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House for sale

Draguignan, Var, Provence-Alpes-Cote d'Azur, France

£130,582 *  [€150,000]

House for sale

Draguignan, Var, Provence-Alpes-Cote d'Azur, France

£130,582 *  [€150,000]

Property Details


  • Bedrooms: 0
  • Bathrooms: 0

Features


  • Parking

Full Description


Investors with a discerning eye, here is a genuine patrimonial and tax opportunity in the heart of Draguignan's historic center. This character building of about 160 m², consisting of 3 F2 apartments of approximately 43 m² each and a usable 19 m² garage, brings together the three levers sought by any investor: immediate income, optimization potential, and value creation. Why invest in this property? Secure immediate profitability Two apartments are already rented with tenants in place and on-time payments, generating income on acquisition. Income growth potential A third apartment is vacant and offers a nice opportunity to re-let after refresh to improve overall yield. Value creation through works and tax relief The planned works are a real asset to optimize taxation, create rental deficit (fiscal deficit foncier), and increase the property's patrimonial value. Additional potential with the garage The ground-floor garage can be transformed into a commercial space or provide additional value, creating an extra revenue source depending on the project. A building with a patrimonial vision DPE is rated D and habitable area is 160.86 m². An investment that ticks all the boxes: Existing rental income, Optimizable yield, Deductible works, Potential for value creation, Desirable downtown location. An ideal property for an investor seeking profitability, fiscal deficit, and medium-term appreciation. A rare market opportunity. Contact us to study the full potential of this building and arrange a viewing. Estimated annual energy expenditure for standard use between €2,710.00 and €3,710.00 indexed to 2021, 2022, 2023 (including subscriptions).
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This property listing (ref: Aq16cuzfdjgk8hb5) is an advertisement supplied by French Gold Property and does not constitute property particulars. While aplaceinthesun.com (APITS Ltd.) requests all advertisers supply correct details, it does not carry out checks on the information supplied and cannot be held responsible for any inaccuracies. Aplaceinthesun.com recommends seeking independent legal advice prior to any overseas property purchase.
*Based on an exchange rate of 0.8705 from Euro to GBP. This rate is updated daily and is an indicative market rate supplied by A Place in the Sun Currency. Actual trading rates vary.