Ideal Investors!
Advert Reference: 24394
For Sale By Agent
Agency: Selection Habitat View Agency Find more properties from this Agent€194,000 is approximately: | |
British Pounds: | £168,780 |
US Dollars: | $205,640 |
Canadian Dollars: | C$283,240 |
Australian Dollars: | A$322,040 |
Key Info
- Type: Residential (Apartment), Business (Apartment Building / Block Of Flats), Investment Property
- Bedrooms: 0
- Bath/ Shower Rooms: 0
- Habitable Size: 459.32 m²
- Land Size: 0 m²
Features
- Gîte(s) / Annexe(s)
- Rental / Gîte Potential
Property Description
In the heart of the tourist village of Montcuq-en-Quercy-blanc, come and discover this stone building with high profitability potential dating from 1783 offering 459m2, currently divided into 8 dwellings (2 apartments and 6 studios) with the possibility of creating premises commercial on the ground floor. To date, 1 apartment and 1 studio are rented respectively for €280 and €267 monthly excluding charges. The entire building requires a complete renovation, including insulation, bringing the electricity up to standard, as well as replacing the joinery. The current layout can be modified, offering the possibility of creating a single dwelling with cellars or a business on the ground floor, or 3 apartments and 5 studios. The rate of return after work is estimated at 7%. You are free to express your ideas for redevelopment. In addition, there is the possibility of setting up a small terrace of 14m2 and a roof-top with a maximum area of 57m2. This building, full of history, simply awaits your expertise to bring its many charming details from the period back to life. Don't miss this opportunity!
€194,000 is approximately: | |
British Pounds: | £168,780 |
US Dollars: | $205,640 |
Canadian Dollars: | C$283,240 |
Australian Dollars: | A$322,040 |
Location Information
Property added to Saved Properties