Investment properties with high potential: 20 apartments in La Guiche (71)

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Investment

LA GUICHE 71220

Investment properties with high potential: 20 apartments in La Guiche (71)

area
1400 m2
land
12779 m2

250 000€

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Presentation of the property : Building 68 rooms for sale in LA GUICHE

Discover a rare investment opportunity with these two apartment buildings located in La Guiche, a dynamic and rapidly growing town in the Saône-et-Loire region. These two buildings offer a total of 20 apartments, spread over three floors each, with numerous possibilities for renovation and increased value. Building Descriptions - Building 1 (9 apartments): 4 two-bedroom apartments, 2 three-bedroom apartments, 3 four-bedroom apartments - Building 2 (11 apartments): 2 one-bedroom apartments, 7 two-bedroom apartments, 2 three-bedroom apartments Common Features: Each functionally designed apartment includes: - A kitchen - A bathroom - A private cellar - A private garage Renovation Work Required: Both buildings require significant renovation work to modernize the apartments and maximize their rental appeal. They represent an excellent foundation for an ambitious redevelopment project with strong profitability potential. Key features: - Strategic location in La Guiche, a rapidly growing town - 20 apartments offering significant rental potential after renovation - Private garages and cellars for each apartment, a highly sought-after feature for tenants - Unique opportunity to acquire two buildings to optimize renovation costs and generate high returns. These two buildings can be sold together or separately, depending on your investment plan. Don't miss this opportunity to realize a high-value real estate project. For more information or to arrange a viewing, please contact us!

The fees are payable by the seller. Property with excessive energy consumption: class G
Les informations sur les risques auxquels ce bien est exposé sont disponibles sur le site Géorisques : www. georisques. gouv. fr.

** ENGLISH SPEAKERS: please note that Capifrance has an international department that can help with translations. To see our range of 20,000 properties for sale in France, please visit our Capifrance website directly. We look forward to finding your dream home!

Additional information :

Total price including fees 250 000 €
Fees payable by the seller

To view the fee schedule : click here

Location of the property : Building 1400 m2 for sale in LA GUICHE

71220 LA GUICHE

Features of this property :

Information

#id	340 938 736 759
Nb of room(s)	68
Surface area	1 400 m²
Surface area Carrez Law	1 258 m²
Land surface area	12 779 m²
Construction date	1963
Renovation	yes

Other informations

Garage	yes

Financial

Agency fees included price	250 000 €

250000

Diagnostics

Estimated annual energy costs of the property

Between 40140 € and 54420 € by year

Estimated amount of annual energy expenditure for standard use : in the form of a range with indication of the range

Average energy prices indexed as of January 1, 2021 (subscriptions included)

Capifrance advisor in charge of this property

Christiane AUDUC

Charolles

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FAQ

The Capifrance team answers your frequently asked questions:

How to finance the purchase of a property?

To obtain a mortgage, it is necessary to compile a loan application file with a bank or a credit institution. The conditions for granting a loan generally include a personal contribution, job stability, a reasonable debt-to-income ratio, and a good repayment capacity. It is advisable to compare offers from different institutions to get the best terms.

What are the costs associated with purchasing a property?

In addition to the purchase price of the property, several additional costs should be anticipated, such as notary fees (approximately 7 to 8% of the sale price for an older property), agent fees, loan application fees, insurance, as well as potential renovation or furnishing costs.

What is the difference between a sales agreement and a sales promise?

The difference between a sales agreement and a sales promise lies mainly in the commitment of the parties and the consequences in case of non-compliance with the terms of the contract.
Sales agreement: Strong mutual commitment between both parties. If one party withdraws, the other can demand the forced execution of the property sale.
Sales promise: Unilateral commitment from the seller. The buyer has the option to purchase or not, with a reservation fee in case of non-purchase.

What are the steps to make a real estate purchase offer?

. Contact a Real Estate Advisor
Express your interest in the property for sale.

. Propose a Price and Purchase Conditions
Indicate the offered price and conditions (timeline, contingencies, etc.).

. Wait for the Seller's Response
The seller can accept, reject, or propose a counteroffer.

. Formalize the Sale
If the offer is accepted, sign a sales agreement and verify the legal documents.
Finalize your financing if necessary.
Sign the deed of sale at the notary's office to officially become the owner.

These steps will help you secure and successfully complete your real estate purchase.

Investment properties with high potential: 20 apartments in La Guiche (71)

Presentation of the property : Building 68 rooms for sale in LA GUICHE

Features of this property :

Capifrance advisor in charge of this property

Real Estate Daily

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