Juan-les-Pins, house with 3 rented apartments, 3 terraces, attic

Juan-les-Pins, detached villa on two levels comprising three rented apartments totaling 209 sq m. Ideal for investors, good rental yield. Located in the Badine district, the first apartment, a 100 sq m two-bedroom unit, occupies the entire first floor and the attic. It is in excellent condition with a 40 sq m double living room, two bedrooms overlooking the courtyard (10 sq m and 18 sq m), a separate fitted kitchen with a balcony, a dressing room, a shower room with WC, a bathroom with WC, gas heating, triple exposure, high ceilings (2.92 m), bright and airy, marble floors, a lovely 16 sq m south-facing terrace, and the attic is ideal for storage. The two other two-bedroom apartments are on the ground floor.
There is a courtyard for the smaller 51 sq m two-bedroom apartment on the ground floor. Finally, the third two-bedroom apartment, measuring 64 sq m, has a south-facing terrace. Close to shops and beaches within walking distance. Free parking in the cul-de-sac. Estimated annual energy costs for the property: between €5,750 and €7,830/year. Average energy prices indexed as of January 1, 2023 (including subscriptions).
Information on the risks to which this property is exposed is available at georisques.gouv.fr

Investing in a small building in Juan-les-Pins:
– It means investing in a metropolis experiencing economic and demographic growth thanks to Sophia Antipolis, with significant rental demand
– It means investing on the highly sought-after French Riviera
– It means investing close to sandy beaches

Its strengths:
– good rental yield
– almost complete renovation of the villa (only the roof needs attention, which could allow for a tax-deductible renovation)
– sought-after area close to major roads and bus routes (NICE airport, CANNES, SOPHIA)
– 3 tenants in place
– single ownership with no fees or management company
– management possible through our agency