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House for sale

Béziers, Herault, Languedoc-Roussillon, France

£656,916 *  [€764,584]

House for sale

Béziers, Herault, Languedoc-Roussillon, France

£656,916 *  [€764,584]

Property Details


  • Bedrooms: 0
  • Bathrooms: 0

Full Description


INVESTORS' SPECIAL – Building comprising 9 apartments rented under bare ownership arrangements – Central Béziers

Buy at an approximate 23% discount and recover full ownership in 8 years, with no management responsibilities.

- 9 apartments, all rented (unfurnished leases)
- 2025 occupancy rate: 100%
- 664.96 m² of living area
- Béziers city centre, approximately 500 m from Les Halles
- Building fully renovated in 2022
- Protected area, within the perimeter safeguarding a listed historic monument

Price:
- Market value: €921,000
- Price paid, including agency fees: €764,584

Payment options available: reduced initial payment and annual instalments over 5 years.
Property traders: transaction may be structured over 5 years.

Advantages:
- Immediate discount, with full ownership automatically recovered at the end of the term
- No taxable property income during the period of split ownership
- In principle, excluded from the French real estate wealth tax (IFI)
- Property tax, service charges and rental management paid by the usufructuary
- Acquisition fees calculated on the price of bare ownership
- Bank financing possible
- Yield: 7.64% (including agency fees)

Contact us for more information about the building, the leases and the transaction.

This property listing was prepared under the editorial responsibility of Eric Salles, self-employed real estate agent (EI), registered with the Paris Chamber of Commerce and Industry under number ADC 004 603. Self-employed real estate agent (EI) of SAS MyFactotum – Agency fees payable by the buyer: €55,260.

Fees of 7.79% including VAT are included and payable by the buyer. Price excluding fees: €709,324. Energy rating B, climate rating A. Estimated average annual energy costs for standard use, based on energy prices in 2021: between €520.00 and €740.00.

Your MYFACTOTUM adviser: Life annuity specialist – Eric SALLES.
MyFactotum SAS, share capital €1,500, registered with the Paris Trade and Companies Register under number – APE 6831Z, located at 128 rue la Boétie, 75008 Paris.
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This property listing (ref: Aqxq8gwc09fupfz4) is an advertisement supplied by French Gold Property and does not constitute property particulars. While aplaceinthesun.com (APITS Ltd.) requests all advertisers supply correct details, it does not carry out checks on the information supplied and cannot be held responsible for any inaccuracies. Aplaceinthesun.com recommends seeking independent legal advice prior to any overseas property purchase.
*Based on an exchange rate of 0.8592 from Euro to GBP. This rate is updated daily and is an indicative market rate supplied by A Place in the Sun Currency. Actual trading rates vary.