邮编 (- 15 days)
Located in the city centre of Tarbes and near Marcadieu Square, this building of 13 flats is composed of 4 studio-flats, 6 one-bedroom flats and 3 two-bedroom flats for a possible monthly total of 3900 euros.
It has an ideal situation in the city, all services nearby and many free parking spaces. This building, with the renovation of some flats needing to be finished, will allow you to create property and to ensure your pension.
Currently, there are four flats to let out; some renovation is needed.
Once all the flats have been renovated and let out, you could have an annual rental yield of 47,076 euros.
Yearly expenses:
- Insurance 931 €
- Property tax 4939 €
- Housekeeping 900 €
Yearly rent - expenses 47,076 - 6,770 = 40,306 € ?12 = 3,358 € return.
By paying the notary fees with a personal capital contribution, the financing of 411,000 euros over 20 years at 2.4% and insurance at 0.36% comes to a monthly payment of 2,281 €. This property will generate a monthly profit of 1,077 €.
For further information and the balance sheets, please contact our agency for an appointment.
This building is in the heart of Tarbes; 5 minutes from the train station and the motorway; 20 minutes from an international airport; 20 minutes from Lourdes; 30 minutes from Pau (Ryanair); 1 hour from ski slopes and Spain; 1 1/4 hours from Toulouse and the Atlantic Ocean and 1 1/2 hours from Biarritz.
