An investment property in a tourist residence with an annual income of €4,298 before taxes and a 5 % return in Évian-les-Bains

An investment property in a tourist residence with an annual income of €4,298 before taxes and a 5 % return in Évian-les-Bains. The Terrasses du Lac residence, very close to Evian golf course, is located just a few minutes from the town centre, less than 2km from the beach, and just a 20 minute drive from the ski slopes. The residence boasts numerous features, including underground or exterior parking spaces, an outdoor swimming pool and a wellness area, as well as lifts, disability access, free wifi and a complimentary housekeeping service. This is 1 bedroom, ground floor apartment, comprising of an entrance hall, a living room with equipped kitchenette, one bedroom, a bathroom with toilet and a terrace. The apartment is sold furnished and comes with an underground parking space. 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 ‘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. Sextant France – Anna-Caroline Thibout – More information on www.lecoindulmnp.fr ref. 7001 Fully compliant with the legal statute on condominiums. Annual condominium charges (average annual sum share of the seller’s provisional budget): €894.68 /p.a. To receive more information about this property and to be put in touch directly with our local agent, Paul Delamotte 07 85 51 21 73, please fill in the form below.