Building Bayonne - Marracq

Located in a quiet street of the city of Bayonne this 300 m² building is a rare opportunity for an investment in the Bask country

Building in Bayonne (Marracq) – ideal for investors - € 683,500 Excl. fees

5 min by walk from the center of the city, next to high-schools and colleges, ideally located in a quiet street of the area of Marracq, this 300 m² building is just about to be totally refurbished.
The first building is a three level construction with a 4 room apartment, at the ground floor, with a private court and a “patio”. A private independent access leads to the first floor with two double room apartments one of which has a “loggia”. On the second floor, a 5 room duplex apartment with a huge veranda through which one can appreciate the view on south. The second building has an independent access with a double room apartment located on the ground floor, a 3 room apartment at the first floor. All the double room apartments are rented to day. The refurbishment works need to be achieved but a rental return of approx. 5.5% is expected. The property tax is of € 3,328/year. The energy uses diagnostic is under progress. This building, thanks to its location and possibility to use space to create new apartments, is a rare opportunity for an investment in the Bask country.