$768,440

Toulouse Apartment

  • 3 Beds
  • 1 Baths
  • 1,249 Sqft
  • Updated: Yesterday

About the Property

Just steps from Place du Capitole, discover this 116m² T4 apartment located on the 3rd floor of an old building in the heart of Toulouse’s historic center. It allows you to enjoy shops, restaurants, transportation, and all downtown amenities on foot.

This cross-ventilated apartment offers generous space and a layout that allows for various arrangements. It consists of a living room, an in
Just steps from Place du Capitole, discover this 116m² T4 apartment located on the 3rd floor of an old building in the heart of Toulouse’s historic center. It allows you to enjoy shops, restaurants, transportation, and all downtown amenities on foot.

This cross-ventilated apartment offers generous space and a layout that allows for various arrangements. It consists of a living room, an independent kitchen, 3 large bedrooms, a bathroom, and a separate toilet.

The terracotta tile and wood floors add old-world charm to this apartment, which also offers great potential for remodeling and personalization.

Currently operated as a short-term rental via Airbnb and Booking, the property has strong rental potential. Based on observed performance and recorded bookings, the annual revenue is estimated between €60,000 and €70,000, representing a potential gross yield of approximately 8.6% to 10.1% based on the sale price of €695,000.

After platform commissions, annual income is estimated around €55,000, or nearly 7.9% of the acquisition price.

Management is particularly simple thanks to an independent cleaning company handling cleaning, laundry, and supplies, at an average cost of about €600 per month.

The sale is designed for seamless operational continuity, like a turnkey commercial activity: the buyer can take over the current organization, the visibility developed on Airbnb and Booking, as well as the dedicated website.

The goal is to enable the future owner to immediately continue a well-structured business benefiting from its commercial history, booking tools, and operational setup.

This property is especially suited for an investor seeking both a quality real estate asset and an already structured short-term rental operation.

Seller pays fees.

Your real estate consultant: Mickaël DESPORTES
OGP IMMOBILIER: The alliance of an innovative and professional concept for comprehensive support always placing people at the heart of the project.

Head office: 11 Avenue de Montauban 31620 Castelnau-d’Estrétefonds
SAS with capital of €1,000
SIRET [hidden information]
VAT FR [hidden information]
Professional card CPI [hidden information] issued by Toulouse.

Fees charged to the seller.

In a co-ownership of 1 lot. No ongoing legal proceedings.

Energy class E, Climate class B

Estimated average annual energy expenses for standard use, based on 2021 energy prices: between €2,233.00 and €3,021.00.

Information on risks to which this property is exposed is available on the Géorisques website: [hidden information].

Professional card [hidden information] AC [hidden information]
Information on the risks to which this property is exposed is available on the Géorisques website: https://www.georisques.gouv.fr/
…
  • Property type

    Apartment

  • Year built

    1750

  • Price/sqft

    $615

  • Consumption

    E

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Toulouse, Capitole, France View on Google Maps
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OGP Immobilier

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OGP Immobilier
France
View agency profile
18
Listings
2023
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OGP Immobilier
Castelnau-d'Estrétefonds, France
View agency profile
Last updated
Yesterday
First listed
November 13
Listing reference
VA3801-OGP
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