Ensemble of 200m² of Commercial Walls Leased
€750,000
Hors frais notariés, d'enregistrement et de publicité foncière.Advert Reference: 489
For Sale By Agent
Agency: ARCHITECTURES Pays-Basque
This property has been brought to you by Green-Acres
Currency Conversion provided by
Wise
| €750,000 is approximately: | |
| British Pounds: | £637,500 |
| US Dollars: | $802,500 |
| Canadian Dollars: | C$1,102,500 |
| Australian Dollars: | A$1,237,500 |
Key Info
- Type: Residential (House)
- Bedrooms: Unknown
- Habitable Size: 198 m²
- Land Size: 0 m²
Features
- Gîte(s) / Annexe(s)
- Terrace(s) / Patio(s)
Property Description
Rare investment opportunity in Biarritz with this ensemble of three independent commercial premises all fully leased. The complex offers a total area of just under 200m2 plus 43m of private terraces.
Composition:
- Premises 1: 52.52 m2 + terrace of 23 m2
- Premises 2: 62.29 m2 + terrace of 20 m2
- Premises 3: 83.42 m2
All three units are leased under current commercial leases.
Annual rental income: 38,280
Sale price: 750,000 euros FAI (all fees included)
Highlights:
- Three independent rental incomes
- Mutualized rental risk
- Value-enhancing terraces
- Secured leases
- Attractive yield
- Medium-term appreciation potential
- Opportunity for strategic patrimony split ownership
A turnkey investment, particularly suitable for investors seeking immediate income while benefiting from potential appreciation in the Basque Coast commercial property market. (4.90% all-inclusive fees payable by the buyer.)
Co-ownership of 8 lots - including 6 residential lots. (No ongoing procedures).
Annual charges: 1,800.00 euros.
Currency Conversion provided by
Wise
| €750,000 is approximately: | |
| British Pounds: | £637,500 |
| US Dollars: | $802,500 |
| Canadian Dollars: | C$1,102,500 |
| Australian Dollars: | A$1,237,500 |
Location Information
For Sale By Agent
Agency: ARCHITECTURES Pays-Basque
This property has been brought to you by Green-Acres