Income-Property with High Potential in the Historic Center of Draguignan

Property Description

Investors with a discerning eye, here is a genuine patrimonial and tax opportunity in the heart of Draguignan's historic center. This character building of about 160 m², consisting of 3 F2 apartments of approximately 43 m² each and a usable 19 m² garage, brings together the three levers sought by any investor: immediate income, optimization potential, and value creation. Why invest in this property? Secure immediate profitability Two apartments are already rented with tenants in place and on-time payments, generating income on acquisition. Income growth potential A third apartment is vacant and offers a nice opportunity to re-let after refresh to improve overall yield. Value creation through works and tax relief The planned works are a real asset to optimize taxation, create rental deficit (fiscal deficit foncier), and increase the property's patrimonial value. Additional potential with the garage The ground-floor garage can be transformed into a commercial space or provide additional value, creating an extra revenue source depending on the project. A building with a patrimonial vision DPE is rated D and habitable area is 160.86 m². An investment that ticks all the boxes: Existing rental income, Optimizable yield, Deductible works, Potential for value creation, Desirable downtown location. An ideal property for an investor seeking profitability, fiscal deficit, and medium-term appreciation. A rare market opportunity. Contact us to study the full potential of this building and arrange a viewing. Estimated annual energy expenditure for standard use between €2,710.00 and €3,710.00 indexed to 2021, 2022, 2023 (including subscriptions).