House, Villecroze, 83, South of France
Ref 1231LO-PM
Price: € 525,000
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Bedrooms: 10,
Bathrooms/Showers 9,
Living Area: 450m²,
Outside Space:
11000m²,
View: Countryside,
Exposition: S,
Year Built: 1800
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Pool: Yes
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Property Description
This property has enormous character and charm, and represents a rare opportunity to invest in 6 apartments which the current owners have rented in the past. The stone-built house was originally a tile factory (Salernes is only a few kilometres down the road) and has been converted with great panache whilst retaining some original floors, arched brick ceilings and even some of the old drive-shafts of the machinery. An architectural historian's Nirvana!
Some of the apartments have been updated with great energy, not to mention expense, and several have new kitchens and shower rooms. All rental apartments have separate access from what is currently the owners' quarters.
The mellow building is surrounded by trees and greenery yet conveniently situated by the Route Départementale giving easy access to Salernes, Lorgues and Draguignan for clients. To the rear there is a large gravelled terrace which then leads into a woodland glade at the bottom of which is the swimming pool (in need of renovation)- and a wonderful waterfall. The river at this point is the western boundary of the property and was the main source of power to drive the machinery for tile manufacture. To the east are vineyards.
The property does need some work to bring it up to standard, notably to two or three of the apartments, the electrics, possibly relay the roof. But at this price it must be of interest to anyone looking to invest in France and to derive an income here.
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€ 525,000
USD 719,513
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Reliability of Information
"Whilst every effort has been made to present information accurately, it should be noted that much of the information supplied is taken on good faith from the owners of the properties. Also it should be noted that there is a time delay between a change in specification (price, availability, etc) actually happening and the consequent amendment to the web-site. Before entering into any contract, we strongly recommend verifying the information given. Coast and Country declines all responsibility for any inaccuracies in the information supplied."
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