Bare ownership 3 rooms Menton

Menton - Ref : Y16141

Sale of bare ownership. Men 69 years old.
A 3P flat of 64.86sqm in very good condition, with double exposure. Comprising a beautiful living room of 23.75sqm, a fitted kitchen, a utility room, 2 bedrooms with fitted wardrobes, a shower room and separate WC.
Cellar 18sqm.
* Can be financed by a loan.
* BUYING BARE OWNERSHIP allows you to acquire the property at a reduced value. This is the counterpart to the fact that you do not receive any rent during the period of dismemberment.
An investment geared towards capitalisation, with no rental risk.
* Exit at any time.
* No tax.
The usufructuary pays property tax and minor repairs.
* The bare-ownership property is not included in your property assets for the purposes of calculating property wealth tax.
* You can deduct major repairs carried out on your bare-ownership property from your other property income, even if it does not form part of your estate for tax purposes.
* Notary fees are calculated on the amount of bare ownership.