Building T10 in Perpignan with 3+ parking spaces

INVESTMENT BUILDING 5 APARTMENTS - €550,000 – PERPIGNANCLOS BANET AREA – QUIET AND RESIDENTIAL NEIGHBORHOOD

Located in a quiet and sought-after area of Perpignan, close to schools, clinics, and shops, and only a 10-minute drive from the beaches, this building, constructed in 1995, presents an ideal opportunity for investors.Built over three floors (R+2) and on three sides, it consists of five well-laid-out apartments, of types T3 and T3/4, all with balconies or private gardens.On the ground floor: a 46m² T3 apartment with a garden, three garages, and one private parking space per apartment.On the first floor: two 50m² T3 apartments with balconies.On the second floor: two T3/4 apartments of 71m² and 75m² with balconies.The apartments feature open-plan kitchens that are fitted and partly equipped.The common areas include a staircase and green spaces. The entire property is well maintained and in good overall condition, not requiring major work. 

The building is fully rented on an annual basis, with unfurnished leases, to stable and reliable tenants who have been in place for many years. Property management is handled by an agency with annual reconciliation of charges. Operating expenses remain low. Main advantages: - Single-owner building, well maintained. - No rental vacancy in this sought-after area. Annual rental income: €39,000. Plus annual charge provisions: €3,700. Property tax €6,130, of which €960 of TOM is recoverable from tenants and allocated to monthly charges. This building represents a turnkey, secure, and profitable investment in a neighborhood with strong rental demand. Exclusive listing.