ANNEMASSE/GAILLARD, GREATER GENEVA AREA - Portfolio of 6 Pri
PREMIUM PARKING INVESTMENT - TRAM 17 DIRECT LINE TO GENEVA
HOMEY presents a rare and secure investment opportunity: a portfolio of 6 private lock-up garages, all strategically located along the Rue de Genève corridor between Annemasse and Gaillard, directly on the Tram 17 line running to Geneva. A sector where parking demand structurally and permanently exceeds supply, driven by a captive audience of cross-border commuters using the tram on a daily basis.
WHERE IS THIS LOCATED?Annemasse and Gaillard are two French towns located directly on the Swiss border, immediately adjacent to Geneva. The Rue de Genève is the main arterial road connecting France to Switzerland in this area, used daily by tens of thousands of cross-border workers commuting to Geneva. The Tram 17 (operated by Geneva's public transport network TPG) runs directly along this corridor, connecting Annemasse to Geneva city centre in approximately 25 minutes. This makes parking along this route an extremely sought-after commodity.
THE 6 GARAGES IN DETAIL:
Box 1 - Résidence Le Richelieu, Gaillard: 15. 72m2 - Underground - Remote control access
Box 2 - Les Marronniers, 136 Rue de Genève, Gaillard: 13. 26m2 - Underground - Electricity + power socket - Remote control access
Box 3 - Résidence Le Parc du Châtelet, 105 Rue de Genève, Gaillard: Underground - Electricity + power socket - Remote control access
Box 4 - Résidence Le St James, 51 Rue de Genève, Annemasse: 16m2 - Underground - Remote control access
Box 5 - Résidence L'Orée du Parc, 9 Rue de Genève, Annemasse: Underground - Remote control access
Box 6 - 25 Rue du Parc, Annemasse: Ground level - Direct access
Average size: 14 to 16m2 per boxAccess: individual remote control for each garage
ACQUISITION CONDITIONS:Individual purchase: EUR37,000 per boxPartial portfolio: 2, 3, 4 or 5 boxes availableFull portfolio of 6 boxes: contact us for a bulk offerComplete flexibility in how you structure your acquisition
THE NUMBERS THAT MATTER:Market rent: EUR150/month per boxAnnual rental income: EUR1,800/box/yearGross yield: 4.9% per boxTotal annual income (full portfolio): EUR10,800/yearRunning costs: near zero (no energy rating required, minimal maintenance)
WHY THIS IS A RARE INVESTMENT OPPORTUNITY:
Strategic location - unmatched demand:
Directly on the Tram 17 Annemasse-Geneva corridor
Rue de Genève: the main cross-border artery, used by tens of thousands daily
Permanent and structural parking demand: cross-border workers, residents, commuters
On-street parking heavily regulated and limited in this area
Captive clientele: commuters who park their car to take the tram to Geneva
Accessible and secure investment:
Entry point from EUR37,000: ideal first real estate investment
Simple property management: stable tenants, very low turnover
Near-zero running costs: net yield close to gross yield
No energy performance certificate (EPC/DPE) required: no regulatory constraints
Portfolio diversification across multiple addresses
Stable and recurring passive income
WHY INVEST IN FRENCH REAL ESTATE FROM ABROAD?French real estate offers international investors a highly stable and regulated framework:
Strong legal protection for property owners
Euro-denominated asset in a AAA-rated economy
No wealth tax on non-residents for assets below EUR1.3M
Rental income taxable in France at competitive rates for non-residents
Straightforward purchase process manageable entirely remotely
Notary system guarantees full legal security of the transaction
FOR INDIVIDUALS SEEKING A PRIVATE GARAGE:Do you live in an apartment building without parking? Do you work in Geneva and need somewhere to park your car before taking the tram? These garages are ideally positioned along the Annemasse-Gaillard-Geneva axis. Secure remote-controlled access, underground protection from the elements, available individually from EUR37,000.
FOR FIRST-TIME INVESTORS:A lock-up garage at EUR37,000 generating EUR150/month is the id
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