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Apartment Cannes (06)by iad france

ApartmentCannes (06)
Price :
$1,080,500
Surface160 bedrooms5

Real Estate Listing: Two Floors for Sale in the Prestigious La Banane District of CannesLocation : La Banane District, CannesFirst Floor - 1st LevelArea : 80 m² Carrez law + 20 m² on an additional levelConfiguration :2 apartments of 36 m² each1 studio of 22 m²Total Area : 94 m² (80 m² Carrez) Amenities :3 electric meters Previous annual rents: €700 + €700 + €630 = €24,000Condition : Needs renovationsSecond Floor - 2nd Level Area : 80 m² Carrez law (79.85 m² exact) Lot 1: 41.66 m² Lot 2: 38.17 m² Configuration: Two electric panels One electric meter currently, ready to receive a second Condition : Renovated apartments Rental Income : Rented on Airbnb since 2014 Average rental income: €30,000/year from seasonal rentals Maximum rental income achieved: €37,000/year from seasonal rentalsInvestment OpportunityThese two floors, located in the highly sought-after La Banane district of Cannes, offer an excellent investment opportunity. They are particularly appealing to investors looking to divide and resell unit by unit. The first floor requires renovations, providing an opportunity for customization and added value. The second floor is in excellent condition and already generates high rental income through seasonal rentals on Airbnb.Ideal for annual or seasonal rental operations, these floors can also be transformed and sold as individual units to maximize return on investment.For more information or to schedule a visit, please contact:

Advertiser reference : 1565765Le Figaro Properties reference : 71350424

Its assets

  • Elevator
  • Air conditioning

In detail

Apartment Cannes (06)

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iad france
Immeuble carré Haussmann IIIallée de la ferme de Varatre77127 LieusaintAll the listings of this agency

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