Occupied life annuity in Saint-Max – 80 m² 3-bedroom apartment with garage and two balconies

A PROPERTY VALUED AT €149,000, WITH AN INITIAL PAYMENT OF €49,900 (FEES INCLUDED). What if your savings allowed you to acquire an apartment near Nancy without taking out a traditional mortgage? In Saint-Max, in a quiet and well-maintained residence, this approximately 80 sq m (861 sq ft) 3-bedroom apartment is offered as a life annuity (viager occupé) occupied by an 82-year-old woman. A wealth management solution to diversify your savings and invest in real estate differently. FINANCIAL CONDITIONS • Estimated market value: €149,000 • Initial payment, fees included: €49,900 • Monthly life annuity: €352 Acquisition costs are calculated based on an occupied value of €85,336, not €149,000. Their calculation basis is therefore approximately 43% lower than that of a conventional purchase of the same value. A WELL-LAYOUT APARTMENT Located on the first floor, it comprises an entrance hall, a living room opening onto the dining room, a separate kitchen, two bedrooms (one with a built-in wardrobe), a shower room, and a storage room. A cellar, a garage, and two balconies complete the property. Accessible from all rooms, the balconies provide light and outdoor space. The triple-glazed PVC windows have recently been replaced, and the electrical panel has been updated. DISTRICT HEATING AND UTILITIES Connection to the Greater Nancy district heating network is nearing completion and could help to better control heating costs. Current utility charges amount to approximately €300 per month, including cold water and heating. Based on the allocation of these charges, the buyer's share is estimated at approximately €65 per month. This estimate does not include any potential increase after the district heating network is operational. A WEALTH MANAGEMENT STRATEGY WITHOUT PROPERTY MANAGEMENT. The seller retains her right of use and occupancy. The buyer gradually builds a real estate portfolio without tenant searches, vacancies, or day-to-day management. This acquisition may be suitable for someone with savings of less than €50,000 who does not wish to seek traditional bank financing. After the initial payment, the financial burden rests primarily on the monthly annuity, supplemented by the remaining costs borne by the buyer. There is no debt agreement, no bank interest, and no loan-related fees. However, the buyer must be able to afford the annuity payments for the lifetime of the annuitant, as well as any potential indexation. A DISCOUNT ON ASSETS TO CONSIDER. For illustrative purposes, based on current amounts: • initial payment: €49,900 • ten years of annuity: approximately €42,272 • ten years of estimated residual charges: approximately €7,800. The cumulative investment would reach approximately €99,972 after ten years, for a property currently valued at €149,000. This simulation does not take into account the actual duration of the life annuity, the indexation of the annuity, changes in charges, exceptional repairs, or the local market. It does not consider any potential changes in the property's value in Saint-Max, near Nancy, or the availability of transportation, shops, and services. The best real estate investments are sometimes those that are carefully planned. Contact me to discuss this valuable and personal opportunity.


Number of units in the condominium: 34. Average annual share of expenses (estimated budget) (of which €272 is recoverable from the seller/annuitant): €3,885, or €323 per month. 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.

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