Ref. 86679105
€3,360,000
24 rooms
11 bedrooms
352 m²
Located in the heart of the historic center of Cannes, in the highly sought-after Meynadier neighborhood of the Banana, this rental building of approximately 352 m² is built on four levels and benefits from an exceptional location, only 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 duplex on the top floor. Some apartments have terraces, offering pleasant volumes and a certain charm. Other apartments have balconies.
The configuration of the whole is perfectly suited to a furnished rental operation, whether seasonal or annual, in one of the most sought-after sectors of Cannes. Fully air-conditioned and in excellent overall condition, the building requires no work. Under seasonal rental management for many years, the property shows excellent rental profitability, with annual revenues between €280,000 and €320,000 per year. The building is offered fully furnished, with current rental reservations. A co-ownership setup can also be considered with a view to resale by division.
An exceptional heritage asset, combining prime location, market rarity, and high rental performance, in the heart of Cannes.
"Information on the risks to which this property is exposed is available on the Georisques website: georisques.gouv.fr"
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