Located in Aubervilliers, France, the Le Facteur operation offers an investment opportunity in a 39 m² apartment with convertible attics. The property, valued at €255,000, includes 2 cellars in the basement and is part of a renovation project to convert the attic space. Upon completion, the apartment will be resold as a T4 duplex with an area of 79 m² Carrez, generating a potential margin of €54,532 or 13% of turnover after financing.
The estimated minimal return on this investment is 11%, making it an attractive option for those looking to diversify their portfolio. The project aims for a cost price of €370,468 and a turnover of €425,000, providing a clear path to profitability for investors.
Situated in the Seine-Saint-Denis department, this property offers a unique opportunity to participate in the revitalization of the Aubervilliers area. With structural and finishing work planned to enhance the apartment's value, investors can expect a solid return on their investment once the project is completed.
Investing in real estate in Aubervilliers not only offers financial benefits but also the satisfaction of contributing to the growth and development of the community. The strategic location of the property and the potential for future appreciation make it a promising investment for those seeking long-term gains.
With a price per share of 1 and a currency symbol of €, this investment opportunity provides a transparent and straightforward option for investors looking to enter the real estate market in France. Don't miss out on the chance to be part of this exciting project in Aubervilliers.