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Transfer of an Emphyteutic Lease.
Located on the front line of the Vieux Port, at the corner of Quai Rive-Neuve and Place aux Huiles, this bright and spacious duplex offers exceptional panoramic views of the Vieux Port.
Highlights:
• Total area: 159 m²
• Flexible layout: Can be used as a large duplex or divided into two independent apartments.
• Possible uses: Primary residence or office space for a liberal profession.
Property Description:
On the 2nd floor (81 m²):
• Loft-style living space with three open areas:
• Living room with a balcony overlooking the Vieux Port
• Living-dining area with a balcony facing Place aux Huiles
• Large bedroom with an open bathroom
• Sanitary facilities with ample storage and a separate WC
• Central staircase leading to the upper floor
On the 3rd floor (78 m²):
• Entryway, living-dining room, and two balconies with views of the Vieux Port and Place aux Huiles
• Fully equipped kitchen
• Two bedrooms, a dressing room, a bathroom, and a WC
Additional Information:
• Emphyteutic Lease: Annual rent of €1,200, lease expiration on September 29, 2034, offering 9.5 years of occupation remaining.
This property is ideally located to enjoy Marseille’s cultural and leisure offerings while being adaptable to various lifestyles and projects.
Contact Information:
Get in touch now to arrange a viewing and learn more about the transfer conditions for this unique property.
What Is an Emphyteutic Lease?
An emphyteutic lease is a long-term real estate agreement with a minimum duration of 18 years and a maximum of 99 years.
It separates ownership rights between the tenant (called “emphyteuta”) and the landlord (called “trefranc”).
The tenant has significantly extended rights compared to traditional leases, almost akin to ownership.
The tenant may improve the property, undertake construction, and has the right to mortgage or sublease it.
Key Points:
• Annual Fee: The tenant pays an annual fee (emphyteutic rent), often symbolic.
• Responsibilities: The tenant is responsible for all charges, major repairs, and property taxes.
• End of Lease: Upon expiration, the full property, including improvements, returns to the landlord.
Important:
• The lease cannot be tacitly renewed. A new agreement must be signed between both parties.
• Judicial termination of the lease may occur if the tenant breaches contract terms or causes serious damage.
Don’t miss this exceptional opportunity to own a unique piece of Marseille’s iconic Vieux-Port!
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