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12 Bed House for sale

Arles, Bouches-du-Rhône, Provence-Alpes-Cote d'Azur, France

£644,385 *  [€750,000]

12 Bed House for sale

Arles, Bouches-du-Rhône, Provence-Alpes-Cote d'Azur, France

£644,385 *  [€750,000]

Property Details


  • Bedrooms: 12
  • Bathrooms: 0

Features


  • Terrace
  • Parking

Full Description


In Arles, in a quiet neighborhood, discover this investment property complex of about 420 m², built on a 1,060 m² plot, composed of two separate buildings with a private pool, parking spaces, and shared outdoor areas.

The complex currently comprises 12 units:

- 8 studios
- 2 two-room apartments (T2)
- 1 apartment of approximately 135 m² with a 71 m² living room, 22 m² kitchen, 2 bedrooms, a bathroom with a tub and a shower, and a separate WC, with a terrace and an adjacent studio with independent access.

A configuration particularly suited to rental investment:

8 units are located in the main building, served by a shared entrance, hall, and corridor.

The 4 units in the second building benefit from an independent entrance, some with a private terrace.

All rental units are currently operated as furnished rentals.

The property also offers numerous common spaces and facilities:

Private pool
Shared courtyard
Common areas
Parking spaces
Technical rooms

Additional development potential:
Beyond the 11 existing units, the ensemble presents at minimum the possibility of creating two additional lots, providing an attractive prospect for value growth and increased rental income.

Repairs and improvements to be planned:
Renovation and energy-efficiency upgrades are expected for all units, except the 135 m² apartment, currently occupied by the owner.
Individual electrical meters are being installed to improve individualized consumption management.

A high-potential investment:
With its layout, number of units, outdoor spaces, pool, and potential for creating extra lots, this investment property represents an attractive opportunity for an investor seeking a rental asset in Arles with medium-term appreciation potential.

For more information on income, potential layouts, and acquisition conditions, contact us.
Condominium of 12 lots - 12 residential lots.
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This property listing (ref: Ar0go90ofwxmvfed) 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 0.8592 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.