House for sale
Biarritz, Pyrenees-Atlantiques, Aquitaine, France
Full 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.
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