Polite Homespolite.homes
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€147,150

€981/m²

Est. €626/mo mortgage

Garage — Colmar

Colmar, France · REF 749661002-294

  • 150 m²area

About this property

An excellent investment opportunity awaits in Colmar's highly sought-after Saint-Joseph district. This property features a complex of 10 garages, strategically located on a 680 sqm plot. Eight of these units are currently leased, generating a stable monthly income of €521. Two additional garages are immediately available for rent, offering swift income enhancement. The established leases, some dating back to 1999, underscore the property's strong rental stability. Furthermore, an existing shed on the premises can be demolished to create access to a rear parcel. This opens up the potential to construct at least four more garages, bringing the total capacity to 14 units. Once fully optimized, the projected rental income could reach approximately €910 per month, or €10,920 annually, highlighting significant potential for increased yield and capital appreciation in a robust rental market.

Mortgage calculator

€626 per month

Fixed 3.5% interest rate, indicative

Notary fees calculator (frais de notaire)

Estimated notary fees

€11,036

  • Frais de notaire ancien (~7.5%)€11,036

RE/MAX France

Listed by RE/MAX France

Listings are aggregated from public sources with attribution. Polite Homes is an independent company. Report this listing

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