Flat - Courbevoie

• Asset type: Flat
• Area: Courbevoie
• Floor area: 39.2 sq m
• Reference: 212665
• Price incl. agency fees: €201,400

REVAA is offering for sale, as a buy-to-let investment, a 2-room flat of 39.20 sq m (Carrez law) sold with a sitting tenant, on the fourth floor with lift of a building on Avenue de la Liberté in Courbevoie, in the heart of the Bécon-les-Bruyères district.

The property is sold occupied. The flat is let unfurnished to a tenant in place since 1 January 1986, under a residential lease governed by the law of 6 July 1989. The current rent is €374.49 per month, i.e. €4,494 per year. The tenant enjoys enhanced protection under Article 15-III of the law of 6 July 1989. The buyer takes over the existing lease.

The flat, to be entirely renovated, has no bathroom. The current rent is far below market rents in Courbevoie (around €26 to €30 per sq m per month), offering strong potential for a rent uplift in the long term.

It will suit a long-term investor who favours a discounted purchase price and long-term value growth over immediate yield (approximately 2.2% gross on the price incl. agency fees).

The area: Bécon-les-Bruyères is a residential and commercial district of Courbevoie, on the edge of Paris and La Défense. Shops, markets, schools and services are right on the doorstep.

Transport: Bécon-les-Bruyères station (Transilien line L) is very close by and reaches Paris Saint-Lazare in about ten minutes. The La Défense business district is quickly accessible.

Two other let 2-room flats (lots no. 33 and 45) are also offered for sale in the same building.

Price: €201,400 incl. agency fees, i.e. €190,000 excl. agency fees. The agency fees of €11,400 incl. VAT, i.e. 6% of the price excl. fees, are payable by the buyer. Co-ownership property. EPC in progress.

Information on the risks to which this property is exposed is available on the Géorisques website https://www.georisques.gouv.fr