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  • Ref. 3127791
  • 166,860 €

Property investment with guaranteed income in the heart of Menton

This apartment is an excellent investment: superb location in the heart of Menton - French Riviera.

Location: Menton is 35mns from Nice airport next to the border with Italy. It is just across from the Ligurian town of Ventimiglia. It benefits from a microclimate and superb exotic gardens. Menton is touristy and renowned for its slow pace of life, favoured by families and older generations.

The résidence 3* Les Citronniers is only 300m to the beach, in the town centre and close to the harbour. It has 76 apartments are furnished, equipped and have air-conditioning.

The apartment:

- 108: 24.94m2 with balcony of 2.9m2. Underground parking. Furnished. Price: 166,860 euros

Leaseback contract until 31st December 2023 with Pierre & Vacances. Guaranteed rental income of 8637 euros or 5.07%

No coownership charges when under leaseback. Taxe Foncière: 535 euros per year

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