house for sale Revel, Haute-Garonne

€ 63.000

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2room duplex apartment, 52.35 m² – Top floor – High rental potential. Located in the town of Revel (31), on the top floor of a small, selfmanaged condominium of only 7 units (unit no. 6), this 2room duplex apartment presents a rare opportunity for individuals or investors. With a living area of 52.35 m² (45.59 m² under the Carrez Law), the property benefits from a southfacing aspect, a shared storage area of approximately 20 m², and a prime location, close to all amenities: schools, shops, medical services, and public transport. Parking is readily available (free in the town). Eligible for the Denormandie scheme. Property Description: The apartment comprises: • A bright living room/kitchen of 25.5 m². • A 3.32 m² hallway • A 13.14 m² (Carrez law) attic bedroom with authentic charm and exposed timber frame • A 3.63 m² shower room space. The entire property requires complete renovation: joinery, creation of living spaces, shower room, kitchen, insulation; offering total design freedom. Individual and collective water and electricity meters are in operation. Eligible for the Denormandie tax incentive scheme: (Renovation of older housing: this allows an investor who buys a property to renovate and rents it out longterm to benefit from a tax reduction of up to 21% of the property price, in exchange for a rental commitment of 6, 9, or 12 years. The work must represent at least 25% of the total cost of the operation and be carried out by professionals). This scheme is particularly wellsuited to projects with high rental potential, combining renovation, tax optimization, and the creation of asset value. • For this apartment: price €63,000 + €22,000, it will be at 25.88% and therefore eligible. This allows for a tax reduction of €10,200 over 6 years / €15,300 over 9 years or €17,850 over 12 years. Advantages • Very high rental yield: estimated rent up to €600/month • Extremely low condominium fees: € ([[please use the form to respond ]]) year • Quotes for work already obtained from professionals, for a total amount of approximately €22,000 to €23,300 including VAT. • Eligible for the Denormandie tax incentive scheme, subject to conditions. • Small, wellmaintained, and selfmanaged condominium, with two owners living onsite. • Top floor, duplex, southfacing: highly soughtafter features. Conclusion: A property with strong potential, ideal for an optimized rental investment, combining low running costs, potential tax benefits, and appreciation after renovation. A great opportunity not to be missed. Number of units in the condominium: 7. Average annual share of expenses (estimated budget) (common areas + waste management): €189, or €15 per month, with a volunteer property manager. The fees are payable by the seller.Les informations sur les risques auxquels ce bien est exposé sont disponibles sur le site Géorisques : www. georisques. gouv. fr.** ENGLISH SPEAKERS: please note that Capifrance has an international department that can help with translations. To see our range of 20,000 properties for sale in France, please visit our Capifrance website directly. We look forward to finding your dream home!

property description

Franimo nr: #7247115
reference: 340931624415
region: Haute-Garonne
close to: Revel
property type: house
rooms: 2
bedrooms: not specified
surface: 52 m2
plot surface: - m2
price: € 63.000

energy consumption

≤ 50A
XXX
51 - 90B
91 - 150C
150 - 230D
231 - 330E
331 - 450F
451 - 590G

gas emissions

≤ 5A
XXX
6 - 10B
11 - 20C
21 - 35D
36 - 55E
56 - 80F
> 80G

seller

Capifrance Saunier

real estate agent: Capifrance Saunier
name: Jordan Saunier
address: 31540 Roumens France
speaks: not specified

estimated costs of this property Revel (Haute-Garonne)

This is just an example or indication, no rights can be derived from this information.To get the actual costs of this French property please fill out the form above.
Notary fees and taxes
At current selling price/ paid only once.
€ 5.828
Property tax
Estimated
Estimated between € 126 and € 441
Housing tax
Estimated
Estimated between € 126 and € 315
Insurance From 165 euro a year
Energy, depends on your consumption.
A subscription for 3KW at the EDF is about 70 € a year, in addition you pay the costs of use.
Water, depends on your consumption and can differ per municipality (ask at the municipality).
Sewerage, depends on your water consumption and can differ per municipality (ask at the municipality).
If there is no sewerage system available, check whether the current septic tank is up to standard. If not, it has to be replaced. For the placement of a new septic tank, count around 7,000 and 11,000 euros. More information about the septic tank can be found here (in French).
Heating, depends on your consumption and method of heating (wood, oil, electric, etc.).

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house Revel, Haute-Garonne, reference: 340931624415

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