Property Complex in the Heart of Bagnères-De-Bigorre

Property Description

ENSEMBLE REAL ESTATE WITH HIGH VALUE-ADDITION POTENTIAL

In the heart of Bagnères-de-Bigorre, renowned spa town, popular tourist destination and growing attractivity hub for workers and spa-goers — discover this real estate ensemble of approximately 260 m² of living space (380 m² of usable area).

Currently in single ownership, this property offers complete freedom of management, layout and financial strategy. The building combines immediate revenue and future value reserves.

1. Main building on the street (3 levels)

Ground floor — Commercial walls + Annex

Commercial space: Excellent single-floor location on a through road. 3/6/9 commercial lease in force for 7 years. Rent: €350/month including charges (€300 excluding charges + €50 charges). Secured and sustainable income.

Annex: Gross area to be fully rehabilitated, offering the possibility to create an additional dwelling or to expand the commercial area. Access to a garden.

1st Floor - Two apartments with terraces

Apartment T3 (about 72 m²): In very good general condition, rational layout with living area, two bedrooms, bathroom and shared terrace. City gas heating. Currently rented furnished (1-year lease) at €750/month including charges (€700 excluding charges). Immediate profitability in perfect condition.

Apartment T2 (about 55 m²): Free of occupation. Includes a living area with kitchen, one bedroom, a bathroom and a shared terrace. Requires full renovation to unlock its rental or resale potential.

2nd Floor - T3 (about 80 m²) + convertible attic space

T3 apartment: Spacious and bright, fully renovated with high quality, consisting of a large living area, two bedrooms, separate kitchen and bathroom. City gas heating, very good general condition (free of occupation).

Attic volume: Gross area easily accessible with its own entrance, ideal to create additional space and maximize value per square meter.

2. Outbuildings at the back of the courtyard

Independent workshop (about 90 m² of floor area): Building with a raw character (enclosed/roofed and utilities to be planned) opening onto a small garden. A rare city-center space allowing for an exceptional loft or tourist/spa accommodations with very high profitability.

Rental value and possibility of division

Rental profitability: The building already generates stable rental income while keeping more than half of its usable surface to develop and rent. The Bagnères market is buoyant and benefits from steady year-round rental demand (seasonal, spa-goers, permanent residents).

Purchase-and-sell / subdivision strategy: A quantified quote for subdivision, land registry and co-ownership has already been prepared. You have all the keys to orchestrate a sale by lot in the long term and realize a significant capital gain.

Strong market: Bagnères-de-Bigorre enjoys sustained rental demand year-round (seasonal, spa-goers, permanent residents).

Virtual tour available on request!