For Sale in Provence-Alpes-Cote-D'Azur: Property for sale in France: Studio, 1,2 & 3 bed apartments in Cannes, Alpes-Maritime, Cote d'Azur
€125,000 (£112,299 app.) - price includes agency fees Details as of 2009-04-16 15:21:02
Location: France - Provence-Alpes-Cote-D'Azur - Alpes-Maritimes - Cannes
Number of Bedrooms: not applicable
GTF12152: Property for sale in France: Studio, 1,2 & 3 bed apartments in Cannes, Alpes-Maritime, Cote d'Azur €125,000 (£112,299 app.)
- price includes agency fees
New aparments in the centre of Cannes, 400 meters from the Croisette and the beach.
Located in the very centre of Cannes with only a few minutes walk to the Croisette, Palais de Festival, Rue d'Antibes, the train station, the beach and the old town. 25 min from Nice airport.
With its splendid location in the centre of Cannes and with the best rental market on the Riviera, these apartments will sell fast both as second homes and as pure investment projects. Expected yield between 6% and 10% depending on rental frequency.
A total of 91 apartments is being built on a large plot of land where the majority is green park accessible to the residence.
Completion end 2008
Prices starts at EUR 125.000 for a 30m² studio with balcony, a 1 bedroom flat is EUR 160.000 for 40m² with balcony, the 2 bedroom apartments are starting at EUR 350.000 for 65m² with terrace and top floor duplex apartments with 3 bedrooms of 80m² starts at EUR 480.000.
Parking available outside for EUR 18.000 and garages from EUR 22.000
Orientation: southwest
Open view: garden
Garage: at extra cost
Close to school: Yes
Close to shops/restaurants: Yes
Distance to airport (km): 25
Distance to sea (km): 0
Estimated rental income per week*:
High season (June-Aug) euros 450
Mid season (Apr-May & Sept-Oct) euros 360
Low season (Nov-March) euros 300
* The rental income is estimated according to local knowledge and is non-contractual
Prices include agent's fees.
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