Special Investor Opportunity
AIX-EN-PROVENCE - LA ROTONDE - STUNNING 1-BEDROOM APARTMENT IN A 4-STAR HOTEL RESIDENCE - FIXED-TERM ODALYS LEASE
Located just steps from La Rotonde and the city center of Aix-en-Provence, discover this 355 sq. ft. (33 m²) apartment situated within a 4-star hotel residence managed by the Odalys Group.
Fully renovated, the apartment boasts modern, high-quality finishes. It also features an exceptional private terrace of 355 sq. ft. (33 m²) and two parking spaces, each approximately 140 sq. ft. (13 m²).
This property is being sold as a secure rental investment with a renewed commercial lease with Odalys starting May 1, 2024, for a fixed term of 10 years, ending April 30, 2034.
**Rental Terms:**
- **Annual Contractual Rent:** €15,478 net
- **Net Yield:** Approximately 5.7%
- **Fixed 10-Year Commercial Lease**
- **Rent Indexed to the Commercial Rent Index (ILC)**
- **Property Tax Covered by Odalys**
- **Fully Managed Rental Operations by the Operator**
- **No Direct Vacancy Risk for the Owner**
The current rent includes a temporary surcharge of €1,033 per year, implemented as part of agreements related to the Covid period. After 7 years, this surcharge will be removed. However, rent indexation to the ILC during the lease term may mitigate its impact.
The residence, fully renovated and operated as a 4-star hotel residence, enjoys a highly sought-after location in the heart of Aix-en-Provence.
This is a high-quality investment opportunity, ideal for a buyer seeking a prime real estate asset, regular contractual income, and fully delegated management.
**Sale Price:** €290,000 (excluding agency fees)*
*Agency fees not included: 6% VAT included
Complete file, commercial lease, and financial details available upon request.
