Villa with Sea View and Easy Access to Downtown - Short-Term Rental Investment Opportunity

5 Beds
1 Bath
Habitable Size: 141 m²
Land Size: Unknown

€1,490,000

Hors frais notariés, d'enregistrement et de publicité foncière.
Region: Provence-Alpes-Côte d'Azur Department: Alpes-Maritimes (06) Commune: Menton (06500)

For Sale By Agent

Agency: CARLTON INTERNATIONAL Saint-Jean-Cap-Ferrat

This property has been brought to you by Green-Acres

Wise Currency Conversion provided by Wise
€1,490,000 is approximately:
British Pounds: £1,247,547
US Dollars: $1,667,757
Canadian Dollars: C$2,334,085
Australian Dollars: A$2,374,911
Please note that these conversions are approximate and for guidance only and do not constitute sale prices. To find out more about currency exchange, please visit our Currency Exchange Guide.
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Key Info

  • Type: Residential (Apartment), Business
  • Bedrooms: 5
  • Bath/ Shower Rooms: 1
  • Habitable Size: 141 m²

Features

  • Balcony(s)

Property Description

Located just a few minutes’ walk from the center of Menton, beaches, both ports, and shops, this villa is suitable as a primary or secondary residence as well as a short-term rental investment.

The property is divided into two independent apartments, each benefiting from beautiful terraces and a superb sea view and Old Menton.

The garden-level apartment opens onto a magnificent terrace and offers a pleasant living room, two bedrooms, a bathroom, as well as an extra bedroom with a kitchenette and a shower room. An additional toilet completes this level.

The first-floor apartment consists of a large living room opening onto three small balconies with a magnificent sea view, two bedrooms, a bathroom with a toilet, and an additional toilet.

An annex bathroom, accessible from the outdoor spaces, as well as a workshop, complete the property. Parking space is also available.

Menton is renowned for its particularly mild climate, with over 315 days of sunshine per year. The villa benefits from an ideal location, close to the town center and beaches, and offers easy access to the most beautiful villages of the French Riviera, Monaco, Nice, and Italy.

Accessible by train from Nice airport, the property is about 700 meters from the station.

This property represents an attractive investment opportunity, with several advantages contributing to its long-term interest. Besides the absence of co-ownership, its effective layout and legal structure in two separate cadastral units are notable advantages. The rental activity is already in place, with confirmed turnover, available upon qualified request.

The property could also be of interest for developing offers for students of the University of Monaco or medium-term stays for telecommuting professionals.

Ref. PE-00462

EPC: Apartment 1: Consumption: 183 kWh/m2/year - Emission 40 KgCO2/m2/year - Estimated annual energy costs: between €954 and €1,290, Average 2021 price - Apartment 2: Consumption: 176 kWh/m2/year - Emission 39 KgCO2/m2/year - Estimated annual energy costs: between €890 and €1,204, Average 2021 price

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€1,490,000

Hors frais notariés, d'enregistrement et de publicité foncière.
Wise Currency Conversion provided by Wise
€1,490,000 is approximately:
British Pounds: £1,247,547
US Dollars: $1,667,757
Canadian Dollars: C$2,334,085
Australian Dollars: A$2,374,911
Please note that these conversions are approximate and for guidance only and do not constitute sale prices. To find out more about currency exchange, please visit our Currency Exchange Guide.

Location Information

Alpes-Maritimes (06), Provence-Alpes-Côte d'Azur
Region: Provence-Alpes-Côte d'Azur Department: Alpes-Maritimes (06) Commune: Menton (06500) View Large Map

For Sale By Agent

Agency: CARLTON INTERNATIONAL Saint-Jean-Cap-Ferrat

This property has been brought to you by Green-Acres

Partner Services

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