Lespignan, Languedoc-Roussillon 34710

RENTAL INVESTMENT: Investment property in LESPIGNAN net profitability 7.5%. Description: 3 apartments currently rented, a rented garage, a rented professional premises. On the ground floor: a T2 (39m2) with an interior courtyard, on the first floor a T4 of 76m2 with covered terrace and on the top floor another T4 of the same surface area with open terrace. Monthly income 2145? = T2: 580?/month charges included; T4: 750?/month charges included; T4: 760?/month charges included; Garage: 65?/month; premises: 100?/month. Gross annual income: 25, 840?, net annual income (property tax: 1839?): 24, 001? or 7.5% net profitability. The charges include water (30?), TEOM tax (15?), maintenance and electricity of the common areas (25?) for a total amount of 70? included in the rent. The strong points of this investment: building that does not require any work either inside or outside, roof in excellent condition, facade in excellent condition, the apartments are of good quality and offer services that allow easy re-renting on the day of a tenant's departure, extremely low rental vacancy. Possibility of increasing profitability by doing seasonal rental given the proximity to the beaches. Safe rental investment!