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House for sale in Creuse (23), France

23 000€

Saint-Vaury

Features

  • Garden(s)
  • Off-Street Parking
  • Outbuilding(s)
  • Renovation / Development Potential
  • Renovation Project

Property description

From a buyer's perspective, this property offers a unique opportunity to invest in a restoration project. The house, located in a scenic hamlet, is in need of renovation, allowing for personal customization. With a living area of 60 m², it provides a decent space for a small family or someone living alone. The roof and windows are in good condition, which reduces potential cost and worry for the buyer. The disconnected water and electricity connections are minor challenges that can be addressed during renovation. The need for a septic tank and possible installation of a well, depending on the local regulations, will be further considerations. The property is well-suited for both real estate investment and lifestyle purchase. For investment, it can be remodeled for short or long-term rentals or for resale once completed. The quiet location and proper access to facilities provide comfort and potential rental appeal. As a lifestyle purchase, the secluded hamlet offers a tranquil atmosphere and privacy to its potential inhabitants. There is also the convenience of shops and services nearby and easy access to local attractions. Furthermore, the 1308 m² land offers ample space for outdoor activities, a garden, or even smaller additional buildings. However, location-wise, potential buyers might want to consider the remoteness of the property when making their decision. While seclusion can be appealing, it also means being away from urban conveniences, transportation hubs, and medical facilities. Minorogeneity, another potential risk factor, could also affect the value of the property if there is a decline in buyer demand for isolated houses. Overall, given the property's size, location, and amenities, it has the potential to be a lucrative real estate investment. Buyers willing to take on renovation projects and are looking for a rural lifestyle will find it particularly appealing. However, it would be crucial to consider personal and market factors when making the investment decision.

Location

Date added: 24.07.2024

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