Arles, Montplaisir District: Income-Generating Property Complex with Pool, 12 Units and Strong Potential
€750,000
Hors frais notariés, d'enregistrement et de publicité foncière.Advert Reference: 1115
For Sale By Agent
Agency: STELART
This property has been brought to you by Green-Acres
Currency Conversion provided by
Wise
| €750,000 is approximately: | |
| British Pounds: | £625,350 |
| US Dollars: | $837,900 |
| Canadian Dollars: | C$1,170,450 |
| Australian Dollars: | A$1,192,800 |
Key Info
- Type: Residential (Apartment), Business (Apartment Building / Block Of Flats)
- Bedrooms: 12
- Habitable Size: 420 m²
- Land Size: 1,060 m²
Features
- Garden(s)
- Gîte(s) / Annexe(s)
- Outbuilding(s)
- Renovation / Development Potential
- Rental / Gîte Potential
- Swimming Pool
- Terrace(s) / Patio(s)
Property Description
In Arles, in a quiet neighbourhood, discover this property complex of approximately 420 m², set on a 1.060 m² plot and comprising two separate buildings, a private swimming pool, parking spaces and shared outdoor areas.
The complex currently comprises 12 units:
8 studios
2 two-room flats
1 flat of approximately 135 m², with a 71 m² living room, a 22 m² kitchen, 2 bedrooms, a bathroom with a bath and shower, and a separate WC, as well as a terrace and an adjoining studio with independent access.
A layout particularly well suited to rental investment:
8 units are located in the main building and are accessed via a shared entrance, hall and corridor.
The 4 units in the second building have their own independent entrance; some also have a private terrace.
All units intended for rental are currently operated as furnished rentals.
The property also has a range of shared spaces and facilities:
Private swimming pool
Shared courtyard
Shared areas
Parking spaces
Utility rooms
Additional development potential:
In addition to the 12 existing units, the property offers the possibility of creating at least two further units, providing an attractive opportunity to enhance its value and increase rental income.
Works and improvements required:
Refurbishment and energy-efficiency renovation work is required across all units, with the exception of the 135 m² flat, which is currently occupied by the owner.
Individual electricity meters are currently being installed, notably to improve the separate management of utility consumption.
A high-potential investment
With its layout, number of units, outdoor areas, swimming pool and potential to create additional units, this property complex represents an attractive opportunity for an investor seeking a rental property portfolio in Arles, with potential for value appreciation over the medium term.
Condominium comprising 12 units, all of which are residential.
Energy Consumption (DPE)
CO2 Emissions (GES)
Currency Conversion provided by
Wise
| €750,000 is approximately: | |
| British Pounds: | £625,350 |
| US Dollars: | $837,900 |
| Canadian Dollars: | C$1,170,450 |
| Australian Dollars: | A$1,192,800 |
Location Information
For Sale By Agent
Agency: STELART
This property has been brought to you by Green-Acres
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