Investment Property with Excellent Potential
A rare opportunity in the charming village of Sault, this income-generating building of approximately 520 m² offers multiple possibilities for renovation or rental development. The property currently comprises a commercial unit, a garage, and eight apartments, four of which require renovation. With dual East-West exposure and four separate entrances, it provides flexibility for future arrangements or rental management.
On the ground floor, there is a commercial premises of around 120 m² currently providing stable rental income, a two-bedroom apartment of approximately 67 m² to renovate, an inner courtyard of 36 m², a cellar, and an attached garage of 34 m². The first floor includes a 36 m² studio rented long-term, a 33 m² studio yet to be completed, a 45 m² one-bedroom apartment with balcony, and a 46 m² apartment which can be combined with the previous unit for larger living space. The second floor houses a 46 m² studio rented short-term and two two-bedroom apartments of around 70 m² each, both rented long-term and fully equipped with kitchen, bathroom, and toilet.
This property is an ideal opportunity for investors seeking strong rental income with growth potential. Current rental income amounts to €2,920 per month, with an estimated long-term rental potential of €4,830 per month, or approximately €58,000 per year.
Whether you are a private investor or a professional looking to develop a solid rental portfolio, this building offers significant upside and exceptional location value in a lively Provençal village known for its markets, charm, and authenticity.
La localisation mentionnée est exacte.
Les informations sur les risques auxquels ce bien est exposé sont disponibles sur le site Géorisques : https://www.georisques.gouv.fr
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Price:
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Price:
590000
City:
Sault
Living area:
520
Land area:
Parts:
11
Rooms:
7
Bathroom:
Shower room:
Country:
France
Reference:
GIP-774














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