Beaulieu Sur Mer, Provence-Alpes-Côte D'Azur, France

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.