Rare opportunity: a life annuity occupied without payment of annuity! Charming apartment to modernize, Lamarck-Caulaincourt district

Located in the heart of the popular Lamarck-Caulaincourt district, this apartment full of potential offers you a unique opportunity to acquire a property at a very discounted price. Installed on the second floor of a beautiful Haussmann building, it is distinguished by its generous volumes and its old-world charm.

With a surface area of ​​87.31 square meters, this apartment consists of an entrance, a bright double living room with two balconies, a fitted independent kitchen, two beautiful bedrooms with balconies, separate WCs and a bathroom equipped with a bathtub and a shower. You will appreciate the generous ceiling height of 2.90 meters, as well as the period details such as the moldings and the Hungarian point parquet flooring.

Sold as an occupied life annuity WITHOUT ANNUITY, this means that the Sellers reserve the right of use and habitation until the death of the last survivor. The buyer will be responsible for paying the property tax as well as non-recoverable charges.

For beginners, here is a brief overview of how occupied life annuity works: the Buyer acquires bare ownership of the property while the Sellers (a couple whose average age is 79 years) continue to occupy it until the end of their lives. Once the last occupant dies, the buyer becomes full owner of the property. This form of sale has certain financial advantages, in particular an attractive acquisition price, but requires a good understanding of the specific terms of the life annuity. (2.50% fees including tax payable by the purchaser.)

This property is presented by Immopolis. Find out more about our 5 real estate agencies in Paris.