11 Bed Property for sale
Montpezat-de-Quercy, Tarn-et-Garonne, Midi-Pyrenees, France
Full Description
Véronique Bessieres et Manon Chaubet pour [ l'Agence Sélection Habitat | Maison de Caractère à la campagne.]
Looking for a profitable real estate investment in a peaceful setting with great potential for value appreciation?
Look no further.
Property Description:
A complex of two 1950s houses, converted into four apartments (three 3-bedroom units and one 2-bedroom + office)
Total living area: 362.9 m²
Land: 3,595 m², planted with fruit trees (apricots, plums, vines, cherries, etc.)
Garage + workshop
Recently renovated roofs, in excellent condition
Two 4,000 L rainwater tanks for garden irrigation
Current Condition:
2 apartments ready to move in and rent immediately
2 apartments to finish, with structural work already completed
Sanitary fixtures already on site, kitchens to be installed, wall and floor finishes to be completed
Estimated Rental Income:
Expected rents: €550 to €650 per apartment
Potential monthly income: €2,400
Annual income: €28,800
Gross Yield (including approx. 7% notary fees):
Total investment cost: €281,000 + 7% notary fees (˜ €19,670) = €300,670
Gross annual income: €28,800
Gross yield: 9.6%
Key Highlights:
Immediate rental income from 2 ready-to-rent apartments
Rapid value increase possible after finishing the remaining 2 units (materials already on site)
Quiet and pleasant environment with open views
Perfect for long-term rentals or shared housing.
Don't miss this rare opportunity!
Contact us now for more information or to schedule a viewing.
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