Single Storey House In Valescure

Located in Valescure, in a sought-after residential area, in absolute peace and quiet within a private residence, this fully renovated single-storey villa enjoys a dominant position with open views over nature and the Estérel hills, just 5 minutes from shops and amenities and 15 minutes from the beaches of Saint-Raphaël.

Investment opportunity in bare ownership or life annuity: market value €750,000; bare ownership sale price €600,000 payable upfront, property occupied by a 91-year-old single man, with full ownership available upon his passing.
Possibility to acquire under a life annuity scheme with a €450,000 initial payment (bouquet) and a monthly annuity of €3,500.

The villa, fully renovated in 2018, offers a functional and pleasant layout with an entrance hall leading to a bright south-facing living area, an open-plan modern kitchen, 3 bedrooms including one with a washbasin, a bathroom with WC, a separate WC, and a utility room.

The outdoor areas provide a privileged living environment with a large sun-drenched terrace, a heated saltwater swimming pool built in 2019 with an outdoor shower, and a landscaped garden requiring minimal maintenance, featuring olive trees, oaks, and palm trees, all without overlooking neighbors.

Features include reversible air conditioning, recent double glazing, fiber optic internet, electric gate with separate pedestrian access, two water meters (agricultural and domestic), and construction on a crawl space.

Great potential with a 30 m² semi-basement, an approximately 100 m² crawl space that can be converted, and 105 m² of convertible attic space (maximum height of 2 meters at the center).

Additional information: property tax €2,100/year, co-ownership charges €300/year.
Information on the risks to which this property is exposed is available on the Géorisques website: https://www.georisques.gouv.fr/