Apartment house in district La Chaud in city Saint-Honoré
6000.00 sq.m.

€ 1 750 000

Subject : Investment ,
Conc : Geographical location of the object:
Country:France;
Region:Rhone-Alpes;
Location: La chaud
The object includes:
4 buildings with possibility to create 66 apartments plus the surrounding land.
The total S = 9 hectares, located at an altitude of 1500 m above sea level.
The building material is in concrete.
Structures built, you need complete structural: roofing and finishing works.
* Building 1: S = 3000m2; 40 apartments, plus the S = 600m2 for commercial
purpose ;
* Building 2: S = 800m2; 18 apartments;
* Building 3: S = 700m2; 7 apartments, first floor can be used for commercial
purpose;
* Building 4: S = 1500m2; 40 apartments. ( for this building no permit asked for
now )
We have the necessary permit for these assets.
The object is located in relative proximity to big cities of such as:
- Grenoble, 35 minutes driving by car;
- Lyon’s airport, 1h 15 minutes driving by car;
- Geneva, 1 hour 30 min drive.
There is commercial area with many shops close by (15-minute away by car).
The exposition to the south has a panoramic view over the lakes and
mountains. There is a ski resort : Alpe Du Grand Serre in 40 minutes away by
car.
This area is ideal for ski tourism, for mountain biking, for hiking, for trekking,
for paragliding and other activities.
The driveway is wide enough for buses vehicles.
There is two parking lots:
- Personal, near with buildings;
- Public, it’s bordering on public seating area.
A helicopter pad is possible to build at the site.
This project requires a prolonged investment.
The expert assessing the value of of the object: 2 500 000 €
Selling price: 1750000 €
Profitablity : Depending if you will resale flats or rent them.
The payback period : From 2 years if you will resale to more if you will rent.

Seller information

Seller type Private seller

Location of the property on the map

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