Provence-Alps-Cote d`Azur, Alpes-Maritimes, Roquebrune-Cap-Martin, France

At the foot of Cap Martin, in the Carnolès district, discover a property development opportunity combining proximity to the coast, convenient access and potential to add value to your investment.

Located on Avenue de la Paix in Roquebrune-Cap-Martin, the plot is, according to the presentation dossier, approximately 400 metres on foot from the beaches and Carnolès railway station, and 200 metres from the town hall. An attractive setting for a residence catering to both local buyers and professionals working in the Principality of Monaco.

A residential project with sea views and a rooftop swimming pool

The dossier presents two approved variants of a residential development comprising a ground floor and five upper floors, offering respectively 1,194 m² or 1,164 m² of planning floor area, depending on the permit selected.

The proposed development includes:

- 16 apartments, comprising 11 open-market apartments and 5 social housing studios, with the latter located on the ground and first floors;
- views of the sea and Cap Martin from the third to fifth floors;
- 24 underground parking spaces;
- two independent lifts;
- a bicycle storage room accommodating 40 bicycles;
- a 10 × 3-metre rooftop swimming pool, a distinctive feature of the project.

Together, these elements provide the foundations for a contemporary residence combining comfort, mobility and the Mediterranean lifestyle.

A location at the heart of an evolving neighbourhood

Approximately 150 metres from the site, the Cœur de Carnolès eco-district project includes housing, shops, offices, school facilities and landscaped spaces. This setting supports the integration of the future development into a lively neighbourhood close to amenities and public transport.

An opportunity for developers or long-term property investors

The land is offered with an established development proposal and two building permits which the seller states are clear of appeals, with a stated validity of four years from 5 July 2026. The sale will involve the necessary steps to transfer the selected permit, subject to administrative approval.

Depending on the purchaser’s strategy, the project may be considered for development and subsequent sale, or for long-term ownership following construction.

The seller’s presentation indicates projected annual rental income of €390,000 and potential gross sales revenue exceeding €12 million, including VAT, for the completed development. These projections are working assumptions requiring confirmation through an independent appraisal covering the total project cost, social housing obligations, financing, taxation and market conditions. They do not constitute a guarantee of returns or resale value.

A land opportunity worth considering for its combination of location, residential programme and planned amenities, on Monaco’s doorstep.

Contact Finlay Brewer International to receive the presentation dossier and arrange a site visit.

Information about the risks to which this property is exposed is available on the Géorisques website: