Investment project in Cap d'Ail, France, 350 m²

An investment plot for the construction of a villa of 350 m2, located in Cap d'Ail,. The terraced plot is decorated with an area of 890 m2 with Mediterranean vegetation and has a beautiful view of the sea, creating an idyllic environment for your future real estate project. The land area allows you to build a spacious residential building with an area of about 356 m2 with R+1 or R+2, a height of 9 meters is allowed. The proximity to the sea makes this land an ideal place for a holiday home or main residence. Cap d'Ail is located a short drive from Monaco, which provides easy access to local attractions and beaches.

Offer for investors: purchase of a plot (1,930,000 euros), turnkey construction of 350 m2 (1,400,000 euros), additional expenses (200,000 euros), total 3,500,000 euros, phased payment. The minimum cost of 1 m2 of similar ready-made facilities of this class in this area is 15,000 euros per m2, the potential profitability of the project is 33% after taxes.