Property Details
- Property: Apartment (Leaseback)
- Bedrooms: N/A
- Bathrooms: N/A
- Receptions: N/A
74-50-juan hotel conversion
Smart apartments only 100m from the beach in Juan les Pins
Features
Currently in the process of being converted, this centrally located hotel is being turned into high quality apartments and studio flats. The building is only 100m from the beach and the sparkling blue sea with all the outdoor pleasures it brings, and minutes away from the shops, bars and restaurants. The apartments will be fully fitted and furnished with modern decor and will also benefit from air con. The studio apartments will come without the kitchnette facility.
This is a leaseback development and has a yield of 3.5% with two weeks holiday occupation per year with a 9 year lease.
Juan les Pins was a Greek fortified town named Antipolis in the 5th century BC, and later a Roman town, and always an active port for trading along the Mediterranean. Today it's an attractive and active town, popular with "foreigners" from Paris and the north of France, with non-French, and with the local population.
The natural beauty remains in the vieille ville (old town), with the ramparts along the sea and the long, arched protective wall along the port. There are plenty of little streets for exploring, restaurants of all types and prices, and lots of shops, from authentic little hardware/general-stores to tourist gift shops.
Antibes is the proper name of this ancient town, but it's commonly referred to as Antibes - Juan-les-Pins. The Juan-les-Pins part is a seaside resort and night-life area of sandy beaches, boutiques, night clubs and casino. The two places are close together, a good walk or short drive over the hill of the narrow part of the peninsula, or a longer and lovely drive around the coastline of the Cap d'Antibes.
The Cap d'Antibes, marked by the lighthouse at the highest point, is a lush setting of some very large and very expensive estates, even by "French Riviera" standards. It also has the hotel of choice for some famous people, such as Madonna, who prefer to avoid the bright lights and bussel of the Croissette in Cannes during their short stays on the Côte d'Azur.
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