One-bedroom apartment for sale, 28.15 m², with a 10 m² terrace and secure parking, MONTPELLIER (34)

Would you like to build a net worth of between €35,000 and €60,000 over 20 years, risk-free? This urban haven nestled in a verdant Mediterranean setting might be just what you're looking for... On Rue Gustave Flaubert, this charming 28.15 sq m (301 sq ft) one-bedroom apartment is located on the ground floor of a secure, landscaped residence built in 2017. The apartment offers a cozy and inviting atmosphere. It comprises an entrance hall, a spacious shower room, and a pleasant living room with an open-plan kitchen, extending onto a 10 sq m (108 sq ft) private terrace. It is currently tenanted, offering a net return of 4.5%. To return to the initial hook of my ad, let's imagine 100% financing through a loan, without any rent increase (which is obviously intentionally misleading since the rent is indexed to the IRL and therefore to inflation): After deducting property tax and condominium fees, and adding transfer taxes, you pay approximately €70,000 out of pocket for this apartment over 20 years. Assuming the price remains at its current level in 20 years, you'll be €35,000 richer. And, in a more realistic scenario, assuming the price increases by only 1% per year due to inflation, the price will be around €130,000: You've just made €60,000 richer thanks to the leverage effect of the mortgage. Without projecting that far ahead, you'll be able to occupy it at the end of the lease, and if the tenant leaves, you can further improve profitability and therefore the financial projections previously demonstrated. Let's talk about the residence: From the moment you enter, you're welcomed by a landscaped square where Mediterranean plants create a pleasant atmosphere and contribute to a feeling of freshness and comfort. A true extension of the living room, this terrace offers a privileged outdoor space: breakfast in the sun, reading, plants, or simply a moment of relaxation… a real enhancement to your quality of life. To complete the package, you'll benefit from underground parking, providing everyday comfort and peace of mind. A convenient and well-connected location: The residence enjoys an ideal location for getting around: • Tram T5 – “Parc de Bagatelle” stop, a 5-minute walk away, with connections facilitating access to universities • Bus 15 – “Marcel Pagnol” stop, a 5-minute walk away Number of units in the condominium: 60. Average annual share of expenses (estimated budget) (cold water + hot water + common areas): €680, or €56 per month. The fees are payable by the seller.
Les informations sur les risques auxquels ce bien est exposé sont disponibles sur le site Géorisques : www. georisques. gouv. fr.

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