House for sale in Haute-Savoie (74), France

• Ski

**Lifestyle Purchase/Potential Rental Income:** The property is a three-bedroom apartment that provides ample space for a small family or individual. The flat is situated in a secure building, offering a safe and comfortable living environment. The location near the beach and town center makes it ideal for vacation rentals, ensuring a steady stream of potential tenants. Renters could enjoy a lively beach lifestyle, while also being close to amenities such as shops, restaurants, and public transportation. **Real Estate Investment Perspective:** - **Cash Flow:** The property generates a net yield of approximately 7.9% based on the price and annual rent, making it attractive for real estate investors seeking current earnings. - **Potential Appreciation:** The property's proximity to the beach and town center positions it for long-term appreciation. Increases in property values are likely, driven by rising demand for housing in these sought-after areas. - **Risk Management:** The steady income from rent allows for some buffer against market volatility and potential voids between tenants. **Buyer Considerations:** - **Cash requirements:** A 30% down payment would be needed for this purchase, leaving a mortgage debt of approximately €126,000. The buyer should ensure they have sufficient liquid savings to cover upfront costs and ongoing expenses. - **Tenant screening:** Any property investor in Thon les Bains should be prepared to thoroughly screen potential tenants due to the transient nature of the area. - **Seasonality:** The summer months will likely attract more renters, but the off-season might bring lower occupancy rates and slower rent growth. This should be factored into the investment decision-making process. **Property Highlights:** - Perfect balance of proximity and tranquility, just 5 minutes from the beach and town center - Secure building with additional safety features - Apartment layout allowing for flexible furnishings and decorations - Potential for renovations to increase value **OUR OPINION:** This property offers an excellent opportunity for a buyer seeking a lifestyle investment in a sought-after destination. The potential returns on investment, while seasonal, can provide a healthy yield. The location's popularity ensures a steady flow of tenants, which should mitigate some of the inherent risks involved in investing in a seasonal area. We highly recommend this property to those well-versed in the French rental market or seeking to diversify their portfolio with a unique holiday home investment. However, caution is advised due to the local cyclical nature of the rental income.