CLARACQ, Aquitaine 64330

Your agency l'Adresse Immobilier Grand Pau offers you this mixed life annuity property complex located in Claracq, in a quiet and open rural environment, about 30 minutes from Pau, 6 minutes from Garlin and 22 minutes from Lembeye. The property has approximately 270 m2 of living space divided into two independent terraced houses that can also be joined according to the needs of a future family, heritage or rental project. The property benefits from a flat plot of approximately 2,951 m2 with open views of the countryside and wooded areas. The mixed life annuity arrangement allows you to immediately have a first free home while gradually building up a real estate portfolio on the second part currently occupied by the annuitant. The life annuity relates to: - a free part immediately usable located on the right from the street - a part occupied by the seller located on the left from the street The free house develops approximately 135.50 m2 of living space. From the entrance, a cathedral space opening onto the mezzanine provides a particularly pleasant volume. The living room with insert fireplace benefits from recent PVC double glazed joinery as well as electric shutters. The house currently offers four bedrooms, two shower rooms, three toilets, a terrace of about 18 m2, a closed garage and a private garden of about 1,000 m2. The whole will require modernisation and refreshment work to allow for a gradual enhancement of the heritage. The oil boiler will be considered in the long term. Photovoltaic installation of about 9 kWp. Resale income to be confirmed according to current contract, production and operating conditions communicated by the seller. This free part can be suitable for a main residence as well as for a heritage or rental strategy after renovation depending on the buyer's objectives. Given the volumes, the independence of the two houses and the proximity of the axes to Pau and Garlin, this complex has an interesting heritage potential for an investor looking for progressive capitalization. The occupied part develops approximately 134.97 m2 of living space. It offers a large air-conditioned living room of about 70 m2 with open kitchen, wood stove, underfloor heating and high ceilings. This part also includes two bedrooms, an office opening onto a veranda, a bathroom with WC, several storage spaces, a terrace of about 20 m2 and a private garden of about 1,000 m2. The outbuildings represent a real complementary asset with: - a hangar of approximately 190 m2 with nearly 6.20 m of height - a garage of approximately 38.67 m2 with cold room - a laboratory with kitchen and storage space of approximately 36.72 m2 These spaces offer interesting potential for storage, craft activity, workshop, vehicle parking, motorhome or professional project depending on future needs and terms of use with the annuitant. Individual sanitation. SPANC control in progress or to come. Current conditions of the mixed life annuity: - Annuitant: 72-year-old man - Total lump sum: 100,000 euros - Total monthly annuity: 1,119.76 euros Distribution: Free part immediately usable: - Estimated free value: 160,000 euros - Lump sum: 75,000 euros - Monthly annuity: 954.35 euros Occupied part with reservation of right of use and residence: - Estimated free value: 190,000 euros - Lump sum: 75,000 - Monthly annuity: 165.41 The economic valuation and the final terms of the transaction remain subject to adjustment depending on the final legal, actuarial and notarial elements. Property tax: 1648 euros. (926 + 722 euros) The property complex has an overall free value estimated at around 350,000 euros, divided between a free part that can be immediately exploited and an occupied part encumbered by a right of use and habitation retained by the annuitant. The mixed life annuity configuration thus allows you to immediately benefit from a free house while gradually building up a real estate portfolio including a second home, large outbuildings and a plot of land in a quie