Aquitaine, Pyrénées-Atlantiques, St-Jean-de-Luz, France

A25605CEL64 - ...

This two-bedroom apartment is a delight! Currently producing a good, secure income from a commercial lease, the purchaser has the option of taking it back in September 2028 as a main residence or holiday home for their private use.

The apartment is in situated on the second floor of a nineteenth-century Basque villa, which now forms part of a three-star holiday complex next to the golf course in Ciboure.

The complex is set in private landscaped grounds with a superb heated swimming pool, a children's paddling pool, a children's play area and several parking areas. The reception area is on the ground floor of the villa, along with a bar and a cosy sitting area.

The apartment is on the second (top) floor of the villa (no lift). The front door opens into a small entrance hall with storage cupboards, which leads into a sunny main room with a sitting area, a dining area and a kitchen.

French doors in the main room open out to a wooden balcony where you can sit and enjoy views of the sea and the town of St-Jean-de-Luz. There are also views of the swimming pool, the grounds and the River Nivelle.

The apartment's two bedrooms are accessible from the entrance hall. Both bedrooms have built-in wardrobes - and the master bedroom has a lovely view of the sea! There is also a bathroom with a bath and a vanity unit, and a shower room with a shower, a vanity unit, a WC and a built-in storage cupboard.

The apartment is located just across the bay from St-Jean-de-Luz in the pretty town of Ciboure, famous for its typical Basque architecture - white houses with shutters painted in dark red, dark green or dark blue (for mariners). Both Ciboure and St-Jean-de-Luz are easily accessible from the apartment on foot, by bicycle and by bus - and both towns have excellent shops, restaurants and bars, as well as lively farmers' markets every Tuesday, Friday and Sunday morning.

You can easily walk to the many glorious beaches around the bay, all the way from Socoa to Ste-Barbe – or head inland and travel up to the summit of La Rhune on an antique open-sided train, where the views of the mountains and the coast are simply stunning!

The rental which you receive from the holiday operator is around 10000€ a year so long as you are happy not to use the apartment yourself. The lease does, however, allow you to use the apartment yourself for up to 12 weeks a year, and for each of those weeks, the rental you receive would be reduced by a certain amount. The holiday operator is reponsable for paying the quarterly charges. Your only expense if the annual taxe foncière, which was 1005€ in 2025.

The lease can be cancelled on request in September 2028 on payment of a one-off indemnity, estimated at 75000€-80000€. This possibility is available to you every three years. If you decide to do that, you would then be free to use the apartment as a permanent/second home from then on, just like any other apartment, but you would not longer receive any income from the holiday operator and you would be liable for a share of running costs of around 900€ a quarter..


THE APARTMENT (54.61m²)

- a balcony (4.95m²) with views of St-Jean-de-Luz and the bay
- an entrance hall (7.02m²) with built-in storage cupboards
- an open-plan main room (20.11m²) with a sitting area, a dining area, a kitchen area and access to the balcony
- a master bedroom (13.49m²) with a built-in wardrobe and a view of the sea
- a second bedroom (7.63m²) with a built-in wardrobe
- a bathroom (3.19m²) with a bath and vanity unit
- a shower room (3.17m²) with a shower, vanity unit, WC and built-in storage cupboard


THE HOLIDAY COMPLEX:

- landscaped grounds
- a heated swimming pool: 200m² (depth of 0.60m - 1.50m)
- a children's paddling pool: 25m² (depth of 0.20m)
- a sun terrace equipped with sunloungers
- a bar
- a lounge area
- a snooker table
- a ping-pong table
- a children's play area
- free parking


SERVICES & TECHNICAL

Wi-Fi internet
Double glazing
Heating: electric radiators
Mains drainage


THE POTENTIAL!

- ideal for a family wanting a chic apartment with a swimming pool in a fantastic seaside location
- currently has annual rental income from holiday bookings via the holiday complex
- until September 2028, the apartment is available for you to stay in for as many weeks as you like (but please note that the annual rental income will be reduced the more you stay in it)
- can be used as a private apartment from September 2028 by cancelling the commercial lease signed with the holiday complex
- perfect for an investor wanting to buy a rental property in a well-known tourist resort with potential for year-round bookings
- under the current agreement, the holiday complex manages all bookings, pays any charges and provides all services to tenants
- a perfect location on the hugely popular Côte Basque... walk, cycle or take the bus to beaches, the golf course, shops, restaurants, bars...
- easily accessible... Biarritz airport: 15 minutes; Bordeaux: 2 hours; Toulouse: 3 hours; Paris: 5 hours by TGV...


THE LOCAL AREA

The apartment is located in the delightful French Basque Country in south-west France. The area is incredibly popular with tourists all year round who come to visit the famous beach resorts of Biarritz, St-Jean-de-Luz and Hendaye.

The picturesque Pyrénées are a short drive away, as is Spain and the beautiful towns of San-Sebastián and Bilbao. Bordeaux, Toulouse and Paris are all within easy reach.

Airports: Biarritz, Fuentarabia (Spain)
Train: St-Jean-de-Luz, Biarritz, Bayonne
Ferry: Bilbao, Santander
Long-distance coach: St-Jean-de-Luz, Biarritz, Bayonne

Ski: Issarbe, La-Pierre-St-Martin, Val-d’Azun, Gourette, Somport...
Beaches: St-Jean-de-Luz, Hendaye, Biarritz, Anglet, Hossegor...

Attractions: Le Train de La Rhune, Grottes de Sare, Grottes d'Isturitz et d'Oxocelhaya, Gorges de Kakuetta, Passerelle d’Holzarte, Chemin-de-St-Jacques-de-Compostelle...