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Property Cannes (06)by doly

PropertyCannes (06)
Price :
$3,908,300
($11,103 / m²)
Surface352

DOLY EXCLUSIVITY - Building sold empty - Palais des Festivals
DOLY is proud to exclusively present this independent building of 352 m² (327 m² of private surfaces and 25 m² of outdoor space) in sole ownership located at 11 Rue Jean Joseph Mero - Cannes.
The building rises over 3 floors and consists of 13 apartments:
- Two studio-type apartments,
- Eleven 2-room apartments,
The apartments on the top floor are duplexes, adding charm and extra volume.
The typology of the units perfectly meets the strong local and tourist rental demand, allowing for furnished, seasonal, or annual rental exploitation.
Key investment points:
- Iconic address in the historic center of Cannes
- Entire building, extremely rare for sale
- Ideal configuration for a wealth management or yield strategy
- Strong rental attractiveness, dynamic and sustainable market
Very good rental profitability, building in very good general condition: no work required. Air conditioning.
Between 280,000 and 320,000 euros in annual revenue from AIRBNB rentals, depending on optimizations made (decoration, etc.).
IDEAL FOR WEALTH INVESTORS - RARE ON THE MARKET

This description has been automatically translated from French.
Advertiser reference : DOM27595Le Figaro Properties reference : 96165659

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Property Cannes (06)

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