High-Potential Investment Property - Former Hotel (Near Figeac)

9 Beds
Habitable Size: 200 m²
Land Size: 580 m²

€89,900

Region: Midi-Pyrénées Department: Aveyron (12) Commune: Asprières (12700)

For Sale By Agent

Agency: Selection Habitat Selection Habitat Find more properties from this Agent
Wise Currency Conversion provided by Wise
€89,900 is approximately:
British Pounds: £77,080
US Dollars: $104,409
Canadian Dollars: C$144,136
Australian Dollars: A$144,721
Please note that these conversions are approximate and for guidance only and do not constitute sale prices. To find out more about currency exchange, please visit our Currency Exchange Guide.
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Key Info

  • Type: Residential (Apartment, House), Business (Apartment Building / Block Of Flats, Hotel), Investment Property
  • Bedrooms: 9
  • Habitable Size: 200 m²
  • Land Size: 580 m²

Features

  • Cellar(s) / Wine Cellar(s)
  • Garden(s)
  • Gîte(s) / Annexe(s)
  • Rental / Gîte Potential

Property Description

High-Potential Investment Property - Former Hotel (Near Figeac)

Ideally located in the center of Asprières, just 20 minutes from Figeac and less than 5 km from all amenities, discover this former hotel with high potential.
Set on a 580 m² plot with a beautiful outdoor area, this building offers spacious volumes and a sound structure, ideal for a rental investment project or a large primary residence.

As the rental market in the Figeac and Capdenac area is particularly tight due to the economic dynamism of this employment hub, this property represents a major strategic opportunity for an investor.

The entire structure is solid and sound, with no structural issues to report.
The exterior walls are perfectly plumb (straight), and no cracks are visible on the building.

One of the key advantages for remodeling this property lies in the fact that most of the interior walls are non-load-bearing partitions, offering total freedom to redistribute the spaces according to your plans.

One of the basement rooms houses an oil-fired boiler that previously supplied collective heating through a complete plumbing and radiator network.
This is an important technical asset if you wish to keep this hot water circuit to provide efficient and cost-effective central heating for all future tenants.

The building currently includes 9 bedrooms, 1 large shower room, and 2 kitchens.
Another major advantage for the renovation: each room already has its own water supply and drainage connections, which considerably simplifies dividing the property into separate units.
Furthermore, the wastewater networks are connected to the mains drainage (public sewer system).

Thanks to its two individual entrances that independently serve the building, the property can be easily divided:

On the Ground Floor, there is the possibility of connecting a portion of the basement (37 m²) to the ground-level space to create a large and beautiful apartment of approximately 75 m².

On the First Floor, this level can be divided into 2 or 3 distinct apartments to maximize rental income.

Finally, the building includes 4 large private garages, which is a highly valuable selling point on the market to attract and retain tenants.

This property can also be reconfigured into a beautiful and spacious primary residence.
By remodeling the first level, you can achieve a living area of nearly 160 m² with an exit leading to the garden, perfect for creating a vegetable patch or a children's play area.

Information on the risks to which this property is exposed is available on the Géorisques website:

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€89,900

Wise Currency Conversion provided by Wise
€89,900 is approximately:
British Pounds: £77,080
US Dollars: $104,409
Canadian Dollars: C$144,136
Australian Dollars: A$144,721
Please note that these conversions are approximate and for guidance only and do not constitute sale prices. To find out more about currency exchange, please visit our Currency Exchange Guide.

Location Information

Aveyron (12), Midi-Pyrénées
Region: Midi-Pyrénées Department: Aveyron (12) Commune: Asprières (12700) Location: ASPRIERES View Large Map

For Sale By Agent

Agency: Selection Habitat Selection Habitat Find more properties from this Agent

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