For Sale: High Potential Income Property In The Heart Of St Raphaël
5 Beds
2,530 Sqft
Updated: June 26
About the Property
DEVELOPER OPPORTUNITY: Property located in SAINT-RAPHAEL: The land also offers a rare construction potential: possibility to build a 4-story building, totaling 940 m² of floor space. Currently configured into 4 distinct apartments and a commercial space, the villa generates an attractive monthly rental income of €4,650: - 1 T3 apartment of 81 m² + 4.80 m² porch with terrace and garden (rented
DEVELOPER OPPORTUNITY: Property located in SAINT-RAPHAEL: The land also offers a rare construction potential: possibility to build a 4-story building, totaling 940 m² of floor space. Currently configured into 4 distinct apartments and a commercial space, the villa generates an attractive monthly rental income of €4,650: - 1 T3 apartment of 81 m² + 4.80 m² porch with terrace and garden (rented for €1,220/month) - 1 T2 apartment of 35 m² with terrace (rented for €640/month) - 1 T2 Bis apartment of 52 m² with terrace and garden (rented for €990/month) - 1 T2 Bis apartment of 44 m² with balcony and garden (rental potential €900/month, currently occupied by the owner) - 1 commercial space of 24 m² with courtyard (rental potential €900/month, currently occupied by the owner).
Highlights of this property: Prime location - Immediate and high rental income - Significant real estate development potential - Close proximity to all amenities.
Fees payable by the buyer - Independent negotiator EI. Information on the risks to which this property is exposed is available on the Géorisques website: [hidden information] Information on the risks to which this property is exposed is available on the Géorisques website: https://www.georisques.gouv.fr/
Located in the picturesque Saint-Raphaël, this luxury property offers easy access to both nature and urban conveniences. Just 12 minutes from the Saint-Raphaël Valescure train station, the area is well-connected for travel. The region is renowned for its proximity to the stunning French Riviera beaches and renowned golf courses. Enjoy nearby upscale dining, luxury spas, and cultural experiences while residing in an area known for its serene Mediterranean lifestyle.
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