Historic Property With Sea Views In Théoule-sur-Mer

About the Property

At Théoule-sur-Mer on the Bay of Cannes, this historic villa, originally documented in 1912, occupies a striking setting where the red rocks of the Estérel descend towards the Mediterranean. The property encompasses 8,378 m² of private land, complemented by over 12 hectares of adjoining non-buildable woodland, creating a harmonious panorama of sea, coastline, and mountains. The site, once a renowned hotel-restaurant with a distinguished gastronomic history, was awarded a second Michelin star in 1972. Currently in a ruinous state, it comes with an approved project for a private residence of approximately 1,500 m², which will rehabilitate around 1,200 m² of existing structure while extending by approximately 300 m². The villa's historical significance and potential for revitalization present a unique opportunity to breathe new life into a property rich in heritage, without allowing its past to dictate its future. Price: €8,500,000 including fees (paid by the seller). Information on the risks to which this property is exposed is available on the Géorisques website: https://www.georisques.gouv.fr/