EXCLUSIVE – 4-UNIT INVESTMENT BUILDING – MONTPELLIER (34070) – AVAILABLE FOR ACQUISITION WITH VACANT POSSESSION Price: €599,000 Surface: 180 m² (Energy Rating: D) Location: 38 Avenue de Palavas, Montpellier – Strategic location with strong rental demand. THE INVESTMENT OPPORTUNITY Located on a dynamic commercial axis, this 4-apartment building in single ownership is a turnkey investment product. Currently leased to an association (payment guarantee), it offers the exceptionally rare opportunity to be sold with complete vacant possession and no tenant notice procedures required, allowing immediate scope for optimizing rental returns. PROPERTY COMPOSITION (180 m² total) Historic building (1900) in very good overall condition, distributed as follows: 1 x 4-bedroom apartment with generous space. 1 x 3-bedroom apartment with terrace. 1 x 2-bedroom apartment, standard layout. 1 x 2-bedroom apartment with terrace and independent entrance. Note: The building has no parking spaces. TWO INVESTMENT STRATEGIES AVAILABLE: Strategy 1: "Peace of Mind" Wealth Investment (Current Status) Continuation of existing leases with the managing association. Current annual rental income: €29,952 Secured gross yield: ~5% Strategy 2: "High Yield" Investment (Furnished Rental / Co-living) Acquisition of the vacant building. Opportunity to convert all 4 units to furnished rental status (LMNP) and transform the large 4-bedroom into a 3-bedroom co-living arrangement. Projected monthly rents (at Montpellier market rates): ~€3,400/month Estimated new annual rental income: ~€41,000 Optimized gross yield: up to 6.8% KEY BUILDING STRENGTHS Energy Rating D: No mandatory energy renovation work required under climate legislation in the short to medium term. Simplified management: Single ownership (zero syndicate or co-ownership fees). Independence: Individual Linky electricity meters for each unit, eliminating tedious cost-sharing disputes. Ready to rent: Building and apartments in good condition. Additional financial information: Property tax: €3,300/year. Complete file, optimized revenue matrices and additional photos available upon request. Contact me today to schedule a viewing and discuss your investment strategy.