Recently refurbished building, come and discover this charming 5th floor one bedroom apartment boasting hard wood floors throughout, authentic ceiling mouldings and a fireplace. This bright apartment is in mint condition comprising a... Recently refurbished building, come and discover this charming 5th floor one bedroom apartment boasting hard wood floors throughout, authentic ceiling mouldings and a fireplace. This bright apartment is in mint condition comprising a separated kitchen, bathroom with shower, a bedroom and a living area. Very secure building with 2 digital entry codes; the building is in good condition with a renovated staircase and the installation of a lift will be discussed at the next co-owners yearly meeting. Located in the diverse 15th district of Paris, this charming apartment is nearby the Porte de Versailles exhibition, where many conferences and fairs are organised almost every week such as the worldwide car show, attracting thousands of visitors daily. This flat is at walking distance to the Andre Citroen Business Park, that borders the Seine River and is easily accessible from many parts of Paris such as the Concorde Place, the Madeleine church and the Opera Garnier. This flat is perfect as a pied a terre and also as a Buy to Let venture, as the area attracts lots of tourists thanks to the Porte de Versailles exhibitions. The capital appreciation in the 15th district have increased significantly from August 2006 until August 2007 by around + 10.5%. Owners may expect a rental return of approximately +3.5% if rented out for approximately 1000 euros per month for long-term lets and an even higher yield for seasonal or short-term rentals. The co-ownership charges are very insignificant, only 260 euros per quarter and the land tax is a mere 320 euros per year. Key selling points and investment justification Renovated to new recently: ready to move into or let out Significant capital appreciation: approximately +10.5% from mid 2006 to mid 2007 Low co-ownership charges: 260 euros per quarter Low land tax: 320 euros per year Located near the Porte Versailles Expo: great for short term rentals Lecourbe
France, Paris / Ile de France, Paris 15eme

One Bedroom 46m2 to 46m2 - 348600 to 348600 euros
CLASSIC PROPERTY
EXPECTED RENTAL INCOME UP TO 3.5%