iad France - Laurent Malet offers you: SPECIAL INVESTOR OPPORTUNITY: Income property with 4 units – Strategic location in Montpellier Location: 38 Avenue de Palavas, 34070 Montpellier
Rare opportunity on the Montpellier market: a single-owner income property consisting of 4 apartments, located on Avenue de Palavas, a dynamic and sought-after area due to its proximity to the city cente
iad France - Laurent Malet offers you: SPECIAL INVESTOR OPPORTUNITY: Income property with 4 units – Strategic location in Montpellier Location: 38 Avenue de Palavas, 34070 Montpellier
Rare opportunity on the Montpellier market: a single-owner income property consisting of 4 apartments, located on Avenue de Palavas, a dynamic and sought-after area due to its proximity to the city center and transport links.
Ideal for a secure patrimonial investment or a rental optimization project: the building is currently rented but can be purchased fully vacant.
Building composition: - T4 apartment — €724 - T3 apartment with terrace — €674 - T2 apartment (1) — €549 - T2 apartment (2) with terrace and private entrance — €549
TOTAL: 4 units, €2,496 / month
Financial data and profitability: - Current annual rental income: €29,952 - Property tax: €3,300 / year - Condominium fees: €0 (full single ownership)
Profitability potential: Possibility to fully vacate the building to optimize rents (switch to LMNP, shared rental of the T4, etc.).
Key points for the investor: - Turnkey: No work needed, the building and apartments are in very good condition. - Simplified management: Each unit has its own Linky electric meter (individual consumption). - Operational flexibility: Sold rented with immediate yield, or vacant for rental repositioning or resale by unit.
Note: The building does not have parking spaces.
Would you like to know more or schedule a visit?
Complete financial file, leases, and additional photos available on request. Contact me today to discuss your investment project.
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 for 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/