The villa is located in France, in the town of Mandelieu-la-Napoule, named after the historic château situated in the heart of the town. In 2018, Mandelieu-la-Napoule was officially recognized as the most livable city in all of Europe. The beaches are sandy, and the town boasts two marinas.
Mandelieu is home to three golf clubs, two renowned tennis academies, a sailing school, and a wide variety of other leisure and sports activities. The town is also celebrated for its fine dining, including the Michelin-starred restaurant L’Oasis, as well as its large selection of supermarkets, clothing and sporting goods stores, and the Pullman casino.
Surrounded by nature, the town offers five national parks—it is truly immersed in greenery and mimosa forests, with flowers blooming all year round.
Property values in the area have been increasing by approximately 10% annually.
The villa lies just 10 kilometers from the center of Cannes, with convenient transport connections. A train station is located within the town, and buses to Cannes run every 20 minutes.
Mandelieu is favored by bankers and families with children. The town provides excellent public infrastructure, including schools and kindergartens, and is widely regarded as a very safe residential area.
Nice International Airport is 25 km away, while Monaco lies at a distance of 60 km.
The villa was built in 1970. It is a two-storey property with a total surface area of 300 m².
From every room and floor, the villa offers a sweeping 180-degree panoramic view of the sea, including vistas of Cannes, the Lérins Islands, and the dramatic Estérel mountain range. To the rear and sides, one enjoys uninterrupted views of the Alps and mimosa-covered hills. A mimosa park is located just a 2-minute walk from the property.
There are no overlooking neighbors, ensuring complete privacy. The property includes a large swimming pool with a fountain (16 x 7 meters) and a spacious 70 m² terrace.
The villa was purchased in 2016 and underwent a comprehensive renovation. Cosmetic improvements were accompanied by major infrastructure updates, including replacement of all plumbing throughout the house, partial rewiring, updated sewage systems, and the installation of a new sauna.
There are two separate entrances from different streets (each with its own address), allowing for the potential construction of an additional residence. The land—approximately 3,000 m²—permits subdivision and the independent sale of a new property. A project plan is in place, and building permits may be granted by the local municipality. The approved construction area allows for a two-storey house of 140 m² (70 m² per floor).
The villa has been rented out seasonally from May to September for the past 10 years (since 2016).
The average annual revenue, as reported in financial documents, stands at €100,000 (ranging between €70,000 and €125,000). With a more active rental strategy, profits could be increased by 50% or more.
Annual operating costs for water and electricity under current usage conditions are around €8,000, while local property and habitation taxes amount to approximately €7,500