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11 rooms - 3 Beds - 8 Baths | Floor 520m² | Ext 36m²
€665,000 - £569,706**
11 rooms - 3 Beds - 8 Baths | Floor 520m² | Ext 36m²
€665,000 - £569,706**
Ref. : A34842
| EXCLUSIVE
Rare Opportunity!
In the heart of Provence, this investment property with a surface area of approximately 520 m² includes a commercial space, a garage, and 8 apartments (4 to renovate).
This bright, east-west facing building features four separate entrances.
Ground floor:
- A 120 m² commercial space (providing stable income)
- A 67 m² T3 apartment
- A 36 m² inner courtyard
- A cellar (to renovate)
- An attached 34 m² garage
1st floor:
- A 36 m² studio (rented long-term)
- A 33 m² studio (to be finished)
- A 45 m² T2 apartment with a balcony, adjacent to a 46 m² apartment, both of which can be combined (to renovate).
2nd floor:
- A 46 m² studio (rented short-term)
- Two T3 apartments of approximately 70 m² each (rented long-term), both fully equipped with a kitchen, toilet, and bathroom.
Ideal for investors or individuals looking to generate rental income!
Current rental income
Sault is a village that is critically lacking in long-term rental housing.
This strong demand is driven by several factors:
- Its economy is based on agriculture, particularly lavender cultivation, as well as a dynamic tourism industry linked to Mont Ventoux and the Luberon, which generates numerous local jobs.
The village also attracts professionals from the medical, education, and small business sectors.
With the rise of remote work, Sault has become a popular alternative to big cities, offering a pleasant living environment with more affordable rental prices. However, the rental supply remains limited, as many properties are either second homes or short-term rentals, increasing market pressure.
Few new constructions and a low tenant turnover further contribute to this shortage. This situation makes it a promising rental market, ideal for investors seeking a stable and secure return.
This building represents a rare investment opportunity, combining profitability with potential appreciation. Its layout allows for optimized rental management, whether for long-term or seasonal leasing.
The commercial space, approximately 120 m², is completely independent with two separate entrances and provides a stable source of income, thanks to an ongoing lease valid until March 2031. It has been recently fully renovated, including its façades, and is equipped with a heat pump, three storage rooms, and two restrooms.
A dedicated entrance for the residential units opens onto a staircase leading directly to seven apartments on the first and second floors. The ground-floor T3 apartment also has access via this entrance, although its main entry is on the east side of the building.
The 67 m² T3 apartment, featuring two cellars and an interior courtyard, requires a full renovation. Additionally, an attached 34 m² garage is a rare and highly sought-after feature in the heart of the village.
On the first floor, there are:
- Two studios of 33 m² and 36 m² (one requiring renovations)
- One 45 m² T2 apartment with a balcon, in need of renovation
- An additional 46 m² apartment, which could be merged with the T2, offering flexible layout options
On the second floor, the property includes:
- Two 46 m² studios equipped with electric radiators
- One 70 m² T2 apartment, fitted with a heat pump
Each apartment has an individual Linky electricity meter.
Structural and plumbing work is needed for the renovations, allowing for an optimized long-term rental yield.
- Avignon TGV station is approximately 1h20 away (95 km)
- Marseille-Provence Airport is 1h40 away (115 km)
Invest in a high-potential rental property with strong long-term value!
Contact me for more information or to schedule a viewing.
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Information about risks to which this property is exposed is available on the Géorisques website : https://www.georisques.gouv.fr
[Read the complete description]
Ref. : A34842
| EXCLUSIVE
LOCATION
Town : Sault
Dept : Vaucluse (84)
Region : Provence-Côte-D'Azur (Provence - Alpes - Côte d'Azur)
Hi,
I'm Florence,
your local contact for this Leggett Exclusive Property
Florence Evans
Independent Sales Agent
SIREN: 447963117
AGENT'S HIGHLIGHTS
AGENT'S HIGHLIGHTS
LOCATION
Ref. : A34842
| EXCLUSIVE
520m2
36m2
11 rooms
- 3 beds
- 8 baths
* m² for information only
To be renovatedHabitableGood conditionLOCATION
Town :
Sault
Department :
Vaucluse (84)
Region :
Provence-Côte-D'Azur (Provence - Alpes - Côte d'Azur)
FINANCIAL INFORMATION
Price
€665,000
£569,706**
Fees
paid by Vendor
** The currency conversion is for convenience of reference only.
FINANCIAL INFORMATION
Price
€665,000 - £569,706**
Fees paid by
vendor
** The currency conversion is for convenience of reference only
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