Property for sale

Juan-les-Pins, Alpes-Maritimes, Provence-Alpes-Cote d'Azur, France

£1,520,749 * [€1,770,000]

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Property for sale

Juan-les-Pins, Alpes-Maritimes, Provence-Alpes-Cote d'Azur, France

£1,520,749 * [€1,770,000]

Property Details

Bedrooms: 0
Bathrooms: 0

Features

Terrace

Full Description

REPORT BUILDING – JUAN-LES-PINS CENTER

150 M FROM THE BEACHES

Bourgeois building of 1929, ideally located between the station and the sea, developing about 400 m2 on 4 levels, with independent annex and private gardens.

ACTIVE IN PLACE

12 apartments

Furnished rental in activity

Rents below the market immediate margin

Existing revenues + high optimization potential

VALUE LEVERS

Revaluation of rents

Renovation and upgrading

Creation of 2 dwellings in a subplex

Private gardens/terraces for housing in the DRC

Transformation of the last stage (2P 3P)

Possibility of acquiring parking lots.

PROMOTION OPTION

Demolition / reconstruction possible
(Height 16 m, up to 21 m under City & ABF conditions)

PREMIUM LOCATION

Beaches, train station, shops, buses and schools on foot
Outside flood zone – highly sought-after area

IN SUMMARY

A rare building, already profitable, with several possible strategies: return, valuation, batch resale or promotion.

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