Harmon à Vendre : Investment Property Pau Center Immediate Profitability
6 Beds
2,153 Sqft
Updated: August 7
About the Property
Located in the heart of Pau, in a sought-after, dynamic sector, this investment property represents a rare asset opportunity, ideal for an investor looking for secure, long-term rental income.
Building composition
The building comprises 7 apartments (out of a total of 8, one of which is currently being refurbished), harmoniously distributed from studio to T2, offering a highly so
Located in the heart of Pau, in a sought-after, dynamic sector, this investment property represents a rare asset opportunity, ideal for an investor looking for secure, long-term rental income.
Building composition
The building comprises 7 apartments (out of a total of 8, one of which is currently being refurbished), harmoniously distributed from studio to T2, offering a highly sought-after rental diversity: - Functional studios - T1 and T1 bis - T2 with private courtyard
The units are optimized in terms of surface area and layout, and are ideally suited to local rental demand (students, young professionals, single people).
Rental situation - Mostly rented - Tenants in place, some of whom have been with the company for a long time, a guarantee of stability - Current leases and deposits paid - No co-ownership system (simplified management)
Rental income - Monthly rental income: €3,227.20 - Annual rental income: €38,726.40 - Potential for further optimization with the completion of the renovation of the last unit
These figures make this property a highly profitable investment, with an attractive gross yield to be refined according to the acquisition price.
General condition & diagnostics - Old building (pre-1949), well maintained - Technical diagnostics carried out on the entire building - Absence of termites - No major risks (natural, mining or technological) - DPE available for each property Major assets Central location in Pau Immediate and secure income Strong rental demand Housing typology adapted to the market Potential for rent increases and value enhancement Harmonious, coherent building with character
For further information or to arrange a viewing, please contact : Julien LE MOAL [hidden information] Harmon Immobilier Information on the risks to which this property is exposed is available on the Géorisques website: https://www.georisques.gouv.fr/