Building for sale in Bagneres-de-Bigorre, France

• 216 m² de surface habitable
• 8 salles d'eau
• GESC (12)
• 131 m² de terrain
• Chauffage électrique
• 1 balcon
• 11 pièces
• DPEF (362)

Ideally located, come and discover this building composed of 8 apartments (6 T1 and 2 T2) just a few steps from the thermal baths of the city of Bagnères de Bigorre. Spread over 3 levels, on the ground floor you will find a corridor leading to a 15m2 T1 room, access to the stairs and the inner courtyard. At the back of the courtyard, there is a building housing 1 T1 on the ground floor and 1 T2 on the first floor. On the first level, there are 2 T1 apartments. Similarly, on the second level, there are also 2 T1 apartments. The third level has a T2 apartment. All apartments have independent entrances, with shared water and electricity meters. However, each unit is equipped with a water shut-off valve and a dedicated electrical panel, making it possible to separate all meters (quotes available). The building's electricity has been completely renovated, and some insulation work is required. Due to its location, this property presents a great opportunity for the creation of guest rooms, furnished rental, or short-term tourist accommodation. If you are looking to embark on this venture, this property is perfect for you. Building located in a thermal town with renovation work required, offering substantial rental potential with a gross yield of 13.6% for operation at 60%. The seller is responsible for the fees. The property has excessive energy consumption and is classified as an F rating. Information on the risks associated with this property can be found on the Georisks website. As a real estate agent, I believe that this property offers great potential for rental income due to its location and the opportunity for different types of accommodation offerings. The price of 239500 seems reasonable considering the potential return on investment it offers, especially with the possibility to separate the meters and further improve the property's condition. It could be a profitable investment for someone looking to enter the hospitality industry or expand their real estate portfolio in a desirable location like Bagnères-de-Bigorre.