Vente Immeuble 180 M²

iad France - Laurent Malet offers you: EXCLUSIVE – INCOME PROPERTY WITH 4 UNITS – MONTPELLIER (34070) – POSSIBILITY OF PURCHASE FREE OF OCCUPANCY

Price: €599,000
Surface: 180 m² (Energy Performance Rating: D)
Location: 38 Avenue de Palavas, Montpellier – Strategic location with very high rental demand.

AN INVESTOR OPPORTUNITY
Located on a dynamic route, this building with 4 apartments under single ownership is a turnkey product. Currently rented to an association (payment guaranteed), it offers the extremely rare possibility of being sold completely free of occupants without eviction procedures, allowing immediate optimization of profitability.

UNIT COMPOSITION (180 m² total)
Old building (1900) in very good general condition, divided as follows:

- 1 x spacious 4-room apartment (T4).
- 1 x 3-room apartment (T3) with terrace.
- 1 x standard 2-room apartment (T2).
- 1 x 2-room apartment (T2) with terrace and independent entrance.

Note: The building does not have parking spaces.

TWO STRATEGIES ARE AVAILABLE TO YOU:
Strategy 1: ’Peace of Mind’ Heritage Investment (Current State)
- Take over existing leases with the managing association.
- Current annual rental income: €29,952
- Secured gross yield: ~5%

Strategy 2: ’High Yield’ Investment (Furnished Rental / Shared Housing)
- Purchase the building vacant. Possibility to convert all 4 units into furnished rentals (LMNP) and transform the large T4 into a 3-bedroom shared apartment.
- Projected monthly rents (at Montpellier market rates): ~€3,400/month
- Estimated new annual rental income: ~€41,000
- Optimized gross yield: up to 6.8%

BUILDING HIGHLIGHTS
- Energy Performance Rating D: No energy renovation work required by the Climate Law in the short/medium term.
- Simplified management: Single ownership (no co-ownership or management fees).
- Independence: Individual Linky electric meters for each unit, avoiding complicated re-billing.
- Ready to rent: Building and apartments in good condition.

Additional financial data:
- Property tax: €3,300/year.

Complete file, optimized income matrices, and additional photos available upon request.

Contact me today to schedule a visit and discuss your investment strategy.

Agency fees payable by the seller.
A valid ID will be requested at the visit, in accordance with article [hidden information] of the Monetary and Financial Code. Information on risks related to this property, including the legal obligation for brush clearing, is available on the Géorisques website: [hidden information]
This real estate listing was written under the editorial responsibility of Mr. Laurent Malet, independent real estate agent (without holding funds), commercial agent of SAS [hidden information] France registered with the MONTPELLIER RSAC under number [hidden information], holder of the real estate canvassing card on behalf of the company [hidden information] France SAS.
Information on the risks to which this property is exposed is available on the Géorisques website: https://www.georisques.gouv.fr/