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5 bedrooms house for sale in Var (83), France

599 000€

Property description

From a buyer's perspective, this property offers a great opportunity for both real estate investment and lifestyle purchase. The property is located in a picturesque setting, 15 km from Draguignan, and it comes with a large wooded park of 5000 m2. Additionally, the property has a total living space of 220 m2, consisting of a main house with 2 bedrooms, and 3 independent studios with private terraces and jacuzzis. This setup presents several possibilities, such as hosting family, friends, or providing long-term rentals, potentially generating a decent rental income. The property is tastefully restored and well-equipped, with quality materials that ensure a cozy and welcoming atmosphere. The backdrop of a tranquil green setting and a flowing river that is dry for half the year adds to the property's charm, creating telltale signs of serenity and idyllic living. The location also offers proximity to the Gorges du Verdon and the Var coastline, which is a bonus for those seeking outdoor activities or a holiday home. However, investing in this property also comes with operational risks and responsibilities. The buyer will need to assess the local rental market and ensure that the estimated rental yield of 25-30 k is achievable. Furthermore, there may be additional expenses such as maintenance, taxes, and potential renovations or upgrades. In conclusion, this property presents a unique opportunity for real estate investment from both an economic and lifestyle perspective. The idyllic setting, spacious layout, and income-generating potential are appealing features, but investors must also weigh the risks and responsibilities associated with the purchase.

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Date added: 24.07.2024

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