Ensemble of 200 m² of Leased Commercial Premises
€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: | £640,972 |
| US Dollars: | $851,625 |
| Canadian Dollars: | C$1,207,875 |
| Australian Dollars: | A$1,222,275 |
Key Info
- Type: Residential (House)
- Bedrooms: Unknown
- Habitable Size: 198 m²
- Land Size: 0 m²
Features
- Gîte(s) / Annexe(s)
Property Description
Rare investment opportunity in Biarritz with this set of three independent commercial premises, all fully leased.
The complex covers a total area of just under 200 m², complemented by 43 m² of private terraces.
Composition:
Premises 1: 52.52 m² + 23 m² terrace in usePremises 2: 62.29 m² + 20 m² terrace in usePremises 3: 83.42 m²
All three units are operated under current commercial leases.
Annual rental income: 38,280
Sale price: 750,000 FAI (fees all-inclusive to the buyer)
Highlights:
Three independent rental incomesMutually diversified rental riskValued terraces in useSecured leasesAttractive yieldMedium-term revaluation potentialPossibility for a wealth management strategy through subdivision
A turnkey investment particularly suitable for investors seeking immediate income while benefiting from potential appreciation in the Basque Coast commercial walls market. (4.90% including all fees payable by the purchaser.)
Condominium of 8 lots - including 6 residential units. (No ongoing proceedings).
Annual charges: 1,800.00 euros.
Currency Conversion provided by
Wise
| €750,000 is approximately: | |
| British Pounds: | £640,972 |
| US Dollars: | $851,625 |
| Canadian Dollars: | C$1,207,875 |
| Australian Dollars: | A$1,222,275 |
Location Information
For Sale By Agent
Agency: ARCHITECTURES Pays-Basque
This property has been brought to you by Green-Acres