Beaulieu-Sur-Mer Bare Ownership Sale Top Floor 4 Rooms 210 m² Terrace Bare Ownership Sale with

Property Description

Beaulieu-Sur-Mer Bare Ownership Sale Top Floor 4 Rooms 210 m² Terrace Bare ownership sale with reserved usufruct for the benefit of an 85-year-old man. Lump-Sum payment (bouquet): €1,453,000 Monthly annuity: €0 Purchase price: €1,453,000 Please note that in a bare ownership sale, the seller retains the right to use the property. You cannot live in or rent out the property during the usufruct period. In this type of transaction, you pay the full price up front, with no monthly payments. For the investor, this is similar to a secure rental investment, but with a single occupant (the seller), and the total rental income is received upfront in the form of a discount on the property's value (usufruct or right of use). Century 21 Lafage presents this exceptional top-floor penthouse of 112 m², located in the heart of Beaulieu-sur-Mer, just steps from the beaches, shops, and public transport. The apartment features a spacious 50 m² living room with an open-plan fully equipped kitchen, three bedrooms, including a master suite, a shower room, and separate toilet. It boasts a rare 210 m² panoramic terrace, offering exceptional outdoor space. Highlights: Top floor with elevator 210 m² rooftop terrace Exceptional natural light, triple exposure Highly sought-after location Financial Analysis You are acquiring this property for €1,453,000 in bare ownership, compared to its full market value of €1,700,000. The usufructuary (an 85-year-old man) retains the right of use but remains responsible for all routine charges, property tax, and maintenance work (excluding major structural repairs as defined by Article 606 of the French Civil Code). Immediate potential capital gain of €247,000 No property-related taxes during the usufruct period No annuity to pay High-end investment in a prestigious French Riviera resort No rental risks or management hassles An ideal opportunity for a secure, long-term wealth-building investment.