Description

Alain BECAUD – The Door Man Real Estate offers for sale:

an investment property with 5 floors plus a converted attic, renovated in 2008 (apartments and common areas).
Facade renovation is planned.
Please note that this building is a listed historical monument (Bâtiment de France). It comprises

38 apartments and 38 cellars in the city center of Toulon,

totaling 76 units,
including 24 studios and 14 one-bedroom

apartments. Most apartments are currently tenanted.
Renovation of the common areas is scheduled for February 2026.

The valuation method is the "income-based" method, which capitalizes the
property's market rental value at a rate likely to be acceptable to an investor.
The projected monthly rental income is €18,500.
€18,500 x 12 months.
The asking price is €3,100,000. Agency fees included.

Contact me to schedule a viewing and take advantage of this investment opportunity, whether for rental purposes or with a plan to sell the property off in separate units after renovation.

Alain
BECAUD – The Door Man Immobilier – +33 6 09 53 14 88. Price: €3,100,000. Agency fees of 4.90% including VAT are payable by the buyer.
Price excluding fees: €2,955,195.42.
Performance Certificate (EPC): E.
Estimated annual energy cost: minimum €500 – maximum €720.
Information on the risks to which this property is exposed is available on the Géorisques website: https://georisques.gouv.fr. This website also provides information on brush clearing obligations and a map of the areas subject to this obligation.
This real estate advertisement was written under the editorial responsibility of BECAUD Alain, independent real estate agent (without holding funds), commercial agent of SASU THE DOOR MAN, holder of the real estate canvassing card on behalf of the company THE DOOR MAN SASU.