Studio in Orthez (64300)
Exclusive
€39,000

Studio in Orthez (64300)

  • New
  • 1 room
  • 26 m²

Description

ORTHEZ CENTRE – FOR INVESTORS & PROPERTY DEVELOPERS – 26 M² STUDIO IN A 17TH-CENTURY BÉARNESE HOUSE. In the heart of Orthez, within a remarkable 17th-century Béarnese house, discover this 26 m² ground-floor unit requiring full renovation. The property features a ceiling height of 3.50 m, characteristic of historic town-centre buildings, which provides substantial volume and natural light. The building, with a total area of 293 m², stands as a genuine testament to local history and architectural heritage. Acquired by property developers, it is currently being divided into five units, three of which remain available for purchase. A complete renovation programme of €17,000 including thermal insulation and equipment replacement is available for this unit. However, you retain genuine freedom in your project: the works are not necessarily carried out by the property developers. You can choose your own contractors and thus maintain control over the project, finishes, and budget. Once completed, the property can fit perfectly into a rental strategy, with estimated potential rent of around €500 per month including charges. This represents a gross yield of 9%. This project is aimed at investors and property developers capable of envisioning and maximising the potential of a property requiring work, but benefiting from a central location and rare heritage character. Orthez is a town of 10,000 inhabitants in the Pyrénées-Atlantiques, historic sub-prefecture of Béarn, with a hospital, secondary schools, and a railway station on the Pau–Bayonne line. The residential market there is liquid and steady. Contact me to discover the project, plans, renovation possibilities, and terms for acquiring the unit.

Ref: 2098829

Characteristics

  • Electric heating
  • Built in 1800

Others informations

Condominium details

Number of units
5
Annual fees
not available
Current proceedings
no

Price details

Sale price
€39,000

of

Price per m²
€1,500 / m²

Fees incl. VAT payable by the seller

See the fees scale

Energy performance

Energy performance diagnosis

  • D

Greenhouse gas emission index

  • C

Others property types in Orthez

  1. Houses for sale Orthez (64300)