Description

IDEAL:
– Investors (potential rental income of €1,257,000 over 25 years, gross yield of 6.32%)
– Large families, independent living units.

Magnificent 310m² Provençal bastide located in a former olive grove, enjoying the tranquility of a small cul-de-sac, a 5-minute walk from the village and schools of Seillans. A substantial stone-built house, constructed in the 1970s, with beautiful and solid foundations typical of houses of yesteryear (double course of concrete blocks), nestled in an authentic and preserved village.

This house has undergone a complete renovation to blend modernity and tradition. The house is divided into 3 completely independent and fenced apartments (which can be connected if needed).

On the ground floor:

– A 73m² 3-bedroom apartment, fully renovated with high-quality finishes, comprising a fitted kitchen, 3 bedrooms, and a bathroom with a walk-in shower. Double glazing and reversible air conditioning throughout. A sunny garden completes the apartment. It also has a double garage with a mezzanine for parking two vehicles. Tenants have their own private entrance.
This apartment is rented furnished for €1,000 per month (with an estimated rental potential of €1,200 and a scarcity of such properties, making it highly attractive) to reliable tenants. The lease is for one year, expiring in May 2026, and is tacitly renewable.

– A brand new 80m² (renovated less than 6 months ago) 3-bedroom apartment with high-quality finishes, including a fitted kitchen, three bedrooms, a bathroom with a new walk-in shower, and an interior laundry/storage area. Double glazing and new reversible air conditioning throughout. A private garden with a new wrought-iron electric gate and two parking spaces is included. The entrance is completely separate.
This apartment is rented to independent and respectful tenants for €1050 per month (with an estimated potential of €1250 due to high demand and a housing shortage in the Fayence area). The lease is for one year, automatically renewable, and expires in June 2026.

On the first floor:

A 164m² (1,776 sq ft) 4-bedroom apartment, completely renovated with care and modern amenities (renovation completed less than a year ago). Enjoy a large 70m² (753 sq ft) living room with a fully equipped open-plan kitchen featuring high-quality appliances. This welcoming and warm room boasts a beautiful new wood-burning stove that heats a large part of the house and is perfect for cooking delicious meals in winter. A cozy hallway leads to the sleeping area with four lovely, spacious bedrooms, two of which open onto a magnificent shaded cement-tiled terrace overlooking the garden. You will enjoy a bathroom with a toilet (renovated with travertine tiles, a walk-in shower, and a corner bathtub) and a second toilet. You will also benefit from a spacious double cellar. All rooms are heated by reversible air conditioning. This dual-aspect property features two gardens, one with a 7x4m above-ground pool (with space for a pool) and fruit trees, and the other with a carport/workshop, a woodshed, and a wooden garden shed. New, automated wrought-iron gates. Rainwater harvesting and an underground tank. A large attic completes this property. The facade has just been renovated.

This property is an incredible opportunity to invest while maintaining a spacious and independent living space, financed by rental income. Ideal for large families, multiple families, investors, or as a supplementary income.

Rental potential:
The two downstairs apartments: (1,250 + 1,200) x 12 = 29,400 (potential rental income of €735,000 over 25 years).
The two downstairs apartments and the upstairs residence: (1,250 + 1,200 + 1,750) x 12 = 50,280
(potential rental income of €1,257,000 over 25 years). Gross yield of 6.32. Agency fees payable by the seller.
Performance Certificate (EPC): C.
Estimated annual energy cost, minimum: €2,560 – maximum: €3,520.
Real estate agent: Alexandre MICHEAUX (Sole Proprietor). RSAC (French Trade and Companies
): 452 663 909.
Information on the risks to which this property is exposed is available on the Géorisques website: https://georisques.gouv.fr. This website will also include an information sheet 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 Alexandre MICHEAUX (EI), independent real estate agent (without holding funds), sales agent for THE DOOR MAN France SASU registered with the RSAC, holder of the real estate canvassing card on behalf of THE DOOR MAN France SASU.