- Location, location, location:
Located 100 m from the beach, and in close proximity to the Saint Laurent du Var marina
Easily reached from Nice Côte d'Azur airport, a few kilometres away, and via the A8 motorway linking the main towns of the Côte d'Azur
The residence offers 110 furnished and equipped apartments, from studios for 2 people to 2/3-room apartments for 6 people
Innovation within the residence: several leisure activities, including an outdoor swimming pool, tennis courts and a landscaped garden for relaxation
Rated 7,8 out of 10 by 30 people on booking.com
- Price & rent:
The rent paid to the owner for a two-room apartment (m²) is 9500 € excluding tax (per 2023), including the fixed and variable parts of the lease, with expected yields currently around 3.5 %
Indexation to the IRL capped at + or – 1,5 % per year
With a commercial lease and guaranteed income with no rental vacancies, benefit from an attractive price per m² for a 2P (279000 €/48m²) = 5800 €/m², which is competitive compared with the traditional property market on the Côte d'Azur
Attractive price given the quality amenities, services and facilities available
- Renewal:
Next lease expiry 10/2025
The contribution to renewals of comfort and decoration items in 2015 was 8569 € excluding tax for a 2P, to be anticipated in 2025 within the financing plan
- Worry-free management:
Managed by Groupe Pierre & Vacances Center Parcs, a European tourism leader, providing professional and efficient management for many years
The condominium managing agent is SOGIRE. Charges are advanced by the manager
Conclusion : ideally positioned in Saint Laurent du Var, one of the most sought-after tourist destinations on the Côte d'Azur, this asset sits in an attractive market thanks to its location, close to both the sea and Nice airport, as well as its quality services. The manager ensures a high occupancy rate throughout the year due to the prime location. A safe and profitable investment for the future.