MillOlonzac (34)

Price :

$421,300

USD

Euro € EURAmerican Dollar ($ USD)British Pound (£ GBP)

Surface228 m²bedrooms6

General description: Ideal for an investor
Return on investment by the local renting rates is 7.5 percent on an annual base and 20 percent if you only rent to holidaymakers.
Beautifully restored mill with shared pool/ garden area, pool and open parking at the edge of a beautiful Medieval Village with his famous weekly, colorful market on Tuesday and his Friday night market in summer.
There are 6 apartments and 1 doctor's cabinet in the building from which are 3 for sale all restored with taste and high quality materials.
Property Tax/year 2023 + Maintenance for pool and common grounds was 2300 € in 2023.
The property is situated in the Minervois in one of the most beautiful areas in the South of France with its world wide known quality wines , close to the Mediterranean shores of Gruissan Plage and many others, outstanding views towards the rolling vineyards and the snow capped Pyrenees wherever you go. Beautiful cities like Narbonne, Carcassonne, Montpellier, Toulouse are nearby and easy to reach by car or train. The Metropole Barcelona for example is 3 hours by car or train. Further more the "Lac de Jouarres" is not even 10 minutes by bike through the rolling vineyards. Ideal for windsurfing, kite Surfing, swimming etc..
The "Canal Du Midi" an Unesco Heritage Site is only some steps away.
Olonzac is a small town with all daily shopping facilities, butcher, bakery, supermarket, 2 flower shops, 3 doctors, 2 dentists, 3 bars, 5 restaurants, a drugstore , News Agent etc...and a very nice weekly market with lots of local products, from, wine, olives, honey, fruits and vegetables, goat cheese, several fishmongers etc..
Heating: reversible air conditioner only for Apartment 1, the others have electrical radiators.
Exposé Apartment 1:
Coming from the entrance area you come in directly in the living/dining room/kitchen area which leads to the generous hanging winter garden (16m²). There are 2 bedrooms, who are sharing a nice modern bathroom with an Italian shower.
The generous living room app. 51M² is very comfortable and is easy to live in.
Furniture is not included in the selling price, but could be bought as well.
Exposé Apartment 2:
The most independent apartment as it is at the rear of the building with his private entrance. You reach the flat by passing the common courtyard. A staircase is leading straight in this loft style apartment. And you will say straight "Wow" about the beautiful beam construction (all beams have been treated in 2017. A generous open space of approximately 42 m² with a built-in corner kitchen. Furthermore you have a nice open wood terrace which offers nice views over the countryside. There are 3 bedrooms, one of them on the living room level and 2 more upstairs.
Exposé Apartment 2:
This is an ideal StepStone to discover the area. Living room with kitchen corner, 1 bedroom and 1 bathroom all in all app. 43 m².
All 3 apartments are easy to rent to holiday makers or on an annual basis.
TRANSPORT
Autoroute Lézignan-Corbières 20 km
Gare de Lézignan 17 km
6 Airports: Carcassonne, Béziers app. 1 hour, Perpignan 1 1/4 hour, Toulouse, Montpellier 1 1/2 hour
Barcelona 3 hours
Heating reversible air condition + electric radiators
Buying this property is a very good investment and as well buying you a new lifestyle in a high quality environment, like mountains, natural parks, lakes and the nearby Mediterranean Sea.