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40230 Saint-Geours-de-Maremne 1,173 SF Flex Condo Unit Offered at $314,104


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DESCRIPTION
FOR SALE Set of three leased commercial spaces located in a modern professional building in Saint-Geours-de-Maremne. Ideally situated in a dynamic and easily accessible area, close to the A63 highway and just minutes from the Landes coast. A turnkey investment with no renovations required and immediate rental income. **Location** - **Town:** Saint-Geours-de-Maremne (40230) - **Area:** Rapidly developing business zone - **Access:** Close to A63 highway, D810 road, and train station less than 10 minutes away - **Environment:** Shops, artisans, local businesses, strong economic appeal **Composition** - Set of 3 professional spaces - 3 separate commercial leases - Current tenants (tertiary/services sector) - Modern building in excellent condition - Parking available **Financial Data** - **Sale Price (incl. agency fees):** €267,500 excluding VAT - **Annual rental income (excl. VAT):** €18,600 - **Gross yield:** 7.44% **Investment Example:** - **Personal contribution:** 30% (€80,250) - **Financed amount:** €187,250 over 20 years at 4.5% interest - **Estimated monthly payment:** Approximately €1,180 - **Monthly rental income:** €1,550 excluding VAT - **Positive gross cash flow:** Approximately +€370/month before taxes and expenses
PROPERTY FACTS
| Price | $314,104 | Property Type | Office (Condo) |
| Unit Size | 1,173 SF | Sale Type | Owner User |
| No. Units | 1 |
| Price | $314,104 |
| Unit Size | 1,173 SF |
| No. Units | 1 |
| Property Type | Office (Condo) |
| Sale Type | Owner User |
1 UNIT AVAILABLE
| Unit Size | 1,173 SF | Condo Use | Flex |
| Price | $314,104 | Sale Type | Owner User |
| Price Per SF | $267.78 |
| Unit Size | 1,173 SF |
| Price | $314,104 |
| Price Per SF | $267.78 |
| Condo Use | Flex |
| Sale Type | Owner User |
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"40230 Saint-Geours-de-Maremne"
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