Housing estate in Orthez

Pyrénées-Atlantiques, Nouvelle-Aquitaine

€287,000

REF: AF26516

Added 91 days ago

SAVE
type Unspecified
bath 0.0
floor 208 m²

Property details

Located in the centre of Orthez, this investment property of 200 m² is composed of eight 26 m² studio apartments with kitchenettes; an excellent rental investment.

Situated in the heart of Orthez, this building with 2 levels is composed of 8 studio apartments that are currently let out.

No joint-ownership fees and low monthly charges, which represents a very good investment.

General state is in good condition. Tiled roof. Electric heating. Connected to mains drainage.

4 studios on the ground floor and 4 studios on the first floor. A small yard with a bike shed.

Located 5 minutes from the motorway; 45 min from Biarritz and Spain; 30 min from Pau; 1 hr 30 min from ski stations; 8 min on foot from a high-speed train station (TGV).

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Property Overview

Nestled in the vibrant centre of Orthez, this remarkable investment property features eight well-appointed studio apartments, each with a kitchenette, offering an enticing opportunity for rental income. With convenient access to transport links and a small yard, it seamlessly blends comfort and practicality in a sought-after location.

Lifestyle & Location

Living in Orthez, Pyrénées-Atlantiques, offers a delightful blend of vibrant community life and access to stunning natural landscapes. The town is steeped in history, with charming architecture and a welcoming atmosphere that encourages social interaction among residents. Local amenities are readily available, including shops, cafés, and markets where you can savour regional delicacies. The picturesque surrounding countryside is perfect for outdoor activities such as hiking and cycling, while the proximity to the Pyrenees and the Atlantic coast provides endless opportunities for exploration. Additionally, the area boasts excellent transport links, with a high-speed train station just an eight-minute walk away, making it easy to reach larger cities like Biarritz and Pau, as well as the beautiful Spanish border.

Market Summary
The property market in Orthez is currently characterised by a range of investment opportunities, particularly in multi-unit dwellings like the eight studio apartments available for sale. With low monthly charges and no joint-ownership fees, properties like these are attracting international buyers looking for rental investments in a region known for its accessibility and community charm. The combination of reasonable pricing and strong rental demand positions Orthez as an appealing prospect for those seeking to invest in the Nouvelle-Aquitaine region.