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Saint-Julien-les-Rosiers
Great opportunity for both amateur and professional investors to seize quickly. This property consists of a 145m² villa with a veranda and 3 studios/T2 of 20, 26, and 32m², all with independent entrances from the villa, fully furnished, air-conditioned, and ready to rent. The 3 units have been rented since 1997 (mainly to students and as a summer cottage rental), with an estimated rental income of over €18,000 per year. Additionally, the villa has solar panels with an EDF contract generating over €2,600 in the past year. The estimated value of the 3 units and solar panels is €200,000, making it a very profitable investment with a gross yield of 10% (estimated income exceeding €20,000 per year, allowing for self-financing without a down payment over 15 to 20 years). The purchase price of the main villa T4 (121m² + 24m² veranda) would therefore be €399,000 - €200,000 = €199,000. With a median price of €2080/m² over the last 24 months in Saint-Julien-les-Rosiers, this represents a purchase price between €50,000 (villa T4 alone) and €80,000 (for the entire 230m² property) below market value. Potentially, by dividing the villa into two apartments for rental purposes, combined with excellent property management, a fully self-financed project seems feasible over 20-25 years. The villa has many other attractive features, such as air conditioning in all rooms, a heat pump heating system from 2020 (also producing hot water), a 38m² living room, a 12m² kitchen, 3 bedrooms ranging from 12 to 16m², two bathrooms including a jacuzzi and sauna, and more. Outside, the property boasts a well-landscaped, fenced garden of over 1400m² with an electric gate and videophone, a summer kitchen, barbecue, covered parking, a 50m² terrace, a small workshop, and a cabin. Overall, this property offers a unique investment opportunity with potential for significant rental income, self-financing, and a range of modern amenities for comfortable living. The price is very reasonable compared to the market value, making it a compelling choice for investors looking for a profitable and attractive property.