Located within the Cap 3000 commercial area, in immediate proximity to the beach, the shopping center, and Nice Côte d’Azur Airport, this 3-star hotel in good condition offers 31 rooms, including 2 rooms accessible for guests with reduced mobility (PRM). All rooms feature private terraces, some benefiting from sea views.
The property also includes a meeting room and a private parking area with capacity for up to 25 vehicles.
Potential (subject to administrative approvals): possibility to create 5 additional rooms in place of the meeting room.
During the development of the commercial area in 1979, the land was subject to 99-year ground leases (emphyteutic leases). The hotel pays an annual ground rent of €50,000, already deducted from the restated EBITDA presented above.
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