Appartement en viager libre à Paris 16eme

PARIS 16th Metro: Michel-Ange Molitor STUDIO: 14.95 m² VACANT LIFE ANNUITY SALE (*Viager libre*) Single life (female, 77 years old) Reference market value: €140,000 -> UPFRONT PAYMENT (*Bouquet*): €81,200 (incl. €11,200 agency fees) -> MONTHLY ANNUITY: €450/month This studio has several advantages: 1) It is on the ground floor but is bright thanks to a large double-glazed window; 2) There are facing buildings, but since the complex is set well back from the street, neighbors and passersby are at a distance; 3) It is close to 15 m² in size, but with a ceiling height of 2.86m, you could install a loft bed or even a mezzanine level; 4) The kitchen area is in the entryway, avoiding wasted space; 5) It is part of a 103-unit complex with a lovely interior garden, so service charges are minimal; 6) It is sold as a "vacant life annuity" (*viager libre*), which is effectively the same as a standard sale but much cheaper upfront, as part of the price is paid via a lifetime annuity (a form of vendor financing); The downsides? A bit of street noise, a macerator toilet (common in 1960s studios), and a kitchenette that needs replacing... That’s it. You have all the details—now you just need to see it! -> Notary fees: €11,200 -> Service charges: €66/month (heating included) -> Property tax: €282/year -> Rental potential: €700 (including €30 in service charges) Contact P.-M. Descamps: +33 6 09 02 21 27