Completely renovated to new, discover this first floor flat boasting hard wood floors throughout, high ceilings, and calmness thanks to the view over the courtyard. The apartment comprises a small bathroom with shower, a main room withCompletely renovated to new, discover this first floor flat boasting hard wood floors throughout, high ceilings, and calmness thanks to the view over the courtyard. The apartment comprises a small bathroom with shower, a main room with plenty of storage and a fully equipped American style kitchen with many cupboards. The building is in good condition and is very secure thanks to a double digital entry code. Ideally located, this apartment is in the centre of a very diverse district, being residential near Opera and Galeries Lafayette in the southern part and more popular near Pigalle with the famous Moulin Rouge in the northern part. The apartment is only a quick walk from the tube station and is easily reachable from all parts of the district. This is an investment not to be missed as co-ownership charges are considerably low: approximately 60 euros per month and 170 euros per year for the land tax. The capital appreciation in the 9th district has increased by +12.5% from mid 2006 to mid 2007. If the apartment is purchased with the intention of letting out, owners may expect a minimum rental income of +4.2% (if rented out for long-term periods at 650 euros) which is quite a significant yield given the bargain acquisition price. Remember that short-term and seasonal lettings may give you an even higher rental return of +5%. The heating is electric and individual as well as the hot water, which allows you to pay as you go. Key selling points and investment justifications Newly renovated: ready to move into or let out Very low co-ownership charges: a mere 60 euros per month Land tax: approximately 170 euros per year High rental income: minimum +4.2% High capital appreciation: +12.5% Lorette
France, Paris / Ile de France, Paris 9eme

Studio 24m2 to 24m2 - 185500 to 185500 euros
CLASSIC PROPERTY
RENTAL INCOME EXPECTED UP TO 4.2%