Nue Property: Village house occupied by a 72 year old man, bouquet without income, in the center of COGOLIN (83)
About 200 sqm, 2 bedrooms, 4 shower rooms
Investment in picturesque village in the south of France, 20 minutes from SAINT-TROPEZ. Old stone house completely renovated on 4 levels, it overlooks the street with a commercial lease on the ground floor, with picture windows. Open on a double desk and additional rooms, toilets. An open staircase leads to the other levels, where large spaces have been converted into living rooms, with on the first: living room with play area, shower room and WC, covered terrace. On the second: living room, open kitchen, terrace with view (west). In the third: 2 bedrooms, one with shower room and WC, and one with bath and dressing room. Laundry room, separate WC, access to the attic. Air conditioning at each level.
For 35 years the owner has been renovating and developing this property with high-end services and a refined taste. Located close to shops, 10 minutes from the sea, 15/20 minutes from the beaches (Sainte-Maxime, La Croix Valmer, Port Grimaud ...) and 35 minutes from the motorway, this is a risk-free investment in the upscale region.
Sale in bare ownership: the seller keeps the usufruct for his life; there is therefore no possibility of rent creation, no early release before his death, and he keeps in charge the property tax as well as all the works concerning the house. You pay the bouquet and the notary fees, and you will recover the enjoyment of the property after the death of the seller.
Market value: € 800,000
Bare Property: 445,000 €
Calculations on a head 72-year-old man
For more information, contact Ms. GIULIANI at 06 14 10 43 78