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Brignoles
Gross Yield:
10.5%
Time to pay off with rent:
8.1 years
Price Difference:
15000%
Expected Rent:
1540€/month
Under offer: Special Opportunity for Investors! This is a revenue-generating building (R+4) located in the heart of Brignoles, within the DUP zone, making it a prime investment location. Close to parking facilities, this property boasts a total area of 154.90 m2, which includes 32.90 m2 of commercial space. It comprises 3 residential units and 1 commercial unit, with a building permit that has been purged and extended. The property requires complete renovation, with an estimated cost of approximately 166,000 euros. However, potential subsidies are available, covering 61% of the renovation costs, equivalent to around 102,000 euros. The expected net yield is 10.5% through furnished rentals and 10% for unfurnished rentals, along with potential tax benefits through various programs, including Anah, Malraux, and Fonciers Deficit, all of which are cumulative. The property carries a five percent agency fee, included in the total price. Overall, this investment offers a significant opportunity within a thriving area.