Beaulieu-sur-Mer Town centre Portfolio of 7 apartments across two levels
In the heart of Beaulieu-sur-Mer, in the town centre, within immediate proximity to shops, public transport and beaches, in an exceptionally quiet building, a rare opportunity to acquire a real estate portfolio comprising two full floor plates, located on the 1st and 2nd floors, representing an indicative total surface area of approximately 335.35 sq m.
The property consists of 7 independent apartments, arranged as follows:
On the 1st floor, three apartments:
a 3-room apartment of approximately 67.91 sq m;
a 4-room apartment of approximately 54.16 sq m;
a 2-room apartment of approximately 40.53 sq m.
On the 2nd floor, four apartments:
a 3-room apartment of approximately 52.25 sq m;
a 3-room apartment of approximately 50.10 sq m;
a 2-room apartment of approximately 32.24 sq m;
a 2-room apartment of approximately 38.16 sq m.
The majority of the units are currently rented, with the exception of the pink apartment on the 2nd floor, which is currently vacant. The current annual rental income from the rented apartments amounts to €34,596 per year, i.e. approximately €2,883 per month, excluding the rental potential of the vacant apartment.
This property benefits from a sought-after central location, while offering a particularly quiet environment, just a few minutes' walk from the beaches, shops, train station and access routes to Monaco, Nice and the wider French Riviera.
This asset represents a genuine patrimonial investment opportunity, with a division into several units, progressive value-enhancement potential for the apartments and scope to optimise rental income over the medium term.
It is also possible to consider acquiring the commercial premises located on the ground floor, the only remaining unit required to acquire full ownership of the entire building.