Vallauris House

In the heart of Vallauris, this entire building consisting of 8 apartments represents a structured investment opportunity, with existing rental income and potential for optimization.

The property spans several levels with a coherent layout. On the ground floor, two large studio/T2 apartments each have an outdoor garden area, currently unfinished in terms of landscaping (but already rented out for storage), offering immediate value enhancement potential.

The first and second floors each contain two large studios that need refreshing. Those on the first floor benefit from terraces, a valued feature for rentals.

On the top floor, two unique apartments complete the set: one with a mezzanine bedroom, the other with two mezzanine sleeping areas, providing volume and a distinctive layout.

The building currently generates monthly rents of €4,650, achieving a yield of about 7.5%, with further improvement potential through optimization and refreshing of some units.

All current leases are one-year contracts, offering flexibility to adjust the rental strategy in the medium term.

A complete asset, already in operation, providing a solid income base and identified value enhancement opportunities—ideal for an investor seeking immediate income combined with a long-term asset strategy.

Plans and details available upon request.

Information on risks related to this property is available on the Géorisques website: [hidden information], at the seller’s expense.

Energy class E, Climate class B.

Estimated average annual energy expenses for standard use, based on 2018 energy prices: €2,328.00.

DPE (Energy Performance Diagnosis) date: 31-01-2019.

Your KW HLC advisor: Thomas GEAY, Commercial Agent (Sole Proprietorship), RSAC 919101170.
Information on the risks to which this property is exposed is available on the Géorisques website: https://www.georisques.gouv.fr/