1 950 000 €
1 950 000 €
Sale price | 1 950 000 € |
Price per square meter | 5 416.67 € |
Floor area | 360 m² |
Construction phase | Resale |
Address | France, Cannes |
Location | at the seaside, within the city |
to the beach | 1000 m |
to food stores | 100 m |
Profitability | |
---|---|
Annual return | 8 % |
Return (initial profitability) - rental income (excluding expenses) / price of the object excluding expenses*100% |
Business expenses | |
---|---|
Not included in the price |
Cannes — investment house by the Croisette · €1,950,000
We offer for sale a building after complete renovation in the central part of Cannes.
A great opportunity for investment for rent.
Main parameters:
Structure: 8 apartments, 10 bedrooms (7 × 1-bed, 1 × 3-bed).
Condition: complete renovation, excellent condition inside and out.
State of sale: unfurnished — space for the implementation of the rental concept.
Energy certificate: Class C.
Location and logistics:
5 minutes walk to the center and the Croisette,
10 minutes to the train station,
15 minutes to the sea,
40 minutes by car to the airport.
Why it is beneficial:
Optimal layout for short—term rentals - 7 single apartments for high occupancy + 1 three-bedroom for more expensive bookings;
Fully renovated — requires no capital investment;
Sold empty — you set the positioning yourself: stylish apartments, boutique B&Bs or a short-term management product;
On request, we provide turnkey furniture, decor and rental management services;
Estimated yield is 7-9% per annum (the financial model has been prepared and is available on request).
Use cases: seasonal rental, long—term rental, small B&B - choose a strategy depending on your income model.
Request a financial model, commercial forecasts, and a photo/layout. We will arrange a viewing and discuss options for furnishing and management.
Additional expenses (tax, notary services, registration) are not included in the price.