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Montpellier
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Investment Opportunity: Saint Jean real estate agency presents a 2-bedroom apartment located in Mas Drevon, on the 2nd floor of a well-maintained building from the 1960s. The layout is functional, with a balcony offering unobstructed views and peace and quiet at the end of a dead-end street. The property also includes a cellar. It features central heating, with annual charges of 1604 &euro and property tax of 1253 &euro. The same tenant has been in place since 1998, with a monthly rent of 658 &euro excluding charges of 60 &euro. In terms of pricing, the property's current rental income and a long-term tenant provide a stable source of return for investors. The property's advantageous location in Montpellier and the amenities it offers make it a valuable investment at the listed price of 162,000 &euro.