Idr in the City Center

Property Description

Exclusively offered by Arieg'immo by Sélection Habitat, this investment property is ideally located in the historic center of Foix. It comprises a ground-floor studio apartment of approximately 38 sq m, easily convertible into a one-bedroom apartment (currently vacant); a first-floor one-bedroom apartment (one bedroom is a walk-through) of approximately 59 sq m (currently rented for €420 excluding charges); and a second-floor two-bedroom apartment of approximately 65 sq m with a small terrace offering panoramic views of the city (currently rented for €440 excluding charges). The building also includes a commercial space requiring complete renovation, comprising a sales area, a cellar, and two offices (one on the first floor and one on the second), totaling approximately 111 sq m. (currently vacant). Features include electric and mains gas heating, double glazing, and mains drainage. The two apartments on the first and second floors have been rented by the same tenants for several years without any issues. The ground-floor apartment will be vacant upon sale and will require some renovations to maximize profitability. The projected return is approximately €2,000 per month after renovations and once all four units are rented. This opportunity is a sound investment due to its location. Information on the risks to which this property is exposed is available on the Géorisques website: