Exclusive Listing: 2-Bedroom Apartment For Renovation, Hotel

Exclusif

Investment Opportunity - Apartment to Renovate - Direct Beach Access - Orient Bay. Located on the first floor of the Hôtel Mont Vernon residence and boasting direct access to the island's most sought-after beach, Orient Bay, this apartment represents a rare investment opportunity on the local market. With a living area of 76.89 m² (Carrez Law), this property offers significant potential for appreciation after renovation, with the possibility of being converted into a two-bedroom apartment, perfectly suited for tourist rentals in this area. It features a large terrace and a partial sea view, assets particularly appreciated by seasonal clientele. The apartment requires complete renovation, allowing for an optimized and personalized layout. A significant advantage: The materials for the floor renovation (cream-colored marble tiles and supplies) have already been purchased by the seller and are included in the sale, for a value of approximately €6,100. The air conditioning units and the electrical panel are new. This secure and highly sought-after residence for seasonal rentals offers attractive amenities: - Magnificent swimming pool, the largest on the French side of the island - Direct beach access - Mini-market within the residence - Pizzeria/restaurant - Laundry service - Large parking area. Thanks to its exceptional location and the residence's infrastructure, this property presents excellent rental yield potential, with consistent demand throughout the year. Condominium fees: €997/quarter. Property tax: €1,235/year.

Number of units in the condominium: 440. Average annual share of expenses (estimated budget): €3,988, or €332 per month. The fees are payable by the seller.


** 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!

Référence : 34

Pièces : 3
Chambres : 2
Surface : 77 m²
Grenier : non
Quartier : MONT VERNON
Nombre de place de stationnements : 0
Libre à la vente : Oui