Rental investment in a tourist residence (LMNP status).
Building: 2001.
3-star tourist residence, under commercial lease (expiry: 30.09.2033). As part of the renewal of the lease that has just been carried out, renovation work (real estate and furniture) to the tune of €16,836 including VAT will be carried out by Pierre et Vacances between 06.11.2023 and 29.02.2024 and will be paid for by the selling owner. The buyer will therefore benefit from a very well located and renovated home.
Address: 129 Boulevard Alsace-Lorraine, 83400 Hyères plage.
Type: House T4 on 3 levels composed:
- on the ground floor: a very spacious living room, a kitchen, a cupboard and a terrace;
- on the 1st floor: a bedroom, a cabin, a bathroom, cupboards, a shower room and a balcony;
- On the 2nd floor: a bedroom, a bathroom, storage space and a loggia.
Surface area of Carrez: 53.67m2.
Exposure: North.
Annual rent excluding VAT: €13,616.
Profitability: 5.15%.
Manager: Pierre et Vacances.
Description: The residence Le Hameau de la Pinède is made up of apartments and houses with Provençal architecture. Scattered in a beautiful southern garden, each accommodation is decorated with shimmering colours to bring a warm atmosphere to your interior.
Building subject to the status of co-ownership.
Condominium fees: 1213 € / year.
Property tax: 1189 € / year.
Number of lots: 75 residential lots.
Net seller price including agency fees : 265 000 €
* The photos in the ad correspond to an "identical property" according to the manager Pierre et Vacances, which is currently occupied by the director of the residence.
