La Ferme De Cannes, Cannes, France

La Ferme de Saint Jean de Cannes A rare opportunity to acquire an exclusive renovation project on a 10 Hectares (circa 25 Acres) of land plot on the Côte d'Azur, the French riviera only 15 minutes' drive from the beach.

The property consists of three period buildings which creates a rare development opportunity.

The Certificat d'Urbanisme (administrative document which defines the constructability of the land) indicates these surfaces:

The Yellow Building Some 363 m2 (circa 3907 sq. ft) of gross floor area
The White House Some 521 m2 (circa 5607 sq. ft) of gross floor area
The Little House to the West Some 44 m2 (circa 474 sq. ft) of gross floor area

TOTAL Some 928 m2 (circa 9988 sq. ft) of gross floor area

THE YELLOW HOUSE

The Yellow House has accommodation on the ground, first and second floors.
There is large substantial basement which could accommodate multiple cars and a possible
wine cellar or storage.
There is a large terrace overlooking the valley which possibly may be extended.
The building has a traditional natural yellow colour on the facades, and Provencal tiles on the
roof.
The external walls of the building are stone and are representative of traditional of the Côte
d'Azur exterior.
The roof needs remediation.

THE WHITE HOUSE

This was previously an agricultural building with large areas volumes, many rooms.
The external walls would appear to be of masonry; there is a cement render to the facades, flat
tiles to the timber structure to the roof.
Those floors which are visible have a structure of steel joists with masonry infills.
The roof needs remediation.
The inside, the structure, the walls, the stone have a lot of charm and character.

THE LITTLE HOUSE TO THE WEST

The Little House to the west of the White House is open on three sides. The structure is of brick columns. The roof is of flat tiles laid on a timber structure.
Substantial works have been done to have electricity, water, telephone and optic fiber coming from the Route Nationale 7 along the track which leads to the buildings over some 300 meters.
Solar power is an interesting as an off grid connection and stand-alone power source.

There is a spring on the property and also two working wells on the site (one in the basement of the house and one behind the second larger building). These have historically provided the domain with the necessary required volume of water (house, swimming-pool, outbuildings and garden) even in drought.

The land slopes from north to south down to a stream which would appear, according to the cadastral plan, to be adjacent to the property. With the exception of the land to the south of the buildings where there is some natural grass, the remainder of the land is covered with mimosa, as is all of the neighbouring land.

The existing buildings (928 m2/ circa 9988 sq. ft) have been formally redrawn by a local architect with an objective to maximise the potential habitable as illustrated below:

The first detailed plan vastly increases the habitable' area by linking the two main buildings with terraces, a swimming pool, Japanese garden and courtyards. This plan meets the basic family residential/holiday clientele' requirements in the south of France for privacy and security overall with spacious and luxurious principal accommodation and separate accommodation and leisure areas for guests and other family members on holiday.

Other possible development alternatives are i) to convert the larger/higher building into a games/swimming pool/spa complex with accommodation or ii) to convert the larger/higher building into guest accommodation with stables alongside. There is a demand for stabling for horse people in this area and no residences with private stabling. The local livery facilities are full and this property is surrounded by thousands of hectares of protected forest for riding.

All the buildings are down a long exclusive driveway so there is no traffic noise. There are no other buildings in view even in the distance.

The NOF (National Office of Forest) has confirmed that a large swimming pool was historically on site in the meadow and the Company has the right' to construct another substantial swimming pool. This would be important if the plot was divided and separate pools were required.

The property is situated some 5 kilometres to the south-west of Mandelieu - La Napoule, below and to the south of the Route Nationale 7 or the road which leads
through the stunning Esterel hills from Mandelieu to Frèjus. The property has its own exclusive entrance off the main road/Route National 7. The Route National 7 leads to Fréjus from Mandelieu, through the Esterel forest. The property is surrounded by a forest called Massif de l'Esterel, which is a protected area. Some very important properties are located in an area of 1 or 2 km.

The property is situated:
- 23 kilometers from Fréjus
- 13 kilometers from Cannes
- 10 kilometers from Mandelieu-Cannes Airport (an exclusive airport for private aviation)
- 35 kilometers from Nice airport.

There are two golf courses nearby (Golf Club de Cannes Mandelieu and Riviera Golf club), also the Marina, the beaches of La Napoule , Yatch Club and berthing area less than 10 minutes drive. The property is situated in a spectacular setting of 10 hectares (25 acres) listed in the Cadastre of Town Hall as being Section CR, No 112 overlooking meadows and woodland. It is entirely surrounded by the Forêt nationale' which is a protected area and nature reserve. The land slopes gently downwards from the principal house over a meadow to the river which forms the southern boundary. There is a natural lake to the south west of the house in the woods. The entire property faces south and is bathed in sunshine with spectacular views of the Esterel mountains. There is no similar property in the area so close to Cannes and the international airport. The location of the property is exceptional.

The property is a wonder-world of adventure. There is a magnificent gorge, waterfalls, and tracks through the forest in all directions with a variety of wildlife.

The indicative valuation of the property in its present state is Euros 4 million. Development of the habitable' area at a high standard would cost approximately 3,000 euros per m2/ sq. There are no similar properties available in the area to use as a cost guide but after development the property value as a residence is estimated at upwards of Euros 12 million.

There is significant upside value in this project. This property is in a very special location and the seller is only interested in a purchaser who wants to create an exceptional residence.

After development, the remaining free hectares would be considered as exceptional site' classification and limited to forêt domaniale'.