850 000 €
850 000 €
Sale price | 850 000 € |
Price per square meter | 1 307 € |
Floor area | 650 sq.m |
Construction phase | Resale |
Date of construction | 1910 |
Number of storeys | 2 |
Floor | 2 |
Parking | 12 places |
Address | France, Condom, 14, Avenue des Anciens Combattants 32100 Condom |
Location | in a village |
to the airport | 30 kilometers |
Profitability | |
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Annual return | 13 % |
Return (initial profitability) - rental income (excluding expenses) / price of the object excluding expenses*100% |
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Annual income | 110 000 € |
Annual rental revenue, excluding operating expenses |
|
Cash flow for the year | 220 000 € |
Annual rental revenue, including operating expenses and credit, before taxes |
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Pay-off period | 8 years |
Rental income covers all the expenses in |
Maintenance | |
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Annual tax | 6 000 € |
Operating expenses | 70 000 € |
Total year expenses | 76 000 € |
Located in the heart of Gascony, this charming boutique hotel offers 12 en-suite rooms, a restaurant, a professional kitchen, a swimming pool and private parking. Conveniently located on a quiet, cobblestone street. This beautiful stone house has been renovated and transformed into a comfortable boutique hotel. It is popular with both Catholic pilgrims traveling to Lourdes and tourists. Its beautiful wrought iron gates at the entrance open onto a romantic patio, which is great for serving dinner and drinks on a hot summer evening. It offers a lovely outdoor pool with its own secluded terrace and ample private parking for hotel guests. On the ground floor there are 2 large dining rooms with wood paneling and magnificent antique parquet floors with French doors opening onto a terrace overlooking the pool at the rear of the hotel.
On the ground floor there is also a restaurant hall with stone walls and vaulted ceiling, a breakfast kitchen and 2 spacious rooms with bathrooms. A beautiful stone staircase leads to the second floor, where there are 10 cozy rooms, each with its own bathroom. There is another small bedroom with a shower in the attic. The ground floor on the lower level of the garden includes a professional kitchen, large storage rooms, a boiler room and pool equipment.
The new owners of this beautiful property have the opportunity to continue managing this popular boutique hotel or transform it into a large family estate full of charm and authenticity.
All existing furniture and equipment are included in the sale price of the property.
There is an apartment building next to the hotel, which new owners can purchase for living.