Investment Building 3 Apartments 8 Rooms 188m² of Living Space in Avignon Intra-Muros, Palais Sector

Property Description

For any questions or requests for information, remember to write down and give us the reference number when you call: 16771

Rare opportunity! Special investors!

Homki has the privilege of presenting you exclusively this investment property located in one of the most sought-after areas of Avignon, a stone's throw from the Palais des Papes, rue de la Banasterie.

In single-ownership (no property manager), this property develops 188.49 m² Carrez spread over 3 levels, including 3 independent apartments with 3 private cellars on the surface, as well as an adjoining, closed and secure courtyard.

Estimated rental income: Classic furnished / unfurnished rental: between €2,000 and €2,200/month (i.e. €24,000 to €26,400/year)

Mixed seasonal rental (Airbnb + student lease): approximately €32,000/year (based on 70 nights per apartment in the summer + 9-month student lease)

Technical characteristics and services:

Energy Performance Certificate: D
Recent attic insulation
Roof control
Reversible air conditioning installed
Recent gas boilers & water heaters in two properties
Sub-meters for each batch
No trustees, reduced charges
Property tax 2024 : 4034€

Composition of the building

1./ On the ground floor, a 3-room apartment of 71.07 m² Carrez, sold furnished and free of any occupation, renovated in almost all its entirety (except carpentry). It has direct access to the courtyard and a private cellar. The sleeping area includes 2 bedrooms, a bathroom, separate toilets, a fitted kitchen and a large living room.
Estimated rent: 700 € / month excluding service charges

2./On the 1st floor, a 3-room apartment of 70.85m² carrez, also free of any occupation. To renovate (refreshment to be expected), without balcony, but with access to the courtyard and private cellar.
Estimated rent after work: 700 € / month excluding service charges

3./ On the 2nd floor, a 2-room apartment of 46.57m², renovated and free of any occupation, without balcony but benefiting from the courtyard, a cellar, and above all a breathtaking view of the Palais des Papes. It includes a bedroom, a bathroom, an equipped kitchen, and a beautiful bright living room with an exceptional view of the Palais-des-Papes.
Estimated rent: 600 € / month excluding service charges

This building is a rare and profitable property, in an exceptional heritage area!

This property meets all the criteria for a secure and valuable investment with high rental potential. No comparable property is currently for sale in this emblematic area of Avignon intra-muros.

Who is the Homker near you?

I am Guillaume Lafont, a commercial agent registered with the Rsac of Nimes under the number and I would be delighted to introduce you to it!

Who is Homki?

Homki offers buyers and sellers a complete and transparent service so that each real estate project is an innovative experience lived serenely.

Our agency fees are €4,900 fixed to be paid by the seller.