4 Bed Apartment for sale
Paris, Ile-de-France, France
£1,206,289 *
[€1,404,000]
Full Description
ISSY-LES-MOULINEAUX – EXCEPTIONAL USUFRUCT WITH 150 M² + 120 M² OF TERRACES
€1,404,000 purchase price instead of an estimated market value of €1,800,000
€396,000 potential equity gap at acquisition
Rare in Issy-les-Moulineaux, discover this remarkable two-storey apartment of 150 m², benefiting from nearly 120 m² of private terraces, with a layout that offers a true 'house on the rooftops' feel.
On the 5th floor with elevator, the apartment offers very generous volumes.
The numerous outdoor spaces are one of the major assets of this property: spread over the two levels, the terraces provide different areas for dining, entertaining, relaxing or enjoying sunny days.
A rare property on the market
150 m² of living space
6 rooms
4 bedrooms
120 m² of terraces
Living room of 40 m²
2 bathrooms + 1 shower room
2 toilets
2 covered parking spaces
1 cellar
Elevator
A usufruct property acquisition
The owner, aged 81, retains the usufruct for life.
The buyer becomes immediate bare ownership holder, without needing to manage the property during the usufruct period.
Financial terms
Free value (market value) estimated at €1,800,000
Acquisition price: €1,404,000 including fees
Discount: €396,000
During the usufruct period, the buyer does not have to manage rental operations: no tenant search, no vacancy, no defaults and no rental income to manage.
Depending on the buyer’s tax situation and the operation’s conditions, bare ownership may also be of interest for wealth tax (IFI) during the usufruct.
The appeal of this acquisition lies in the combination of three exceptional elements: a sought-after location, a rare 120 m² of terraces, and a purchase price discounted by almost €400,000 compared to its free market value.
Full dossier available on request.
This real estate advertisement has been written under the editorial responsibility of Eric Salles, real estate agent EI registered with the Paris Chamber of Commerce under number ADC 004 603. EI broker of SAS MyFactotum. Agency fee borne by the buyer: €108,000. Property tax: €2,427.
Total price: €1,404,000. In a condominium comprising 4 lots. No ongoing proceedings. Energy class B, Climate class A. Estimated average annual energy expenditure for standard use, based on energy prices in 2021: between €1,280.00 and €1,790.00.
Your MYFACTOTUM advisor: Real estate agent specialized in Viager - Eric SALLES.
MyFactotum SAS with a capital of €1,500 registered in the Paris Trade and Companies Register under number -APE 6831Z, located at 128 rue la Boétie 75008 Paris.
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