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99 bedrooms house for sale in France

3 995 000€

Property description

Property Description: Unique Alpine Estate Investment Opportunity Key Features: - Alpine estate at 1500 meters altitude - 7000 sqm of exploitable buildings - 9 hectares of buildable land with panoramic views - Proximity to Lyon, Grenoble, Chambéry, Annecy, Aix-les-Bains, and Geneva - Potential for creating 200 apartments or a sports training center with accommodation Property Overview: This one-of-a-kind estate, nestled at an impressive altitude of 1500 meters, offers a rare investment opportunity. With 7000 sqm of existing buildings on a vast 9-hectare parcel of land, this property boasts breathtaking panoramic views, making it ideal for various development projects in the residential or tourism sectors. Development Potential: The expansive 7000 sqm of buildings provides versatile space ready for transformation into up to 200 luxury apartments, a high-end hotel or resort, or a state-of-the-art sports training center with accommodation. The strategic location between Lyon and Geneva enhances the property's value and accessibility. Price Reflection: The property is priced at €14 million, making it a substantial investment opportunity. With a total budget estimated at not less than €30 million for purchase and development work, this estate offers the potential for high returns on investment. The property's unique features and development flexibility make it a valuable asset in a sought-after location. Thoughts on Price: Given the prime location, size of the property, and the potential for various development projects, the asking price of €14 million reflects the exceptional value and investment opportunity that this Alpine estate presents. The property's strategic proximity to major urban centers and the high demand for luxury residences and tourism facilities in the region further justify the price point.Investors looking to capitalize on the growing real estate market in the area will find this property to be a lucrative opportunity with significant potential for long-term financial gains.

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Date added: 10.09.2024

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