Sale Building Juan Les Pins (06160) 1300 m²

Excellent investment opportunity - residence for sale

Purchase of turnkey building - high profitability - rental property on the French Riviera - investment in PACA

40 meters from the beaches, in the heart of the seaside resort of Juan les Pins, sale of a profitable building offering comfortable accommodation, with sea view for many of the apartments: a completely renovated residence, with turnkey apartments, offering a clever accommodation formula of 36 apartments guaranteeing quality and independence.

The building consists of:
13 studios (6 facing the garden, 7 facing the sea)
21 one-bed apartments (11 facing the garden, 10 facing the sea)
2 independent double bedrooms.

It is also possible, and it is a real opportunity, to create 4 two-beds apartments by bringing together studio and 1 bed apartment with a connecting door.
Each apartment is equipped with a kitchen area with complete crockery, functional office area with unlimited wifi, LCD cable TV, spacious bathroom, storage cupboards ...
The building, a pretty residence on the Côte d'Azur, offers a friendly reception, a reading area, a TV lounge, a bar, two laundries available to residents, and 19 underground parking spaces.
The apartments can be bought for total or partial personal use, and entrusted to seasonal rental to the structure already in place since 2013 for a profitability of 4% to date (LMNP - non-professional furnished rental).
A turnkey building, listed by Côte d´Azur Sotheby’s International Realty, real estate agency on the French Riviera.

• In co-ownership : 36 lots