Reference : VV382
Very rare property 5 min from Monaco.
Huge potential!
Current villa: 280m²
Land: 3.500m²
Significant residual constructibility - 2 projects possible:
• Extension: + 977m² living space + 524m² garage for a total of 1,780m² floor area
or
• Demolition-Build: 1,070m² living space + 400m² garage for a total of 1,470m² floor space
Architectural feasibility study on request.
Key figures:
• Value after extension or construction: €16M-€18M
• Estimated cost of works: €6M
• Residual land value: €10M-€12M
• Asking price: €5.4M
Special features:
• Direct neighbor of the very prestigious property "Le Château Balzan" (for sale for 300M€!)
• Absolute peace and birdsong
• Dead-end road
• Completely unoverlooked
• Total brightness
• Magnificent sea, Mala and nature views
• View guaranteed because of wooded area