$402,700

Located in Cap-d’Ail, just ten minutes from Monaco, this recently renovated 27 sq.m apartment offers an attractive opportunity to acquire an income-producing property on the French Riviera, combining a desirable location, distinctive architecture and established rental activity. The apartment forms part of Costa Plana, a residential development designed by renowned architect Jean Nouvel in the 1990s. The secure complex benefits from an on-site caretaker, swimming pool and lift. The accommodation includes a living room with a fully equipped open-plan kitchen, a separate bedroom and a shower room. A spacious 15 sq.m terrace provides an outdoor setting with views of the Mediterranean Sea and surrounding mountains. Air conditioning, double glazing and a private indoor parking space complete the property. Cap-d’Ail enjoys a strategic position on the French Riviera, immediately west of Monaco. The town centre and its amenities are approximately five minutes away, while the Principality, local beaches and harbour can be reached in around ten minutes. Nice International Airport is approximately 20 minutes away by motorway. Offered as a turnkey acquisition, the apartment currently generates reported annual rental turnover of nearly €50,000. Its combination of location, residential amenities and rental performance makes it an appealing proposition for international buyers seeking both a foothold on the Côte d’Azur and an investment asset. For additional information or to arrange a private viewing, please contact Côte d’Azur Sotheby’s International Realty.