Saint Pée Sur Nivelle Income Generating Building With Panoramic View And Strong Development Potent

Just a few minutes from the center of Saint-Pée-sur-Nivelle and its shops, this traditional building constructed in 1983 benefits from a calm and privileged environment, with an exceptional 180° panoramic view of the Pyrenees. Set on a plot of 2,593 m² located in UC zone, it offers a rare development potential, both for a rental project and for heritage purposes.
Developing more than 330 m² of floor area, including 255 m² under the Carrez law, the building is currently organized into three independent housing units. The main unit, approximately 120 m², features a spacious living room with an open kitchen of over 50 m², widely open to the outside thanks to four bay windows, one bedroom, a bathroom, and a master suite of 27 m² with its own shower room. A T3 apartment and a T2 apartment, each with their own independent access, complete the set and allow for rental income generation or accommodating multiple generations under one roof.
One of the main assets of this property lies in its development potential. The second floor offers the possibility of creating a fourth independent apartment, allowing for further optimization of rental yield or the development of a tailored real estate project. Additionally, there is a plot located in UC zone, opening up various development perspectives, such as an extension of the existing building or a potential division of buildable land, subject to current planning permissions.
Outside, a large terrace of approximately 150 m² facing south allows for full enjoyment of the panoramic view of the mountains and the surrounding tranquility. The land also has several parking spaces that can accommodate up to six vehicles.
The building is equipped with double-glazed aluminum windows, individual electric heating supplemented by a pellet stove, sanitation via a septic tank, as well as an attic providing additional storage space.
A rare property in the area, combining a privileged location, exceptional views, and strong development potential. It will suit both an investor looking to develop a rental project and a buyer seeking a primary residence with additional income and numerous development possibilities.
Our agency is available by phone from Monday to Saturday, from 8 AM to 7 PM, to answer all your questions and assist you with your real estate projects. Do not hesitate to contact us for personalized information and attentive follow-up of your procedures.
Reference: OLAVLO1580
REAL ESTATE SALE SAINT-PÉE-SUR-NIVELLE
SELLER’S FEES
Information on the risks to which this property is exposed is available on the Géorisques website: [hidden information]
Information on the risks to which this property is exposed is available on the Géorisques website: https://www.georisques.gouv.fr/