Property for sale
Cannes, Alpes-Maritimes, Provence-Alpes-Cote d'Azur, France
£2,925,046 *
[€3,360,000]
Full Description
Located in the heart of Cannes' historic center, in the highly sought-after Meynadier district of the Banana, this income-generating building with a total area of approximately 352 m² rises over four levels and benefits from an exceptional location, just 50 meters from La Croisette and 100 meters from the Palais des Festivals as well as the beaches.
The building consists of 13 apartments, distributed as follows: 2 studios and 11 two-room apartments, several of which are duplexes on the top floor. 5 apartments have a terrace, offering pleasant volumes and a certain charm. 2 apartments have a balcony.
Fully air-conditioned and in excellent overall condition, the building requires no work. In operation all year round and under seasonal rental management for many years, the property presents excellent rental profitability. The building is offered fully furnished, with ongoing rental reservations. A co-ownership setup may also be considered for resale by subdivision. The configuration of the entire is perfectly suited for a furnished rental operation, whether seasonal or annual, in one of Cannes' most sought-after sectors.
An exceptional heritage asset, combining prime location, market rarity, and high rental performance, in the heart of Cannes.
“The information on the risks to which this property is exposed is available on the Georisques site: ”
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