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Magnificent Mas Provençal Appartment Building | Highly Profitable Investment Property

15 Beds
12 Baths
Habitable Size: 720 m²
Land Size: 4,100 m²
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€2,490,000

Region: Provence-Alpes-Côte d'Azur Department: Var (83) Commune: Hyères (83400)

Advert Reference: IFPC45791

For Sale By Owner (FSBO)

For Sale Privately Private Owner
Wise Currency Conversion provided by Wise
€2,490,000 is approximately:
British Pounds: £2,116,500
US Dollars: $2,664,300
Canadian Dollars: C$3,660,300
Australian Dollars: A$4,108,500
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 (Apartment, Country House, Mansion / Belle Demeure, Manoir / Manor House, Provencal Mas / Bastide, House), Business (Apartment Building / Block Of Flats, Gîte, Gîte Complex), Investment Property, Maison Ancienne, Maison Provençale , Detached
  • Bedrooms: 15
  • Bath/ Shower Rooms: 12
  • Habitable Size: 720 m²
  • Land Size: 4,100 m²

Highlights

  • Near to beaches and shops and amenities.
  • 20m long swimming pool

Features

  • Air Conditioning
  • Bed & Breakfast Potential
  • Character / Period Features
  • Countryside View
  • Driveway
  • Fibre Internet
  • Furnished / Part Furnished
  • Garden(s)
  • Gîte(s) / Annexe(s)
  • Land
  • Mains Drainage
  • Mains Electricity
  • Mains Water
  • Off-Street Parking
  • Rental / Gîte Potential
  • Revenue Generating
  • Stone
  • Swimming Pool

Property Description

Summary
Magnificent Provençal farmhouse of 720 m² on a 4,100 m² wooded plot, completely renovated since 2020. A rare find on the Var real estate market, 2 km from Hyères, it comprises:
11 apartments currently rented, representing 654 m² under the Carrez Law:
* 2 large one-bedroom/two-bedroom attic apartments,
* 7 one-bedroom apartments,
* 2 two-bedroom apartments,
* an enclosed pool area, regularly rented for events.
* a wooded park, a bowling green, and parking spaces that can accommodate more than 20 vehicles.
This rental complex offers an income of approximately 150 KE / year, guaranteeing real and immediate financial stability. With strong rental demand in the region, this investment is a sure bet!
Its location is prime, close to all amenities, in a pleasant, quiet setting surrounded by vineyards.
Close to supermarkets and basic necessities, public transportation, schools, and the city center, and 5 minutes from the highway.
In terms of comfort, the apartments are from 2020-2024 and feature reversible air conditioning.
No work is required.
A few details to save everyone time:
• We are not interested in real estate agents.
• No viewings will be arranged without your financing plan (supporting bank documents). Likewise, the address will not be disclosed beforehand.
Price: €2,490,000.00

Location
11 T2 and T3 apartments rented furnished, vineyard and countryside setting close to the beaches, Hyères Toulon airport.

Access
Only 10 minutes from the airport and 2 minutes from the train station. Close to all shops.

Interior
Building and apartments completely renovated interior and exterior in 2023 and 2024.

Exterior
Fruit trees, olive trees, palm trees and exotic plants

Additional Details
A very rare and beautiful property, an atypical property in the Var and the area.

Revenue Generation
The property generates over €150,000.00 per year.
The apartments are currently rented furnished for one year.

Energy Consumption Energy Consumption (DPE)
Co2 Emissions CO2 Emissions (GES)

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€2,490,000

Wise Currency Conversion provided by Wise
€2,490,000 is approximately:
British Pounds: £2,116,500
US Dollars: $2,664,300
Canadian Dollars: C$3,660,300
Australian Dollars: A$4,108,500
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.
Make an Enquiry Print this Page

Location Information

Var (83), Provence-Alpes-Côte d'Azur
Region: Provence-Alpes-Côte d'Azur Department: Var (83) Commune: Hyères (83400) View Large Map

For Sale By Owner (FSBO)

For Sale Privately Private Owner

Partner Services

Wise

Visit https://www.french-luxury-property.com/sale-property/1-IFPC45791 to make an enquiry