Investment Opportunity in Avoriaz

Are you on the lookout for a rental property that offers stable returns? Look no further than this investment opportunity in Avoriaz. This property, located in the Haute-Savoie region of the Rhone-Alpes, is ideal for investors who want a hassle-free investment with management already in place.

Property Details

This rental property is situated in the Avoriaz-Morzine area, part of a co-ownership setup. It consists of 204 lots and features certified measurements of 66.00 m² in compliance with Loi Carrez. This measurement is critical for anyone investing in real estate in France, as it provides official square footage for the property.

Annual Costs and Charges

Understanding the financial aspects of a property is essential. The average annual charges for this property are manageable. The managing company is responsible for covering rental charges related to the co-ownership. However, you will need to account for the management fees and the ALUR contribution, as specified in the lease. These costs are important in calculating your potential return on investment.

Management and Financial Status

When considering a property investment, the financial health of the managing company is often a concern. In this case, the management company is not facing any financial difficulties. This aspect adds a layer of security for investors, ensuring that the property is maintained properly and that the rental income stream remains stable.

Tax Implications

This property is sold under the French ‘LMNP’ (Loueur en Meublé Non Professionnel) tax scheme. This scheme can provide beneficial tax advantages for investors who qualify, meaning you can optimize your tax situation when it comes to rental income.

Additional Information

In terms of additional costs, note that notaire fees will apply. These fees are typically associated with the purchase of real estate in France and can vary depending on the purchase price and other factors. It’s advisable to budget for these costs when making your investment calculations.

Contact for More Information

If you are interested in learning more about this rental property or other real estate opportunities in the Rhone-Alpes region, feel free to reach out. Having access to comprehensive details about properties for sale in this picturesque area can provide you with a clear view of your investment potential.