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Business opportunity for sale in Montpellier

USD 1,718,409

Business opportunity (For sale)

16 bd
13 ba
10,226 sqft
lot 58,104 sqft
Reference: SEQD-T20216 / hh-15158701
Rare product 30 minutes from Montpellier, come and discover this tourist property composed of a 19th century farmhouse and an extension, representing 12 rented accommodations and a reception room, built around a patio. These 950 m2 of living space are divided between a house of more than 100 m2 in old stons renovated with its private garden and its garage.In addition 12 apartments (from studios to T3) articulated around a central patio. A large reception room and a relaxation area. The incredible environment in the Mediterranean nature and the view of the Pic St Loup make it a place full of charm and poetry that invites us to rest and contemplation. The common areas include a fully renovated and secure 14m x 7m swimming pool, a large free parking space, and other technical and sanitary annexes. The whole on a park of more than 5000 m2. Several projects are possible here:
- Simple classic rental investment representing 5 percent profitability (furnished rental in place),
- Tourist exploitation that can represent up to 15 percent profitability in the year,
- Gite with independent main residence,
- Possible annex for events... Highly sought after area in the heart of the Pic St Loup environment near Montpellier.For more information, do not hesitate to contact us.
View more View less Rare product 30 minutes from Montpellier, come and discover this tourist property composed of a 19th century farmhouse and an extension, representing 12 rented accommodations and a reception room, built around a patio. These 950 m2 of living space are divided between a house of more than 100 m2 in old stons renovated with its private garden and its garage.In addition 12 apartments (from studios to T3) articulated around a central patio. A large reception room and a relaxation area. The incredible environment in the Mediterranean nature and the view of the Pic St Loup make it a place full of charm and poetry that invites us to rest and contemplation. The common areas include a fully renovated and secure 14m x 7m swimming pool, a large free parking space, and other technical and sanitary annexes. The whole on a park of more than 5000 m2. Several projects are possible here:
- Simple classic rental investment representing 5 percent profitability (furnished rental in place),
- Tourist exploitation that can represent up to 15 percent profitability in the year,
- Gite with independent main residence,
- Possible annex for events... Highly sought after area in the heart of the Pic St Loup environment near Montpellier.For more information, do not hesitate to contact us.
Reference: SEQD-T20216
Country: FR
City: Montpellier
Postal code: 34000
Category: Commercial
Listing type: For sale
Property type: Business opportunity
Property subtype: Bar, Hotel, Restaurant
Luxury: Yes
Property size: 10,226 sqft
Lot size: 58,104 sqft
Rooms: 40
Bedrooms: 16
Bathrooms: 13
Garages: 1

SALE PRICE PER SQFT IN MONTPELLIER

Average sale price per sqft
Oct 2023
3 months
1 year
House
USD 436
-3.5%
+3.5%
Apartment
USD 471
-2.8%
+8%

AVERAGE HOME VALUES IN MONTPELLIER

REAL ESTATE PRICE PER SQFT IN NEARBY CITIES

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