Property details

Ref:

A1YVCOUR99K121209

Property type:

Apartment

Location:

Located in Celleneuve, Montpellier, Herault

Region:

Languedoc-Roussillon

Département:

Herault 34

Habitable Space:

70 m²

Summary

Montpellier is a micro market fuelled with very strong rental demand linked with demographic and economical growth. Good opportunities!

Property description

Fully renovated appartment in the Celleneuve area, village feel attached to Montpellier AND on Tramway line 3 opening early 2012

- 49m2 renovated apartment + over 20m2 of Mezzanine space
- Village feels with city amnenities
- New tram being built within a 100 metres.
- 5 minute into the heart of the town.


CASH POSITIVE in Montpellier!

- kitchen
- bathroom
- Lounge
- Bedroom.
- Study
- mezzanine bedroom
- fitted with all equipment.
- new electrics/plumbing

Data :
rent of €600/mth
Charges of €40/mth
Taxe fonciere of €450/yr
Management fees of €500/yr
NET INCOME : €5770/yr

Purchase :
- €97000
- Notary fees approx. €6300
- TOTAL purchase cost : €103300

NET YIELD:
€5770/€103300 = 5,6% !!!

Image gallery

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Available now for

€97,000

Agency Fees Included? Yes

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