Building for sale in Saint-Paul, France

• 800 m² de surface habitable
• GESN/C
• N/C
• Frais d'agences inclus : 5,71% du prix
• DPEN/C

For sale at 2,220,000 euros, the commercial walls and the business of a charming 3-star hotel measuring 800m2 in excellent condition, located on the French Riviera, between Nice and Cannes, just 15 minutes from the beaches and 15 minutes from the Southern Alps. The hotel features between 25 and 30 spacious air-conditioned rooms, each decorated with art pieces reminiscent of the painters and artists of St Paul de Vence and the French Riviera. The hotel offers a solarium, a large terrace with views of the Mediterranean Sea, an exotic garden, a jacuzzi area, and a spacious breakfast lounge. Additionally, there are 25 to 30 private parking spaces within the hotel premises, located in a secure underground area. The total rent for the property is 7,540 euros per month. With a turnover of 400,000 euros in 6 months of operation in 2023, the price of 2,220,000 euros is considered reasonable considering the size of the property, its geographical positioning, and recent renovations. This hotel serves as an ideal base for exploring the surroundings and discovering a region rich in cultural heritage. Couples and year-round tourists particularly appreciate the location and tranquility of this establishment, giving it a rating of 8.4/10 for a two-person stay. The business value is estimated at 600,000 euros. Overall, this hotel represents a unique investment opportunity in a sought-after location with strong potential for success in the hospitality industry.