Investing in rental property is often synonymous with financial peace of mind once you retire. This type of investment allows you to build up real estate assets as well as additional income through rents. Some tracks.
Between the new and the old, the real estate tax exemption systems are distinct, but to face the constraints imposed by the real estate laws, it is better to favor the first option to ensure the profitability of its investment in the long term. A significant tax reduction is also favorable in this regard. In addition, a new home offers several financial advantages. On the one hand, it allows you to benefit from construction insurance for the first 10 years. The materials used are also modern and less energy-intensive, making it possible to enhance its heritage when it is resold. As for the second option, it is often necessary to provide for renovation work, and therefore an additional budget. As a result, the financial income evolves and takes place according to your real estate projects.
The retirement age has now been raised to 62. It is therefore possible to anticipate the loss of income 15 or 20 years in advance. In addition to life insurance and the livret A, rental property investment is a reliable and effective investment. It allows you to build up both assets to pass on to loved ones, as well as additional income in the form of an annuity. The rental investor also benefits from tax exemption on his rental income in relation to his status, like the LMNP regime or non-professional furnished rental company. Financial profitability can thus be beneficial. To this end, the monthly rents that the investor receives can, among other things, finance other investments or meet his personal expenses.
The success of a rental real estate investment project depends on the choice of the location of the property. It is therefore necessary to favor a dynamic, attractive city with high rental demand. A young, cosmopolitan city with a constantly growing population, Montpellier is an attractive location for this type of investment. A real estate program in Montpellier is currently made up of individual buildings in pretty neighborhoods, while the south of the city is more intended for relaxation and holidays. It is then necessary to choose a location where real estate actions can find light, in other words, to revise your real estate approach to take advantage of it.