House for sale
Flayosc, Var, Provence-Alpes-Cote d'Azur, France
Full Description
Exclusivity - Gesbert Immobilier Flayosc - Located in the heart of the village of Flayosc, this village house represents a real opportunity for an investor. It comprises four lots, including commercial premises on the first floor with cellar, and three apartments on the upper floors.
The commercial premises, measuring approx. 24 m², have a shop window on the boulevard Général-de-Gaulle side and are currently vacant. A 27 m² cellar in the basement completes this first lot.
On the second floor, there's a 59 m², T3 apartment with its entrance on the Avenue André-Ruelle side. It is currently rented on a long-term, unfurnished basis since November 2023, at €600 per month, plus €40 utilities.
On the second floor, a one-bedroom apartment of around 23 m² is unoccupied.
Finally, on the third and fourth floors, there's a renovated 35 m² duplex T2, currently rented on a long-term, unfurnished lease at €550 excluding utilities, since September 2022.
In terms of yield, the building offers excellent potential. Depending on the re-letting of vacant lots, monthly rental income could be between €1,900 and €2,100, giving a gross return of between 8.50% and 9.50%, including notary fees.
The current configuration generates no collective charges, and all lots are held by a single owner.
This property is aimed at an investor looking for a building with several distinct lots, good profitability and potential for value enhancement, all in a lively year-round village environment, close to shops and parking lots.
A rare opportunity in this sector!
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