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Apartment - For Sale - Rueil Malmaison, Ile-de-France, France
Ref: 00000972 €371,000
   
Rueil Malmaison 2 Rueil Malmaison 92500  
Rueil Malmaison, Ile-de-France, France
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Bedrooms: 2

Charming western suburb of the city of lights, discover this beautiful first floor apartment in a modern 1960?s building with unobstructed views, located only a few steps from the town centre of Rueil Malmaison. The apartment has beenCharming western suburb of the city of lights, discover this beautiful first floor apartment in a modern 1960?s building with unobstructed views, located only a few steps from the town centre of Rueil Malmaison. The apartment has been recently renovated to new including electricity, windows and hard wood floors. The southerly exposed lounge overlooks the garden where an area is reserved for children to play. The apartment boasts a separated fully equipped kitchen, a bathroom with bathtub, and two dressings, one in the corridor and another one in the master bedroom. The apartment is very well decorated; each room has its own unique atmosphere with a specific colour. This is an amazing investment as the sale price includes all furniture, which adds greater value to the apartment and makes for an easier let when renting I out. A cellar and a parking space come with the apartment as well. Maintenance will take care of the up-keep of the garden and sand plots as well as keeping the recently renovated common areas tidy like in the bike shed. At 3 kilometres away from the business centre of La Defense and 8 from Paris, Rueil Malmaison offers a very good geographical location. In addition, the vibrant suburb hosts many flagship companies such as Arval and American Express. The area is residential and offers excellent access to all commodities. The apartment is only at 10 minutes walking distance from the centre of Rueil Malmaison and a few steps away from the RER commuter train station. One monument, which has to be visited, is the 18th century castle of Rueil Malmaison that was purchased by Josephine Bonaparte, Napoleon?s wife, where she spent many years and where her life ended. This buy to let residential apartment is a fantastic pure investment opportunity as the rental yield is very high: 4.5% if rented furnished for 1400 Euros per month with a one-year lease. The co-ownership charges are very low, around 150 Euros per month heating and hot water included and the land tax is very low too: 700 euros a year. The capital appreciation in Rueil Malmaison has increased by +13.6% from November 2005 until today. The rental demand in this town is consequent as many families are looking to live there. Investment Points Very low co ownership charges Recently renovated to new Sold with furniture: better value High rental income expected: +4.5% High rental demand: predominantly families High capital appreciation: +13.6% Rueil Malmaison 2
France, Paris / Ile de France, Rueil Malmaison

Two Bedrooms 58m2 to 58m2 - 371000 to 371000 euros
CLASSIC PROPERTY
EXPECTED RENTAL INCOME UP TO 4.5%
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Exchange rates 1 € = 1.26313 $ 1 € = 0.86300 £
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