Nimes Apartment 2 Rooms 41.73 m²

Property Description

For Sale: Tenanted 1-Bedroom Apartment in the Heart of Nîmes' Historic Center - Turnkey Rental Investment

Located in the heart of Nîmes' historic center, on Rue Crémieux, discover this charming 1-bedroom apartment, currently tenanted, ideal for an investor seeking a secure, long-term rental investment.

In a well-maintained building with a service elevator, the apartment is situated on the 4th floor of a 5-story building and benefits from a prime location close to shops, restaurants, public transport, and the city center's amenities.

Property Description:

A pleasant and bright living room
A functional kitchen
A comfortable bedroom
A bathroom with toilet
Apartment in very good general condition
Double-glazed windows
Fiber optic connection
Possibility of installing reversible air conditioning

Rental Information:

Apartment sold with a tenant in place
Current rent: €580 including charges
€530 excluding charges
3-year unfurnished residential lease
Lease start date: October 22, 2024
Current lease expiry date: October 22, 2027
Immediate rental income upon acquisition

Condominium Information:

Actual annual charges: approximately €903
Approximately €569 recoverable from the tenant
Owner's share of charges: approximately €334 per year
Condominium equipped with a service elevator
Condominium fees: approximately €900 per year
No known legal proceedings Property Details

Financial Information:

Property Tax: €805/year
Annual Rent (excluding charges): €6,360
Estimated Gross Yield: 5.05%

Why Invest?

Prime location in the heart of Nîmes' historic center
Apartment already rented with a secure lease until October 2027
Immediate income without tenant search
Controlled charges
No major work planned for the building
Ideal investment opportunity to grow your real estate portfolio

For any further information or to arrange a viewing, please contact us directly.

A secure investment in the heart of one of Nîmes' most sought-after neighborhoods.
Condominium of 35 units - including 22 residential units. (No ongoing legal proceedings).
Annual charges: €905.00. Mickaël Decaillon (Ei) Sales Agent - RSAC Number: 882242704 - Nîmes.