This completely renovated 2nd floor flat in a 17th century building overlooking the Val de Grace church is extremely bright with double exposure, comfortable 20 sqm living room, spacious and quiet bedroom with dressing room and directThis completely renovated 2nd floor flat in a 17th century building overlooking the Val de Grace church is extremely bright with double exposure, comfortable 20 sqm living room, spacious and quiet bedroom with dressing room and direct access to the full bathroom while overlooking the flowery interior courtyard, and a separated and fully equipped kitchen. In addition, the common staircase renovation has been paid for and will commence shortly. In the heart of the Latin Quarter, this lovely apartment is only a few minutes walk from Mouffetard street and its famous market, where various restaurants and bars welcome locals and tourists alike. One of the must-sees of Paris, this neighborhood is an integral part of the city. In addition, the famous Henri IV and Sorbonne Universities are only two steps from the flat, as well as the infamous Jardins du Luxembourg: a 25 hectare green area with fountains, statues and flowers. A buy to let residential investment with solid rental return: up to + 3,6% if rented for 1500 euros per month. The 5th district is very sought after for short-term rentals as Mouffetard street is very exclusive and such proximity to the Saint Germain neighborhood is very desirable. Another financial advantage of this opportunity is capital growth, with the 5th district experiencing an increase of 10%. The rental demand in that district is very high thanks to its geographical situation, the universities within walking distance, and for the truly unique ambiance. Furthermore, the land tax is very low at a mere 360 euros year and co-ownership charges are only 270 euros per quarter. Investment points High capital appreciation in 2006: +10% High rental demand: universities, Latin Quarter Low land tax: 360 Euros per year Ready to move into apartment: renovated to new Renovation works for interior of the building paid Saint Jacques
France, Paris / Ile de France, Paris 5eme

One Bedroom 52m2 to 52m2 - 456750 to 456750 euros
CLASSIC PROPERTY
EXPECTED RENTAL INCOME UP TO 3.6%