Located in the sought after Cap Fleuri area of Cap d’Ail, only minutes from Monaco and Monte Carlo, this rare waterfront property comprises two independent houses in an exceptional position directly beside the Mediterranean. The entire property requires complete renovation and represents a distinctive opportunity for a buyer wishing to create a bespoke luxury residence in one of the most desirable coastal locations close to the Principality of Monaco. The main house retains the character of an older Mediterranean residence and forms the principal part of the property. A separate guest house provides valuable independent accommodation and could be used for family members, guests or household staff. The waterfront setting is the defining feature of this exceptional address, offering an unusually close connection with the Mediterranean. A comprehensive renovation would allow the future owner to redesign the property according to contemporary expectations while maximising the potential of its remarkable coastal location. The property also benefits from a strategic position in Cap d’Ail, with restaurants, shops and amenities within easy reach. Monaco and Monte Carlo are only a few minutes away, while Nice Côte d’Azur International Airport can be reached in approximately 20 minutes by car. Convenient access to the main coastal routes also provides connections towards Italy to the east and other renowned destinations along the French Riviera. Combining a genuine waterfront position, two independent houses and substantial renovation potential, this property represents a particularly rare opportunity within the luxury real estate market of Cap d’Ail and the Monaco area. For further information regarding the property and its potential, or to arrange a confidential private viewing, contact Côte d’Azur Sotheby’s International Realty, specialists in luxury real estate in Cap d’Ail and across the French Riviera.