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House for sale

Biarritz, Pyrenees-Atlantiques, Aquitaine, France

£1,838,646 *  [€2,140,000]

House for sale

Biarritz, Pyrenees-Atlantiques, Aquitaine, France

£1,838,646 *  [€2,140,000]

Property Details


  • Bedrooms: 0
  • Bathrooms: 0

Full Description


BIARRITZ – 5,000 m² of land – €HAI
Acquisition of company shares
Transfer of shares in an SCI (French property-holding company): €2,140,000 including agency fees

A strategic location close to the coast

Located just 400 metres from the beach, on the particularly busy N10 road, this property complex benefits from a strategic location that is attractive in both summer and winter.

The property offers a pleasant setting, with open views over a green space and more than 50 private parking spaces.

A property investment generating rental income

Set on 5,000 m² of land, the property comprises a development of approximately 1,000 m² with 8 rented units, including 2 flats.

Monthly rents total €11,000, equivalent to annual rental income of €132,000, subject to the terms of the current leases.

Property highlights:
Strategic location, 400 metres from the beach
Very busy road / Attractive business activity all year round / Approximately 5,000 m² of land
Approximately 50 or more private parking spaces
8 rented units, including 2 flats
Stated rental income of €132,000 per year
Proposed acquisition through the transfer of shares in the SCI

An investment opportunity for investors seeking a property asset with existing rental income and a location with strong potential.

For further information or to arrange a viewing, please contact our agency.

Our team is available by phone from Monday to Saturday, from 8 a.m. to 7 p.m., to answer your questions and assist you with your property plans.
BIARRITZ PROPERTY SALE
AGENCY FEES PAYABLE BY THE BUYER
Information about the risks to which this property is exposed is available on the Géorisques website: (7.00% VAT-inclusive fees payable by the buyer.) Jean-Bernard QUEROY (EI), Commercial Agent – RSAC number: –.
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Map may not show exact location

This property listing (ref: Ak67y8eq3wer3k8d) 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.