7 rooms
- 3 Beds
- 3 Baths
| Floor 193m²
| Ext 100m²
€159,000
€149,000
- £123,417**
7 rooms
- 3 Beds
- 3 Baths
| Floor 193m²
| Ext 100m²
€159,000
€149,000
- £123,417**
Investment Opportunity: 3 possibly 4 self-contained apartments with 3 bathrooms, 3 terraces with great views
This versatile property, arranged over four floors, represents an excellent investment opportunity, offering the potential for rental income from three existing self-contained gîtes/apartments, with further development potential on the ground floor.
The property could be particularly attractive to investors looking for a ready-made holiday rental business, a property with multiple income streams, or an opportunity to live in one apartment while renting out the others. The three gîtes could also lend themselves to long-term, seasonal or holiday rentals, subject to the necessary regulations and permissions.
Situated in the picturesque town of Axat, nestled in the Upper Aude Valley, the property is ideally located within walking distance of the town’s amenities and is perfectly positioned to benefit from the area’s growing appeal as a year-round destination for outdoor enthusiasts and holidaymakers.
Axat offers a good range of everyday amenities including a bar, restaurant, pharmacy, doctor’s surgery, butchery, bakery and convenience store. During the summer, the town benefits from a heated outdoor swimming pool and the popular Train Rouge tourist railway, which runs towards Rivesaltes in the Pyrénées-Orientales. The River Aude provides opportunities for rafting, kayaking and other watersports, while the nearest ski resort is approximately a 30-minute drive away, making the location attractive in both summer and winter.
The property is approximately equidistant from Carcassonne and Perpignan airports, around one hour from the Mediterranean coast and approximately two hours from the Spanish border and Andorra.
The property is configured as follows:
Ground floor – potential fourth unit / commercial space
An open-plan room of approximately 35.5 m², currently used as storage by the owners. Subject to the necessary planning permissions, this space could potentially be converted into a self-contained studio apartment, creating an additional rental opportunity, or alternatively into a garage and workshop.
First-floor gîte
The first of the three existing holiday apartments comprises an entrance hall leading to a 20.25 m² open-plan kitchen/dining and living area, currently furnished with two single beds. There is also an 11 m² double bedroom, 3.75 m² tiled bathroom and separate WC.
Second-floor gîte
The second apartment comprises an entrance hall leading to a 21.5 m² kitchen/dining/living area, an 11.5 m² double bedroom, 4.25 m² bathroom and separate WC. There is also a 12.5 m² cellar.
Third-floor gîte
The largest of the three apartments occupies the top floor. An entrance hall leads to a 12 m² open-plan office area, with double doors opening onto the rear terrace. There is a separate 11.5 m² kitchen/dining room, 14.5 m² living room, 13.75 m² bedroom, 5 m² bathroom, WC and 2.25 m² utility room.
Many of the rooms benefit from stunning views across the surrounding mountains and valley.
Outdoor Space
To the rear of the property are three levels of terraces, providing valuable outdoor space for guests and adding to the property’s holiday rental appeal.
The first is a shaded terrace with an outdoor sink, offering the potential to create a summer kitchen or approximately 22 m² barbecue/pizza oven area.
The second is a 32 m² wooden terrace with spectacular views over the mountains and surrounding countryside.
The third terrace, measuring approximately 21 m², is lawned and ideal for sunbathing and relaxation, with a rock garden above.
A Flexible Investment
With three existing self-contained gîtes, substantial outdoor space and the potential to create a fourth apartment, this property offers an attractive proposition for investors seeking a property with genuine rental potential.
It could be operated as a multi-unit holiday rental business, providing several independent sources of income, while also offering the flexibility for an owner to occupy one of the apartments. Alternatively, the accommodation could suit long-term or seasonal rentals, depending on the buyer’s strategy.
Its location in the heart of Axat, combined with year-round outdoor activities, mountain views and proximity to the Mediterranean, airports, Spain and Andorra, makes this a property with considerable potential for both personal use and investment income.
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Information about risks to which this property is exposed is available on the Géorisques website : https://www.georisques.gouv.fr
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