Investment project, Cote d'Azur, France

Additional information is provided after the signing of an NDA

Investment project, Cote d'Azur, France

8,500,000 €
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Total area: 1,400 m²
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Features
  • Land area: 5,000 m²
  • Sea at 100 m
  • Redevelopment
  • Balcony or terrace
  • TV
  • Swimming pool
  • Garden
  • Car parks

The hotel for redevelopment.

Description

The cost of the property includes a plot with a hotel with 20 rooms and an approved reconstruction project.

According to the project, the hotel will be converted into of 10 luxury apartments, some apartments will have an access to the garden and to the terrace.

There is a swimming pool, a tennis court and a parking on the territory of the property.

Financial performance

Costs of basic decoration, kitchens and plumbing are 4,000,000 €.

Projected minimum revenue from the sale is 23,000,000 €.

Location and nearby objects

The property is located in 3 km from the center of the resort town with a population of more than 70 thousand people. A bus stop, shops and a beach are situated close to the hotel. The airport can be reached in 30-minute drive.

More properties

If this property wasn’t for you, take a look at other hotels for sale in France.

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Enquire about this hotel
Anna Kurianovich
Anna Kurianovich
Investment Consultant
+44 20 3608 1267
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    When you submit a request, you agree to our terms and conditions
    • Bank financing from 1.75% annually
    • Construction site audits
    • Management company services