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CANNES
(PRICES FROM) 532 335 €
Cannes Property: Old Town - Prime location!
 1 Bedroom
 50 m2
 In the picturesque Old Town
 Close to everything!
About Area    Enquire Now
Ref : NB484

This residence is an exciting and rare opportunity to purchase apartments within a new development in an exceptional location. You cannot imagine a better setting than a peaceful picturesque street in the heart of one of the most desirable and attractive areas on the Riviera. The apartment building is located in the historical old town of Cannes (le Suquet) and is just a stone’s throw away from the old harbour and its glamorous yachts. There are only 9 apartments left and they’re going fast so you’d better be quick so as not to miss out!

Only the original façade of the existing building will remain and is being renovated and re-painted, subject to approval by the ‘Building Architects of France’. New double glazing windows are being installed with traditional wooden shutters to decorate the outside, the rest of the structure is being completely rebuilt from scratch to create luxurious apartments. Quality interiors will include fully equipped and fitted kitchens, furnished bathrooms, choice of floor tiles and wooden floors in the bedrooms, reversible air conditioning and video entry phone. 2 bedroom and 3 bedroom duplex apartments occupy the top two floors and enjoy the benefit of large terraces.

As an investment, thanks to the worldwide fame of Cannes and its major annual international events this property will surely be will be rented out all year round on an annual or seasonal basis, let as a furnished property will obtain good yields. These apartment are also available to purchase on Leaseback offering an annual return of 3.7%. Everything is on your doorstep with the many cafés and restaurants of the old town and the Croisette, the Palais des Festival is just 5 minutes walk away and not forgetting the long sandy beaches. No matter what type of purchase you are considering, whether a main residence, holiday home or rental investment, this property has everything to offer.

Delivery/Completion: 4th Quarter 2008


1 bedroom, 2 bedroom, 2 bedroom duplex & 3 bedroom duplex apartments available.

Type & Prices


1 bedroom 532,335 € - 605,268 €
2 bedroom 604,303 € - 698,251 €
2 bedroom duplex 729,862 € - 813,000 €
3 bedroom duplex 867,420 € - 887,939 €


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About the Area

This is the old historic centre of Cannes and is the new up-and-coming area. Its foundations date back to the tenth century. It is know locally as Le Souquet. Here you will find charming cobbled streets and some of the more traditional French restaurants and shops. The ‘Suquet’ is located 0.5 – 2 Km from the town centre and is a short five to ten minute walk to the ‘Palais de Festivals’. The prices of apartments in this area tend to be slightly cheaper than those in the centre, predominantly because they are in old buildings that often have no lift. However they are very charming and ideally located for exhibition attendees. It is also the area that has the most margins for capital appreciation in the centre of Cannes. Prices in this area tend to vary from 4000€ to 6000€ per m² depending on the location and

More Info

Contact agent directly:
Attika New Build Department
Tel: +33(0)4 93 16 95 81
Email: info@attikainternational.com

 
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