Description

SAINT-GILLES – PARVIS DE SAINT-GILLES. In a superb Haussmann-style building, beautiful apartment of approximately 84 m² (according to the EPC), composed as follows: entrance hall, laundry room (washing machine included), pleasant living room with wooden flooring and high ceilings, giving access to a front-facing balcony. Dining room with fully equipped kitchen (Smeg refrigerator, oven, dishwasher) and access to a terrace (currently shared). Two adjoining bedrooms of approximately 9 m² and 12 m², as well as a bathroom with WC. Double glazing throughout. Individual gas heating. Individual charges (gas, water, and electricity). Common charges of approximately €125/month (details pending from the building’s property manager). Property tax: €940.14 per year. The apartment is currently rented under a 9-year lease (from January 1, 2023 to December 31, 2032), with a non-indexed rent of €950 per month excluding charges. Six months’ notice possible in case of owner occupation.

REMARKS

• 10 units – 4 co-owners. One of the co-owners owns 88% of the building (he resides there and rents out certain apartments).

• Left-hand side and right-hand side of the building (the apartment is located in the right-hand section).

• Working capital: approximately €125/month.

IMPORTANT: Following an accident in 2023, it is currently no longer permitted to use the lifts via the front balconies.

Access must therefore be made via the stairwell.

In addition, the entrance door cannot be opened via the intercom system. Occupants must go downstairs to open the door. This has been a decision of the co-ownership for over 40 years.

WORKS TO BE EXPECTED

Lift

The lift is listed as a historic feature. The works will be carried out in three phases, with the first phase starting in 2027.

Estimated budget per apartment: between €6,000 and €8,000 maximum (upper estimate).

Front balcony

Following an accident in 2023, a legal and organizational procedure is underway to modify the front-facing balconies. These will no longer be in stone but replaced by wrought iron balconies with a height of 1.20 m.

Architect: LOAS (Chaussée de Forest).

Estimated budget per apartment: approximately €10,000 (including architect and engineer studies, contractor, etc.).

Timeline: 4 to 8 years.

WORKS COMPLETED

• 2025: New intercom system installed.

• 2024: Repair works and masonry on the rear façade.

CO-OWNERSHIP SHARES ATTACHED TO THE APARTMENT

The apartment includes the following rights in the common parts:

• General common parts:

  364 / 1,000

• Special common parts – stairwell and stairs, lift shaft and lift:

  50 / 1,000 (included in the 364 / 1,000 above)

• Special common parts – front façade:

  361 / 1,000

• Special common parts – rear façade:

  361 / 1,000