection tax. The seller reimburses the buyer annually for the household waste tax.

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 arrange a visit.
Information on the risks to which this property is exposed is available on the Géorisques website: https://www.georisques.gouv.fr/