Biarritz – Property Complex: 5.000 m² of Land, 1.000 m² Built Area – €Hai

Studio
Habitable Size: 1000 m²
Land Size: 5,000 m²

€2,140,000

Save Hors frais notariés, d'enregistrement et de publicité foncière.
Region: Aquitaine Department: Pyrénées-Atlantiques (64) Commune: Biarritz (64200)

For Sale By Agent

Agency: OLAIZOLA

This property has been brought to you by Green-Acres

Wise Currency Conversion provided by Wise
€2,140,000 is approximately:
British Pounds: £1,783,861
US Dollars: $2,392,306
Canadian Dollars: C$3,343,322
Australian Dollars: A$3,425,498
Please note that these conversions are approximate and for guidance only and do not constitute sale prices. To find out more about currency exchange, please visit our Currency Exchange Guide.
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Key Info

  • Type: Residential (Apartment), Business (Apartment Building / Block Of Flats), Land
  • Bedrooms: 0
  • Habitable Size: 1000 m²
  • Land Size: 5,000 m²

Features

  • Garden(s)
  • Gîte(s) / Annexe(s)
  • Land
  • Rental / Gîte Potential

Property Description

BIARRITZ – 5.000 m² of land – €HAI
Acquisition of company shares
Transfer of shares in an SCI (French property-holding company): €2,140,000 including agency fees

A strategic location close to the coast

Located just 400 metres from the beach, on the particularly busy N10 road, this property complex benefits from a strategic location that is attractive in both summer and winter.

The property offers a pleasant setting, with open views over a green space and more than 50 private parking spaces.

A property investment generating rental income

Set on 5.000 m² of land, the property comprises a development of approximately 1.000 m² with 8 rented units, including 2 flats.

Monthly rents total €11,000, equivalent to annual rental income of €132,000, subject to the terms of the current leases.

Property highlights:
Strategic location, 400 metres from the beach
Very busy road / Attractive business activity all year round / Approximately 5.000 m² of land
Approximately 50 or more private parking spaces
8 rented units, including 2 flats
Stated rental income of €132,000 per year
Proposed acquisition through the transfer of shares in the SCI

An investment opportunity for investors seeking a property asset with existing rental income and a location with strong potential.

For further information or to arrange a viewing, please contact our agency.

Our team is available by phone from Monday to Saturday, from 8 a.m. to 7 p.m., to answer your questions and assist you with your property plans.
BIARRITZ PROPERTY SALE
AGENCY FEES PAYABLE BY THE BUYER
Information about the risks to which this property is exposed is available on the Géorisques website: (7.00% VAT-inclusive fees payable by the buyer.) Jean-Bernard QUEROY (EI), Commercial Agent – RSAC number: –.

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The information displayed about this property comprises a property advertisement which has been supplied by Green-Acres for OLAIZOLA and does not constitute property particulars. View our full disclaimer.

€2,140,000

Hors frais notariés, d'enregistrement et de publicité foncière.
Wise Currency Conversion provided by Wise
€2,140,000 is approximately:
British Pounds: £1,783,861
US Dollars: $2,392,306
Canadian Dollars: C$3,343,322
Australian Dollars: A$3,425,498
Please note that these conversions are approximate and for guidance only and do not constitute sale prices. To find out more about currency exchange, please visit our Currency Exchange Guide.

Location Information

Pyrénées-Atlantiques (64), Aquitaine
Region: Aquitaine Department: Pyrénées-Atlantiques (64) Commune: Biarritz (64200) View Large Map

For Sale By Agent

Agency: OLAIZOLA

This property has been brought to you by Green-Acres

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