Global Property Guide

Financial Information for the Residential Property Buyer

Apartment

Full Description

An investment property in a tourist residence with an annual income of a‚¬3,664.68 before taxes and a 6.01 % return in Vitrolles.

The Appart'City Marseilles Vitrolles Airport is ideally located just 2km from Marseilles Provence airport, 25 minutes from Marseilles, and close to the shops and businesses of Vitrolles.

The residence boasts numerous features, including a private parking space, free wifi and lifts.

This is a studio apartment with a total area of 20.00m², comprising: an entrance hall , a living room with kitchenette and wardrobe, and a bathroom with toilet.

The apartment is sold furnished.

With this property, you can invest without the issues that come with renting. Rental income guaranteed regardless of the residence occupancy rate.
Invest and guaranteed yourself a tax-free income source, thanks to the LMNP (non-professional furnished renter) tax status.

The LMNP (Non-professional Furnished Renter) is a tax law which allows an individual to establish property assets which guarantee constant revenue, under extremely favourable legal and tax conditions. Thanks to the LMNP, you can rent a house or apartment situated within a a€;˜service' residence (such as a residence for tourists, business people, students or the elderly) with the guarantee that your future income stream from it will not be taxable.

As well as allowing you to establish property assets, the LMNP allows you to establish a personal retirement fund, or a family emergency fund, since in the event of death or disfigurement, the mortgage insurance provider will reimburse your current loans, allowing your loved ones to benefit directly from the revenues coming from this property.


To receive more information about this property and to be put in touch directly with our local agent, Patrick Lalandre, please fill in the form below.

Key Information

Property ID: 28822389
Location: France, Provence-Alpes-Cote dAzur
Categories:
  • Apartment
  • Apartment
Bedrooms: 0
Bathrooms: 0
Price:
  • £54,775
  • €61,000
  • $74,380
Short Description:

An investment property in a tourist residence with an annual income of a‚¬3,664.68 before taxes and a 6.01 % return in Vitrolles. The Appart'City Marseilles Vitrolles Airport is ideally located just 2km from Marseilles Provence airport, 25 minutes from M