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Villa in France for Renovation
The villa is located on the French Riviera, in a picturesque town and popular area, just 300 meters from the sea. Shops and transportation infrastructure are nearby, yet the property is situated in a quiet location, increasing its attractiveness for potential buyers.
€1,187,500
Overview

Plot Size:

The total plot area is 774 m², allowing for the creation of additional amenities such as a relaxation area, playground, and swimming pool.

Property Size:

The total building area is 208 m², currently divided into two separate apartments:
First Apartment

On the garden level, 122 m². It includes an entrance hall, large living room with fireplace, separate kitchen (with the potential to merge with the living room), one study, three bedrooms (two with en-suite bathrooms).

Second Apartment

On the first floor, 88 m². It includes a living room with fireplace, open kitchen leading to a terrace (43 m²), utility room, two bedrooms (one with an en-suite bathroom).

Additional Structures:

The property also includes a large garage and an outbuilding, which can be demolished to create a parking area, adding value to the property post-renovation.

Condition of the Property:

Built in 1959, the property requires a full renovation. This opens up the possibility of increasing the total area to 223 m² and dividing the house into three separate apartments, each 74 m².

Get Equity
Location:
France
Property Type:
Residential (two apartments with renovation potential)
Investment Term:
12-14 months
Expected Return:
€312,500 – €512,500 (net profit after taxes), profitability up to 43%
Business Model
Purchase, renovate, and sell at a higher price
Stage:
Preparatory (awaiting preliminary agreement and building permits)
momentum
Most Momentum
Top 15 in amount raised last 72 hours

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