- landN/A*
- rooms7
- bedroomN/A*
- Area119 m²
- ConstructionN/A*
- ConditionN/A*
- No of floors2
- parkings3
- bathrooms2
- Shower roomN/A*
- Toilets2
- Terrace1
- ExposureN/A*
- HeatingN/A*
- KitchenAmerican-style
Property Massane Nord - Argeles-sur-mer (66)by propriétés privées
PropertyMassane Nord - Argeles-sur-mer (66) Price : $302,800 ($2,544 / m²)
$302,800
($2,544 / m²)
In the heart of Argelès-sur-Mer, in a small co-ownership of 3 lots, investment opportunity in the main lot of 114.3m² according to the Carrez law (119.2 m² on the ground) with approved division into 3 units and access to a shared garden, a rare and distinctive product in the local rental market.
The project allows for the creation of:
- a T2 of approximately 23 m²
- a T2 of approximately 36 m² with balcony
- a T3 of approximately 58 m² with solarium
- access to a shared garden of over 100m²
The interest of the operation lies not only in the division but also in the creation of a micro-rental offering more attractive than standard apartments, with a shared garden and complementary common area at ground level that could accommodate, depending on the chosen project, a shared kitchen/service area.
In Argelès-sur-Mer, this type of offering is rare: housing with outdoor spaces, in a central location, with real usability value for the occupants.
# Rental hypothesis
- T2 n°1: 550 euros / month
- T2 n°2: 650 euros / month
- T3: 775 euros / month
- Estimated total monthly rent: 1,975 euros
- Estimated total annual rent: 23,700 euros
Based on a price of 265,000 euros and an estimated renovation budget of 60,250 euros including taxes (cost estimate available), making a total projected investment of 325,250 euros, the estimated gross yield is approximately 7.3%.
# Renovation
A preliminary budget estimation has already been made for transforming the property into 3 independent units, with a total estimated envelope of 60,250 euros including taxes.
# Why this file is interesting
Here, the investor is not just creating 3 additional units. They are creating a more qualitative rental offering than the local average, with a genuine competitive advantage:
- shared outdoor spaces
- immediate rental differentiation
- defensible rents
- enhanced attractiveness
- potentially reduced turnover
# Key data
- 114.3 m² according to the Carrez law
- 119.2 m² on the ground
- small co-ownership of 3 lots
- volunteer syndic
- no ongoing procedures
- building in very good general condition
- DPE: C
- heating by wood stove
- property tax: 2,090 euros
- possibility of acquiring a garage in addition
# More patrimonial / banking setup
Additionally, and as part of a separate acquisition, it may also be considered to integrate another lot of the co-ownership, already in very good condition, allowing for a quick rental placement.
This element can truly enhance:
- immediate rental income
- support for the project's cash flow
- strengthening the clarity of a bank file
This point does not fall under the main operation presented here, but could be discussed with interested project holders.
# Conclusion
File intended for local investors, property merchants, or buyers accustomed to reconfiguration operations, seeking a central, clear, and distinguishing project, with the creation of rental and patrimonial value.
Estimated amount of annual energy expenses for standard use 909.37 euros
To visit and assist you in your project, contact Flouret Immobilier at 06032160... or by email at [email protected]
According to article L.561.5 of the Monetary and Financial Code, for organizing the visit, you will be asked to provide an identity document.
This announcement has been written under the editorial responsibility of Vincent FLOURET acting under the status of a registered commercial agent at RSAC Perpignan 530 074 574 with SAS PROPRIETES PRIVEES, with a capital of 44,920 euros, ZAC LE CHÊNE FERRÉ - 44 ALLÉE DES CINQ CONTINENTS 44120 VERTOU; SIRET 487 624 777 00040, RCS Nantes. Professional card for real estate transactions and business assets (T) and property management (G) no. CPI 4401 2016 000 010 388 issued by CCI Nantes - Saint Nazaire. Escrow account n° 30932508... BPA SAINT-SEBASTIEN-SUR-LOIRE (44230). Guarantee GALIAN-SMABTP - 89 rue de la Boétie, 75008 Paris - n°28137 J for 2,000,000 euros for T and 120,000 euros for G. Professional civil liability insurance by GALIAN-SMABTP policy number 28137.J
Mandate ref: 442802 - The professional guarantees and secures your real estate project.
Condominium of 4 lots - including 3 housing lots.
Annual charges: 360 euros.
Vincent FLOURET (EI) Commercial Agent - RSAC Number: Perpignan 530 074 574 - .
Information on the risks to which this property is exposed is available on the Géorisques website: www.georisques.gouv.fr
This description has been automatically translated from French.
Advertiser reference : 442802FLRLe Figaro Properties reference : 100484905
Its assets
- Terrace
- Garage & Parking
In detail
* : Information not provided by the advertiser
Exclusivity
Property Argeles-sur-mer (66)
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