€450,000.00
Total capital raised
8
Net yield, steady state
40
Investors, three tiers
12.5
Payback, steady state
Right in the heart of a lively Gascon town.
This one comes with a head start, income flowing in before renovation even begins. One unit is already rented and earning from day one, so the building starts paying its way immediately. Give it about 4 months of renovation, and the whole property comes online, fully rented and generating steady income in a town that knows how to make the most of good living.
Purchase Price
€200,000.00
Renovation budget
€250,000.00
Renovation period
4 Months
Full building rent
€4,170.00
Where the land still sets the rhythm
Vic Fezensac is a town of around 3,600 people at the heart of the Gers, on the banks of the Osse. Its center still carries its history, half timbered houses, the twelfth century Saint Pierre church, a chapter tower. Farming has shaped the surrounding countryside for generations, the same countryside that shapes Ilarion's thesis. It is also a town that knows how to gather, its Pentecost feria and its Tempo Latino festival draw visitors from across the region every year, and the local economy leans on that rhythm as much as it leans on the land.
