Investment project, Cote d'Azur, France

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Investment project, Cote d'Azur, France

8,500,000 €
6,071 € /m²
£7,264,000
£5,188 /m²
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  • Total area
    1,400 m²
Details
Property parameters
  • Land area: 5,000 m²
Distance to:
  • Sea at 100 m
Features
  • 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

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 ad doesn't suit you, have a look at the other hotels for sale in Côte d'Azur (French Riviera).

All ads in the country: hotels for sale in France.

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    Marina Filichkina,
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