Description
Reference: VI111
Investment opportunity near Monaco.
New building nearing completion.
Destination: tourist residence
Composition - 14 apartments:
• 6 apartments with private gardens
• 6 apartments with private roof terraces
• 2 ground floor apartments
• 1 reception area
• 34 parking spaces
• Communal swimming pool and gardens
Total surface area:
• Living area (apartments floor area): 850m²
• Exterior surface area (terraces and private gardens): 1000m²
• Parking area: 530m²
• Internal building surface area (all except parking area): 1150m²
• Total internal building area (all included): 1680m²
Strong projected profitability:
min.65% occupancy rate
min.1800€/week/apartment
Projected sales: min. 700K€/year
Ideal family investment.
Reduced notary fees 2.5%.
