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.
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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
