Apartment in Orthez (64300)
Apartment in Orthez (64300)Apartment in Orthez (64300)
€72,000

Apartment in Orthez (64300)

  • New
  • 2 rooms
  • 54 m²

Description

ORTHEZ CENTRE – FOR INVESTORS & PROPERTY DEVELOPERS – T2 BIS OF 54 M² + TERRACE TO DEVELOP IN A 17TH-CENTURY BÉARNAISE HOUSE An exceptional project for lovers of fine stone architecture and investors seeking a property with strong potential. In the heart of Orthez, within a remarkable 17th-century Béarnaise house, discover this lot of approximately 54 m² on the ground floor with terrace, to be fully developed to create a beautiful T2 bis. The building, with a total area of 293 m², is a genuine testament to the history and architectural heritage of the region. Acquired by property developers, it is currently being divided into five lots, three of which remain available for sale. An estimated renovation budget of approximately €20,000 is envisaged for this lot. However, you retain genuine freedom in your project: the works do not necessarily have to be carried out by the property developers. You can choose your own tradespeople and thus maintain control of the project, finishes and budget. Once developed, the property can perfectly fit into a non-professional furnished rental strategy (LMNP), with an estimated potential rental income of around €600 including charges per month. Based on the sale price of €72,000 including fees, this represents a gross rental yield of 10%, excluding works, fees and charges. This project is aimed at visionary investors and property developers capable of envisioning and maximizing the potential of a property that requires renovation, but benefits from a central location and rare architectural character. A project with strong potential, in a unique Béarnaise setting, reserved for buyers capable of envisioning its possibilities. Contact me to discover the project, plans, development options and terms of acquisition for the lot.

Ref: 2096417

Characteristics

  • Terrace
  • Electric heating
  • Built in 1800

Others informations

Condominium details

Number of units
5
Annual fees
not available
Current proceedings
no

Price details

Sale price
€72,000

of

Price per m²
€1,333 / 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

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