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1 bedroom house for sale in Herault (34), France

93 000€

Features

  • Terrace(s) / Patio(s)

Property description

As a potential buyer, this property can be considered as a good real estate investment and a lifestyle purchase option. The property is located in the center of Beziers and offers 50 m² of living space, which is suitable for a small family or even for an individual who wants additional space. The current renting furniture gives a gross yield of 5.16%, which can be a decent return on investment. However, it's important to consider that the property is part of a small voluntary co-ownership, and this may come with additional responsibilities and costs for the buyer. The annual co-ownership charges and potential legal risks should be thoroughly evaluated. The estimated annual co-ownership charges are 500, which is a relatively low amount. The market price of the property is €93,000, which is an advantage in today's real estate market, especially considering the current average prices in the area. This price can also be a bonus for those looking to get a foothold in the local property market or simply as a primary residence with potential rental income. Overall, for an individual looking to invest in a property with a decent return and with the potential for a lifestyle upgrade, or for someone just entering the property market, this property can be considered a good investment. However, it's essential to weigh all the pros and cons before making a final decision and always consult with an expert or legal professional when investing in property.

Location

Date added: 24.07.2024

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