Investment property for sale - Tournai VWD15700

Discover an exceptional investment opportunity in the heart of Tournai with this versatile property offered at €650,000. This impressive complex, identified by reference VWD15700, comprises four spacious and luminous two-bedroom apartments, each designed to provide comfort and practicality for future tenants. Additionally, the building includes a central corridor with seven collective rooms, offering diverse rental possibilities. The property’s strategic location within Tournai’s historic center enhances its appeal, promising strong demand and stable occupancy. Although it requires renovation to realize its full potential, the current rental income of €1,517 per month underscores its profitability. With projected net yields exceeding 6%, this property offers an attractive prospect for investors seeking a combination of stable income and future growth potential. From a technical perspective, the building is compliant with all relevant standards. Its electrical systems conform to current regulations, fire safety norms are met, and the property benefits from a valid rental permit process underway. Built in 1970, the structure is set to undergo renovations that will enhance its value and functionality, ensuring it remains a competitive asset in the local rental market. The property’s energy performance certificate (EPC) indicates an energy rating of 200 kWh/m² per year, with a total annual energy consumption of approximately 16,686 kWh. The building is connected to essential utilities including gas, water, and electricity, and features double-sided facades that maximize natural light and ventilation. Its external orientation is facing south, which not only benefits from ample sunlight but also makes it more attractive for tenants. Located centrally in Tournai, this property benefits from excellent connectivity and proximity to local amenities, making it highly desirable for renters and landlords alike. The area’s strong demand for rental units adds to the investment’s appeal, coupled with the fact that the building is currently rented out, providing immediate cash flow. The property’s condition is classified as “to be renovated,” presenting an excellent opportunity for investors or professionals to add value through refurbishment. The existing certificates for electrical installations are valid until December 2046, ensuring peace of mind for future owners. For those seeking a profitable property with significant upside potential in an historic Belgian city, this Tournai investment exemplifies a sound choice. Contact us today to learn more and schedule a viewing of this promising real estate asset.

* This text was generated using an artificial intelligence.

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