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Price |
€315 000
(HAI)**
**agency fees included : 5 % TTC to be paid by the buyer (€300 000 without fees) Reduction from €370,000 to €315,000 |
Ref | A22290GT65 |
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Town |
BAGNÈRES-DE-BIGORRE MAP |
Dept | Hautes-Pyrénées |
Surface | 201 M2* | Plot Size | 13 M2 |
Bathroom | 0 | Bedrooms | 0 |
Location |
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Type |
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Voir l'annonce en français |
A GREAT INVESTMENT OPPORTUNITY WITH A RENTAL RETURN OF BETWEEN 5-8%. A rare opportunity to acquire the superb Jeanne d'Albret house right in the historic centre of Bagnères de Bigorre with 3 apartments to finish. This popular Pyrenean thermal, spa and ski town is a great tourist centre. The exterior of the building is completely renovated - new roof, windows, facade, all the structural aspects are done! All that remains is to create the 3 apartments for which the plans have been done and they are included in the price. This exceptional building sits in a quiet little square a 2 minute walk from Les Halles de Bagneres, the famous covered market. The main 16th century building, has a much earlier round stone tower attached, which houses a beautiful curved staircase to the upper floors.
Contact me for further photos and / or to arrange a visit.
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Due to a change of plan, the current owners are leaving this exceptional opportunity for someone to create the interior and achieve an anticipated rental return of 5-8%. The projected cost of completing the interior is in the region of €150 000 + furnishings.
ARCHITECT'S PLANS FOR:
One 51m2 one bedroom apartment suitable for handicap usage on the ground floor, and
Two 75m2, two bedroom, two bathroom apartments, one on each of the upper two floors, accessed by the tower staircase.
The really hard work has been done and approved by Architects de Batiments de France. All that remains is to create the interiors to finish the project.
The roof is new and insulated, the windows are new and double glazed, all the structural beams has been inspected, treated and changed where necessary and the facade has been redone.
Bagnères-de-Bigorre is a popular spa and ski town with a lot to offer. Along with the thermal cures, the covered market is fabulous and famous, as is Aquensis, the superb spa centre with a viking theme. There is also casino, a wide variety of shops, restaurants, sporting and cultural activities. There is an 18 hole golf course with views of the Pyrenees on the edge of the town. In the winter, there is skiing in several local resorts. There is an hourly shuttle, for example, running to La Mongie. The demand for short term/holiday rental, especially with handicapped access/usage is high and consistent. There is the added opportunity to have these apartments, once completed, rated by the Tourist Office - a high star rating would command even higher rents.
If you are looking for a unique rental project, where the hard work relating to historic buildings has all been done and all you have to do is let your creative juices flow - you must see this building. You don't even have to get plans done.
Feel free to contact me for further information and to arrange a visit!
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Information about risks to which this property is exposed is available on the Géorisques website : https://www.georisques.gouv.fr
*Property details are for information only and have no contractual value. Leggett Immobilier cannot be held responsible for any inaccuracies that may occur.
**The currency conversion is for convenience of reference only.
DPE not required