Life annuity Apartment
Paris 18th Clignancourt

Four-room apartment in OCCUPIED LIFE ANNUITY MAN WITH 76 YEARS OLD PARIS 18th arrondissement

Four-room apartment with commanding view over the Clignancourt park, bright and sunny.
Very classic layout: entrance, round living room, dining room, two bedrooms including one in a round shape, a bathroom with shower, well-equipped and functional kitchen.
Its strengths: location protruding onto the square, very quiet, EAST-WEST crossing with a lovely living room, no vis-à-vis, balconies. In perfect condition. The seller enjoys a good retirement, which allows him to maintain his apartment perfectly.
Elevator, intercom, communal heating.
A furnished service room on the 7th floor under the attic and a basement cellar complete the property.
DPE: D - Termites: RAS - Asbestos: RAS
Free value:
Full ownership value estimate: €1,200,000 for 104.18 m², or €11,518/m².

Charges:
Property tax 2025: €2,215
Annual charges amount: €6,000 including VAT
No major work planned by the co-ownership in the next 5 years.
New electrical panel and all installations checked by an electrician.

Terms of occupied life annuity sale:
Man alone, 76 years old (03/12/1950).
Lump sum: €500,000 + agency fees €50,000 including VAT = €550,000
Monthly annuity: €1,500 indexed annually to the IRL

OR

Lump sum: €380,000 + agency fees €50,000 including VAT = €430,000
Monthly annuity: €2,500 indexed annually to the IRL

Statistical life expectancy: 10 years (INSEE tables) to 15 years (FFA tables) – average: 13 years.
Tax and charges allocation: legal allocation
• Credit buyer: residence tax and current maintenance charges
• Debtor: property tax and major works art. 605, 606 C. civ.

No information available