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Le Bouscat
Gross Yield:
7.3%
Time to pay off with rent:
1.1 years
Price Difference:
-50000%
Expected Rent:
97120€/month
Just a few meters from the city of Bordeaux, this exceptional renovated building offers a total area of 323 square meters, impeccably furnished and tastefully decorated. The property comprises seven distinct units, including a 40 square meter commercial space on the ground floor, currently leased at 650 euros per month. Also on the ground floor are three studios, each approximately 20 square meters, which are actively utilized for short-term rentals, generating a remarkable track record of 40,000 euros net for the owner per year. Additionally, there is a two-story house of 95 square meters, featuring a swimming pool and garage, which is rented under a furnished lease at 2,300 euros per month. On the first floor, two T2 apartments of 40 square meters each are available, generating monthly rents of 990 euros and 820 euros, respectively. This investment offers substantial annual rental income, amounting to 97,120 euros before charges, with the total management of short-term rentals already delegated. The property is situated in a highly sought-after area, known for its heritage, making it an ideal opportunity for both investors seeking rental income and individuals interested in a mixed-use project that incorporates personal living space alongside investment potential. There is potential to further increase the yield by approximately 20% through minor renovations. Energy class C and climate class A, with estimated annual energy expenses for standard use ranging between 810 and 1,180 euros. This property promises a strong return in a vibrant locale, equipping future owners with both a splendid living environment and lucrative rental opportunities.