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Fantastic Villa In World Famous Mediterranean Beach Town

Asking Price: 2,500,000 €

Location could not be more wonderful for this luxurious detached villa on the Cap road along the coast of the Cote d'Azur in the resort town of Antibes, which is located in the Alpes-Maritimes region in south-eastern France, between Cannes and Nice.

• Just 200 meters to the sheltered beach at Garoup, the villa has 4 double bedrooms, of which 3 are en suite, a kitchen, a separate bathroom and a large lounge which looks out onto the lawn and garden. An awning covered patio is located at the rear of the villa adjoining the kitchen and a covered terrace is at the front of the villa. The structure is 30 years old, completely restored with central heating, a triple tiled roof and double glazed windows. Within the private walled boundaries there are three salons, a wine cellar, a double garage and an outside swimming pool serviced by an underground machinery room. The Villa footprint is 140m2 but as the building is two story the habitual space is 240m2 including the garage and cave(wine cellar).

• For an investor this property has additional benefits because the house may be purchased by utilizing a legal holding company entity (SCI) and by buying the entity rather than property itself. In this manner the buyer will pay about half the going rate for purchase tax, saving about $120,000(USD) and also inherit the existing capital gains tax exemptions, 50% to date. This means that the property will be totally free of capital gains liability in 6 years instead of 15. Property taxes are approximately 4000 euros per annum.

About This Property

Category: Villas Address: Antibes Provence France For Sale By: Agent Construction Year: n/a Area: n/a

Bedrooms: n/a Bathrooms: n/a Sleeps: n/a Stories: n/a Parking Spaces: n/a

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