🗡️ Investor opportunity • 25 rue de la Coutellerie, 63300 Thiers • Réf. VI192

Building with garden
675 m² floor area — 8 units

99 000 € Agent fees paid by seller
🏠675 m² floor area · 830 m² land
🔑8 residential units
🌿Garden + terrace 400 m²
💰1 unit already generating income
🏔️View of the Chaîne des Puys
Contact the seller View agency listing
675
m² floor area
8
Units
400
m² garden/terrace
4
Floors

The opportunity

A character building with
exceptional potential

Located in the heart of Thiers town centre — world capital of cutlery and a classified tourist town — this historic building with 675 m² floor area (830 m² land) is a rare opportunity for an experienced investor or artisan group via an SCI.

The property comprises 8 residential units across 4 floors, a garden and terrace of 400 m², and a 70 m² vaulted stone room with direct outside access — ideal for events, commercial use, or storage.

The building already generates immediate rental income through the 100 m² T4 apartment (terrace, panoramic view of the Chaîne des Puys) successfully operated as a short-term rental under the name La Coutellerie. This unit produces cash flow from day one.

The remaining 7 units offer significant upside potential: 3 apartments to finish and 4 to renovate, in an OPAH-RU zone eligible for public renovation grants.

Key investment highlights
  • Immediate rental income from day one (La Coutellerie)
  • Active tourist area, strong rental demand
  • 400 m² private garden + panoramic terrace
  • 70 m² vaulted room with exceptional use potential
  • OPAH-RU zone: renovation grants available
  • Exceptional price per m²: €147/m²
See unit breakdown →
Lounge & dining room
Agent fees paid by seller 99 000 €

Property composition

8 units & an exceptional space

The building contains 8 apartments of varying sizes and a vaulted stone room. One apartment is already operational (immediate income). The others offer strong upside potential after renovation.

Lot 1 · Operational
La Coutellerie
T4 · 110 m²
✓ Active short-term rental
Fully renovated T4 apartment with 3 bedrooms. 80 m² terrace with stunning views of the Chaîne des Puys, electric heating and reversible air conditioning. Successfully operated as a short-term rental under the name "La Coutellerie". Income from day one.
Lot 2 · To finish
Studio
Studio · 25 m²
⚒ Works to complete
Studio currently being finished. Estimated rental potential: €250–320/month unfurnished, or short-term tourist use.
Lot 3 · To finish
1-bed (T2)
T2 · 40 m²
⚒ Works to complete
2-room apartment to finalise. Rental potential: €350–420/month unfurnished or short-term.
Lot 4 · To renovate
Duplex (T3)
Duplex T3 · 60 m²
◆ Full renovation needed
60 m² duplex on the rue de la Coutellerie side, requiring full renovation. Independent access. Strong seasonal rental potential once renovated.
Lot 5 · To renovate
Duplex A (T4)
Duplex T4 · 100 m²
◆ Full renovation needed
Large 4-room duplex requiring full renovation. Strong potential as seasonal rental similar to La Coutellerie.
Lot 6 · To renovate
T4 B
T4 · 100 m²
◆ Full renovation needed
Large 100 m² apartment requiring full renovation. Comparable volume to La Coutellerie. Strong rental potential once refurbished.
Lot 7 · To finish
T4 A
T4 · 80 m²
⚒ Works to complete
80 m² apartment to finish — plasterwork and skim coat already done. Well-advanced works, ready to complete. Ideal for a quick rental turnaround.
Lot 8 · To renovate
3-bed B (T4)
T4 · 100 m²
◆ Full renovation needed
Additional large T4 to renovate. Generous volume — potential to split into two independent units.
Exceptional annex
Vaulted stone room
70 m² · garden & 400 m² terrace access
✦ Exceptional potential
70 m² vaulted stone room with direct access to the 400 m² terrace and garden. Multiple uses: reception hall, artisan workshop, event space, showroom, garage, wine cellar...
OPAH-RU Zone (Urban Renovation Programme): part of the property falls within the Thiers OPAH-RU perimeter, qualifying for significant grants and tax incentives for renovation works. Contact the Thiers Town Hall or ANAH for details.

Financial potential

Current income & projected potential

💰 Current income (Unit 1)
Operational unitLa Coutellerie — T4 110 m²
Rental typeShort-term (Airbnb, Booking)
View listing onlineAirbnb ↗Booking ↗
Guest rating8.5/10 Booking · 4.5/5 Airbnb
Gross rental income~15 000–22 000 €/yr
Total building purchase price99 000 €
📊 Full-capacity simulation
Unit 1 — La Coutellerie (active)~18 000 €/yr
Units 2, 3, 4 (to finish)~15 000 €/yr estimated
Units 5, 6 (seasonal duplexes)~36 000 €/yr estimated
Units 7, 8 (long-term rental)~12 000 €/yr estimated
Total projected ~81 000 €/yr
📈 Yield analysis

At a purchase price of €99,000 for 675 m² floor area (830 m² land), the price per habitable square metre is €147/m² — an exceptionally low figure for a town-centre building.

82 % Gross yield potential at full capacity

Even at an intermediate stage (La Coutellerie + 2–3 additional units brought online), the gross yield exceeds 25–30% on the initial outlay — excluding renovation costs.

* Indicative estimates based on Thiers rental market rates and La Coutellerie's performance. Not contractual. Renovation costs not included.

Gallery

Property photos

Panoramic living room
Panoramic living room
Lounge & dining room
Lounge & dining room
Open-plan kitchen-lounge
Open-plan kitchen
Dining room with arch
La Coutellerie — renovated T4
Terrace with pergola and view
Terrace & pergola
Lounge with panoramic view
Bedroom with armchair
Master bedroom with view
Modern bathroom

Location

25 rue de la Coutellerie
Thiers (63300)

📍
25 rue de la Coutellerie
63300 Thiers · Puy-de-Dôme · France
Google Maps ↗ · Apple Maps ↗ · Navigate ↗

The building stands at 25 rue de la Coutellerie, in the heart of historic Thiers — the world capital of cutlery, a medieval hill town perched above the Durolle gorges in the Puy-de-Dôme. Its heritage and craft tourism generates strong and growing seasonal rental demand.

🗡️
Cutlery Museum Right nearby — major tourist attraction
🏙️
Listed historic town centre PSMV perimeter — protected medieval district
🚗
A89 motorway access Clermont-Ferrand 30 min · Vichy 20 min · Lyon 1h15
✈️
Clermont-Ferrand Airport 38 km — approx. 40 min
🛍️
Shops, restaurants, services All within walking distance
📍 25 rue de la Coutellerie, 63300 Thiers · Open in Google Maps →

Mandated agency

Listing managed by AU16IMMO

AU16IMMO
Real estate agency — Thiers (63)
📍16 rue de Clermont, 63300 Thiers
📞04 73 51 99 42
👤Agent : Thierry DUBOST — 06 74 73 86 06
✉️thierry.dubost2@orange.fr
Réf. VI192 · Agent fees paid by seller · Estimated annual energy costs: 1 232 – 1 668 €
View official listing → 📞 Call the agent directly

This site was created by the owner to present the property in detail, in particular the proven rental income demonstrated by La Coutellerie.

For technical questions about the property, the renovation works, or investment strategy, you can also contact the owner directly via the form below.

The sale is handled by AU16IMMO, the leading agency in Thiers, with all fees paid by the seller.

Contact the owner →

Two ways to reach me

How would you like to get in touch?

To arrange a viewing, please contact the mandated agency AU16IMMO. You can also contact me directly as the owner for technical questions about the property, La Coutellerie history or investment strategy — agency fees are paid by the seller in all cases.

🏛️
Go through the agency
AU16IMMO · Thiers

Contact the mandated agency to arrange a viewing, receive the full commercial file and secure the transaction through the standard real estate process.

📞 Call the agent ✉️ Email the agent → View official listing →
👤
Contact me directly
Owner / seller

Ask me directly about the property, the operation of La Coutellerie, works already completed or investment strategy. I respond personally. To arrange a viewing, please contact AU16IMMO agency.

✉️ Send an email →