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Montpellier
For Sale, Montpellier, Estanove, Rental Investment, T3 of 66 sqm with balcony and closed garage in the basement, sold rented! On the 1st raised floor of a renovated and secure residence, in immediate proximity to shops, major roads, 1min walk from bus stop line 11, 18min walk from Tram (line 3 "Les Arceaux") and 15min drive from the center of Montpellier. Well renovated and bright, this apartment includes: entrance, living room of 18sqm with balcony of 3sqm, independent fitted and equipped kitchen, shower room with access to loggia/laundry room, separate toilet, corridor with cupboard and two beautiful bedrooms (11 and 13sqm) with built-in wardrobe. Quiet, green view over the communal gardens, narrow garage of 14sqm (ideal for motorcycle or storage) with possibility of parking in front, double glazing PVC, individual electric heating and hot water, fiber optic. Very good general condition. Sold rented: rent 800€/month, including 78€ charges, 3-year lease started on October 9, 2018. Estimated annual energy expenses for standard use: 780 to 1110€/ year. Average energy prices indexed (subscription included). Property subject to the status of the condominium comprising 38 residential lots. Average annual amount of the forecast budget share to be paid by the seller: 1322€. No legal action underway under articles 29-1 A and 29-1 of law n° 65-557 of July 10, 1965 and article L. 615-6 of the CCH. Your main contact: Olivier Bihi, manager of the Cimm immobilier Montpellier agency. Fees payable by the seller - Average amount of the share of current charges 1,080 €/year - Estimated annual energy expenses for standard use: 780€ ~ 1110€ - Rcs - Qbe guarantee fund. Thoughts on the price: The asking price of 159,000€ for this property in Montpellier seems reasonable considering its location, amenities, and the fact that it is already rented out, providing immediate rental income for the buyer. Additionally, the property is in good condition and offers a garage, balcony, and a peaceful view of the communal gardens, making it an attractive investment opportunity.