Investment Opportunity in Courselles-Sur-Mer

If you’re on the lookout for a rental property that offers a consistent return, this listing in Courselles-Sur-Mer could be a noteworthy option. This property is situated in a well-known area in Calvados, Normandy, providing a solid base for potential investors. It comes with management already in place, streamlining the process for anyone looking to jump into the rental market.

Property Overview

This rental unit is part of a co-ownership setup, where the property itself consists of 102 lots. The certified measurements under the Loi Carrez indicate a size of 28.91 square meters. This standardized measurement holds value for potential buyers as it ensures that the property’s size is documented according to French law. Investors will find this aspect particularly useful when calculating rental yields and property investments.

Management and Charges

The current management company handles most of the rental charges related to the co-ownership, which means less hassle for you as an investor. The main expenses you’ll need to account for are management fees and the ALUR contribution. These are specified in the lease, and understanding them upfront allows for better financial planning.

It is also noteworthy that the management company is not under any financial difficulty, which is a positive aspect for maintaining the property’s condition and ensuring smooth operations. Financial stability in management can lead to reliable service and upkeep over time, which is essential for maintaining rental income.

Tax Considerations

This resale property falls under the French ‘LMNP’ (Loueur en Meublé Non Professionnel) tax scheme. This classification is beneficial for investors, as it allows for certain tax advantages when renting out furnished properties. Investors should consult with a financial advisor to fully understand the implications and benefits of this classification for their specific situation.

Financial Details

Keep in mind that notaire fees are applicable and are considered separate from the sale price. These legal fees can vary, so it’s wise to factor those into your budget when considering this investment opportunity. Transparency about associated costs is crucial for potential investors, as these can affect overall profitability.

Contact Information

If you’re interested in this rental property in Courselles-Sur-Mer, or if you’re looking for more details on properties for sale in Normandy, feel free to reach out. Our team is here to assist with any inquiries you may have and provide guidance on making informed investment decisions in the real estate market.