€125,000.00
Total capital raised
12.8
Net yield, steady state
10
Investors, three tiers
7.8
Payback, steady state
Good bones and a clear path
Rochefort is a residential property with real charm and real potential. It needs some love, about 4 months of renovation, but once that work is done it becomes a full, rented home in one of the Gers' most storied towns. This is the kind of building Ilarion gets excited about: solid foundation, a good location, and a straightforward path from purchase to steady rental income.
Purchase Price
€55,000.00
Renovation budget
€70,000.00
Renovation period
4 Months
Full building rent
€2,000.00
The capital of Armagnac
Eauze is the capital of Armagnac, a small Gers town of around 4,000 people built on vineyards and Armagnac production. It has been that way since 1802, when a prefect of the Empire gave it the title, but its roots go back further, to Elusa, capital of the Roman province of Novempopulania. The old town still has half timbered houses, a cathedral, and a Gallo-Roman treasury museum. It's the kind of place Ilarion's thesis is built on. Generations of agriculture and craft, not speculation.
