Rare case on the market, ideally located in the national park of ecrins in the high alps near the lake of serre poncon and many ski resorts, this house is ideal for an investor. It has a potential of 200m ² with 1000m ² of closed and raised ground. It can be transformed into 4 apartments of 50m² each with a land of 250m². The price of the house is only 300 000 € the works to transform it are estimated at --(Phone number)-- €. So about 500 000 € with taxes, for 4 apartments of 155 000 € each, for sale now. You can then rent these apartments year round or seasonally for 10 years and receive more than 300 000 € and then resell them for more than 650 000 €. That is 950 000 € in total minus the 500 000 €, that is 450 000 € of profit. We can round up with the expenses to a little more than 400 000 € in 10 years.
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Rare case on the market, ideally located in the national park of ecrins in the high alps near the lake of serre poncon and many ski resorts, this house is ideal for an investor. It has a potential of 200m ² with 1000m ² of closed and raised ground. It can be transformed into 4 apartments of 50m² each with a land of 250m². The price of ...