🌟 Exclusive Multi-Unit Holiday Rental Opportunity in Carcassonne! 🌟
Property Overview:
Step into the heart of Carcassonne with this exquisite 4-unit property nestled in Center Ville. Listed at a compelling price of 425,000 euros, experience the perfect fusion of heritage charm and modern-day amenities. Just steps from bustling shops, gourmet restaurants, and minutes away from the iconic citadel and efficient train station:
✨ Immerse yourself in local culture while residing in the opulent main unit and simultaneously reaping revenue from two currently leased spaces. ✨ Envision a chic office or upscale rental in the unfinished space, further bolstering your annual income. ✨ Opt for an all-out rental strategy to maximize earnings with all units available. ✨ Enjoy the ease of an optional cleaning service, tailored for the discerning tenant or owner.
'Carcassonne's Heartbeat: Steps from Delight, Moments from Wonder.' Dive into this unparalleled opportunity where timeless elegance meets sound investment. Secure your place in Carcassonne's vibrant tapestry of Carcassonne.
Boasting an attractive list price of 425,000 euros, this gem promises a robust ROI upwards of 15%. Whether you cherish personal space or eye a booming rental business, the options are endless:
✨ Live in the luxurious main unit while earning from two currently rented spaces. ✨ Convert the unfinished space into a modern office or spruce it up for an additional 15,000 euros annual income. ✨ Think bigger? Rent all units to optimize earnings. ✨ An optional cleaning service ensures tenant satisfaction, though those keen on maximizing their ROI can explore cost-saving alternatives.
Modern amenities, strategic location, and the allure of stable rental income make this an investor's dream. Dive into an opportunity where lifestyle meets a rewarding investment. Embrace the future of real estate at
Proforma for :
List Price: 425,000 euros
Annual Potential Gross Income:
Units 1 & 2 Rental: 35,250 euros
Unit 3 Potential Rental (after 10,000 euros renovation): 15,000 euros
Unit 4 (Main Unit) Potential Rental: 35,000 euros (based on previous info)
Total Annual Gross Income: 85,250 euros
Annual Fixed Expenses:
Electric: 2,640 euros
Water: 1,200 euros
HOA: 400 euros
Insurance: 200 euros
Property Tax: 3,420 euros
WiFi: 672 euros
Total Fixed Expenses: 8,532 euros
Optional Annual Expense:
Cleaning: 9,600 euros(optional, can be passed on to tenants or absorbed by owner)
Net Operating Income (NOI):
Without cleaning: 76,718 euros
With cleaning: 67,118 euros
Cap Rate (without cleaning): 18% (based on NOI of 76,718 euros) Cap Rate (with cleaning): 15.79% (based on NOI of 67,118 euros)