Lavelanet (Ariège)
About this home
Green-Acres Property Listing - France
Property Details: Rooms: 0 Bedrooms: 0 Price: 168,790 EUR
Agency: Nicolas Castan
Description: Are you looking for a high-potential real estate investment? This stone building, ideally located in the heart of Lavelanet, represents an excellent opportunity to develop a rental portfolio. It consists of three independent apartments: a T2 on the ground floor and two T3s spread over the floors, offering an ideal configuration for long-term rentals. The entire generates currently 1,440 € in monthly rent, or 17,280 € in annual rental income. Based on a sale price of €150,000, this represents a gross rental yield of approximately 11.5%. Its stone construction, generous volumes, and location close to shops, schools, and services make it a property with high appreciation potential. Energy improvement works will optimize its performance and increase its rental attractiveness. Downtown Lavelanet, three independent dwellings, stone construction, attractive profitability, immediate proximity to all amenities: ideal for investors! For any additional information: Arthurimmo Lavelanet, 2 avenue Alsace Lorraine, 09300 Lavelanet, Monday to Friday from 9 am to 12 pm and from 2 pm to 6 pm, Saturday by appointment. We will be happy to assist you.