Investment project in Cannes, France, 430 m²

An investment project near Cannes, Mougins district: a magnificent plot of 2900 m2 with the right to build a villa of up to 430 m2 (example in the photo). A prestigious area next to the Mougins International School.

The cost of the plot is 1,260,000 euros, turnkey construction of 430 m2 is 1,350,000 euros, other expenses are 200,000 euros. A total of 2,800,000 euros. The market value of such villas in the area is from 9,000 euros per m2, the potential profitability of the project is 25-30%.