CAEN, Upper Normandy 14000

Ideal for a turnkey investment, this 62 m2 T3 apartment is ideally located in the city center of Caen, in the immediate vicinity of the tramway and all shops. It is sold rented with a serious tenant already in place, guaranteeing immediate income with a monthly rent of 647 euros excluding charges. The condominium is healthy, with no ongoing procedures, and has annual charges of 2,600 euros, of which 1,920 euros are recoverable charges directly covered by the rental provision of 160 euros per month. This secure investment has an excellent gross profitability of 5.55 % (7.50 % fees including VAT to be paid by the buyer.) Co-ownership of 182 lots - including 79 residential lots. (Procedure in progress). Annual charges: 2600 euros.