ORMES – OCCUPIED LIFE ESTATE House with garden and garage in a sought-after residential area In Ormes, in a prime location, discover this detached house offered as an occupied life estate with two beneficiaries (man aged 84 and woman aged 82). Located on a quiet, residential street with no overlooking neighbors, just minutes from shops and close to all amenities, this property represents a valuable opportunity in a highly desirable environment. Property Description This 137 m² habitable house sits on a fenced and landscaped plot of 733 m². It comprises: A spacious bright living room of 51 m²; A separate kitchen; Three bedrooms; A utility room; A toilet; A bathroom; A large private garage of 45 m² with convertible upper level. The boiler was replaced in 2023 and the property is well-maintained by its current occupants. Life Estate Financial Terms Man: 86 years old Woman: 84 years old Statistical life expectancy: 11.1 years Free market value: €320,000 Occupancy discount: 38.9% Lump sum payment: €100,000 Monthly annuity: € Agency fees included: €14,000 Occupied value: €195,520 This acquisition allows you to become owner of a property valued at €320,000 with progressive financial commitment and a substantial discount linked to the right of use and habitation retained by the sellers. Benefits of an Occupied Life Estate Purchase at a discounted price compared to free market value Progressive building of real estate wealth Residential area with strong rental and investment demand No rental management during the occupancy period Socially responsible investment Long-term appreciation potential Distribution of Expenses The seller retains a Right of Use and Habitation (DUH) for life. Seller's responsibilities: Routine maintenance of the property; Current charges; Waste collection tax. Buyer's responsibilities: Property tax (excluding waste collection tax); Major repairs as defined by Article 606 of the French Civil Code. Early Release Clause In the event of the seller's early departure (retirement home or otherwise), the buyer immediately regains full enjoyment of the property and may then occupy it, rent it, or resell it. The annuity will then be adjusted in accordance with the provisions set out in the notarial deed. A Secure Wealth Investment A life estate is an authentic contract established before a notary. The buyer becomes owner upon signing the deed and benefits from all legal guarantees attached to real estate ownership. Complete file, detailed life estate study, inspections and viewing available upon request.