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
  • Sea view

The hotel for redevelopment in 100 meters from the beach.

Description

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

There is a permission to create a luxury residence (reconstruction of the existing hotel) for 10 apartments: 

  • Apartment — Villa 90 m² 
  • Ground floor apartment 170 m² + terrace 45 m² 
  • Ground floor apartment with a garden of 90 m² + garden of 500 m²
  • Ground floor apartment with a garden of 112 m² + garden of 350 m²
  • Ground floor apartment with garden and private pool 202 m² + garden 850 m² 
  • Ground floor apartment with a garden of 150 m² + garden of 200 m²
  • Apartment 2nd floor — 112 m² 
  • Apartment 2 floor 90 m² + terrace 25 m² 
  • Apartment 2nd floor 152 m² + 47 m² 
  • Apartment, last floor 150 m² + 43 m² terrace 
  • Apartment, last floor 160 m² + 59 m² terrace 
  • Penthouse 310 m² + terrace 102 m²

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 €.

The expected minimum revenue from the sale is 23,000,000 €.

Location and nearby infrastructure

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.

Statistics in France

Price per m², €
6,420
Healthcare efficiency level
78
Index 78 from 100

The index reflects how respondents rank the overall level of healthcare quality, professionalism of medical staff, quality of equipment, cost of services, etc.

Safely rate
53
Index 53 from 100

When evaluating the crime level, Numbeo survey respondents (local residents) have shared their expectations of how safe would a lone walk in the part be for them during the day and night.

Real estate Price, €
Apartment in the city centre, m² 6,420.02
Apartment in a bedroom community, m² 4,004.58
Transport Price, €
Public transport, 1 ride 1.6
Monthly travel card 51.0
Taxi, 1 km 1.52
Petrol, 1 l 1.44
Food Price, €
Water, 1.5 l 0.59
Milk, 1 l 0.95
White bread, 500 g 1.28
Eggs, a dozen 2.6
Chicken fillet, 1 kg 10.41
Education Price, €
Kindergarten, per month 672.44
International school, per year 16,688.64
Health care index
Staff competence 83.65
Medical equipment 89.22
Research accuracy and completeness 79.52
Attitude towards patients 69.47
Security index
Crime rate 48.99
The risk of being robbed 48.01
The risk of car theft 48.45
The risk of break-in and property damage 55.29

The data is provided by numbeo.com and based on the answers of its users.
Tranio does not guarantee its reliability.

Show the entire statistics

More properties

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

You can see more hotels for sale in Côte d'Azur (French Riviera) elsewhere on our website.

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Enquire about this hotel
Julia Morozova
Julia Morozova
Senior Investment Consultant
+44 17 4822 0039
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    • Bank financing from 1.75% annually
    • Construction site audits
    • Management company services
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