Next>announcement n° 1/4 3-ROOM APARTMENT 53 M2 SEAFRONT HYERES HYERES (83400)Apartment Studio T3Sea side215 000 €53 m²Ref. : 196287 3-room apartment 53 m2 seafront hyeres (83400).Rare opportunity in the heart of Hyères' historic center, steps from Place de la République and the Parcours des Arts: two adjoining apartments on the same floor of a character building, offered together, ideal for an investor seeking immediate profitability and capital appreciation. Lot composition: ? 1 studio apartment of 17m² ? 1 two-bedroom apartment of 37m² ? Same building, same floor ? Adjoining units (shared wall) ? Simplified property management Estimated rental income: ? Studio: ?400 to ?450/month ? Two-bedroom apartment: ?600 to ?650/month Total monthly income: ?1000 to ?1100 ? Estimated overall gross yield: approx. 5.5% to 6% ? Very low condominium fees: ? Studio: ?220/year ? 2-bedroom apartment: ?470/year depending on the condition of the property ? 2-bedroom apartment: no work required ? Studio: possibility of light refurbishment (rental optimization lever) ? Properties suitable for long-term rentals ? Strong rental demand in the area ? Potential for development (a major advantage) As the two units are located on the same floor and separated by a party wall, the property offers interesting potential for reunification, allowing the creation of a large 3-bedroom apartment, subject to administrative and condominium approvals. This configuration allows for several strategies: ? maintaining two separate units Separate lots for optimized profitability, ? reunification for a heritage or luxury residential project, ? or separate resale at a later date. The property comprises 2 lots and is located in a 10-unit condominium (average annual condominium fees are ?500 and the condominium association is not subject to any proceedings mentioned in Article L. 721-1 of the French Construction and Housing Code). Information on the risks to which this property is exposed is available on the Géorisques website: www.georisques.gouv.fr. Sale price: ?215,000. Agency fees payable by the seller. Contact your megAgence consultant: Emna KRIFA, Tel.: +33 7 67 60 62 12, Email: emna.krifa@megagence.com - Sole Proprietorship - Sales Agent registered with the Paris Trade and Companies Register under number [number missing in original text]. number 520 151 895 Location : HYERES (83400) Agency contact detailsMEGAGENCE118 ROUTE D'ESPAGNE Immeuble B le phénix 31100 TOULOUSETél. : 05 32 09 32 18View all announcementsContact the agency