iad France - Karel Khouth offers you: RARE INVESTMENT IN LA PROVIDENCE – High-Yield Real Estate Complex (7.82% Gross) Located in the highly sought-after and quiet residential neighborhood of La Providence, discover this unique real estate complex situated on a 507 m² plot. With no overlooking neighbors, it offers perfect privacy, private gardens for each unit, and a rare layout in the area with 3
iad France - Karel Khouth offers you: RARE INVESTMENT IN LA PROVIDENCE – High-Yield Real Estate Complex (7.82% Gross) Located in the highly sought-after and quiet residential neighborhood of La Providence, discover this unique real estate complex situated on a 507 m² plot. With no overlooking neighbors, it offers perfect privacy, private gardens for each unit, and a rare layout in the area with 3 completely independent entrances. Sale price: €485,000 Total rental potential: €3,160 / month (or €37,920 / year) Gross yield: 7.82% 🚀 An exceptional opportunity for an experienced investor or a family wishing to live in the large unit while self-financing most of their mortgage through the two existing rents. Property Composition & Yield - Upstairs: A large 82 m² T4 apartment (vacant) - Ideal for your main residence, a traditional rental, or premium shared housing. - Estimated rental value: €1,600 / month - 3 bedrooms - Large bright living room with cross ventilation - Balcony with a pleasant open view - Private landscaped garden and dedicated parking space - Ground Floor: 2 rented units (Immediate income of €1,560 / month) - Studio (approx. 25 m²): Rented for €685 / month – with its own private garden and dedicated parking. - T2 (approx. 35 m²): Rented for €875 / month – with its own private garden. (Tenants in place, ensuring income from the day of purchase). Key Strengths & Highlights - Strong Financial Performance: Nearly 7.8% gross yield, a rare performance in this highly sought-after area. High potential for optimization (shared housing or seasonal rental for the T4). - Premium Location: Quiet, sought-after residential neighborhood close to all amenities. - Unique Layout: 3 independent entrances, no shared spaces, optimized areas, and private gardens for each unit ensuring comfort and privacy. - Security: Fully fenced land equipped with a gate. Agency fees paid by the seller. Property not subject to energy performance diagnosis (DPE). Information on risks to which this property is exposed, 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 Ms. Karel Khouth, independent real estate agent (without holding funds), commercial agent of SAS [hidden information] France registered with the RSAC of Saint Pierre de la Reunion 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/