Cintegabelle-Farmhouse 400 m²

7 Beds
5 Baths
Habitable Size: 300 m²
Land Size: 2.5 ha
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€679,000

Region: Midi-Pyrénées Department: Haute-Garonne (31) Commune: Cintegabelle (31550)

For Sale By Agent

Agency: Groupe Eric Mey Groupe Eric Mey View Agency Find more properties from this Agent
Currency Conversion provided by French Property Currency powered by A Place in the Sun Currency, regulated in the UK (FCA firm reference 504353)
€679,000 is approximately:
British Pounds: £577,150
US Dollars: $726,530
Canadian Dollars: C$998,130
Australian Dollars: A$1,120,350
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 (Farmhouse / Fermette, House), Business (Working Farm / Farmland), Maison Ancienne, Detached
  • Bedrooms: 7
  • Bath/ Shower Rooms: 5
  • Habitable Size: 300 m²
  • Land Size: 2.5 ha

Features

  • Garden(s)
  • Land
  • Off-Street Parking
  • Outbuilding(s)
  • Parking
  • Swimming Pool

Property Description

NOT USUAL HERE
In the town of Cintegabelle, the IDIMMO31 Agency offers you a product with astonishing capacities.
An entrepreneur sells a farmhouse that will bring you 49900EUR per year, a return of 7% net!
It consists of 4 main activities where it is not necessary to be present regularly for 3 of the 4. These activities are all subject to income tax and are subject to simple but precise and rigorous accounting.
We will detail this property for you by activity, the photos follow the order of description:
Real estate activity: The farmhouse houses 3 apartments, two of which have a private garden and a large garage, the third has a beautiful renovated living area. The heating is gas and the sanitation is independent.
Secure access with electric gate. Rents collected excluding charges of around 17000EUR per year. No work needed. A 100 m2 outbuilding is present with water and electricity, if you wish.
The so-called photovoltaic income activity: The roof of the existing hangars are covered with photovoltaic cells, rented by a 20-year emphyteutic lease renewable for 10 years (there is still a 20-year lease). This brings in 7482EUR per year.
The third activity: Guarding caravans and camping cars. This activity is the most lucrative of the three listed. 26100EUR in 2021! A video surveillance system is in place with home automation to recover your vehicle from the 19 storage bays.
Finally the 4th activity which is not counted in the figures stated above but which attracts our full attention here: a horticulture site with no less than 4000 m2 of automated greenhouses and all the equipment necessary to start the activity!
The greenhouses have an integrated, automated and programmable watering system, ventilation is done through the roofs that open electrically, the soil is drained with 0/20 gravel compaction of 30 cms! In other words, never possible flooding.
At your disposal: potting machine and decompactor which allow you to make up to 7000 pots per day, a well always full with its operational pump. The customer file will also be transmitted with Andorra for customers but also individuals who can use them. An office, with all office equipment, possible fiber connection, large capacity equipment storage shed, cloakroom, large parking lot. This last activity brought in in its strongest years up to 75000EUR in figures including tax (VAT at 10% for flowers). The site can be rented around 2500 to 3000EUR per month.
In addition, the VAT has been fully paid for the greenhouses and the equipment.
Our opinion: I think it is rare to find an investment like this in the sector, moreover in Cintegabelle, far from the employment area of the pink city. However, I draw your attention to the fact that the yield is interesting (7%) and that it is possible to relaunch an activity which remains in demand by a client portfolio that is still active. We recommend without hesitation!
The IDIMMO Agency, the Agency you need!!

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Return to search

€679,000

Currency Conversion provided by French Property Currency powered by A Place in the Sun Currency, regulated in the UK (FCA firm reference 504353)
€679,000 is approximately:
British Pounds: £577,150
US Dollars: $726,530
Canadian Dollars: C$998,130
Australian Dollars: A$1,120,350
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

Haute-Garonne (31), Midi-Pyrénées
Region: Midi-Pyrénées Department: Haute-Garonne (31) Commune: Cintegabelle (31550) Location: cintegabelle View Large Map

For Sale By Agent

Agency: Groupe Eric Mey Groupe Eric Mey View Agency Find more properties from this Agent

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