Cannes Croisette – Only one studio available €195,988 Net.

  • Sophisticated residence in the heart of Cannes Croisette.
  • Recently renovated in 2018.
  • Luxury on-site facilities including heated outdoor pool and spa.
  • Only 1 studio available at 195,988 euros.
  • Leaseback re-sale – NET buyer price.
  • Residence with underground parking.
  • 100m from Promenade de la Croisette and Cannes beaches.
  • Close to Rue d’Antibes shops and restaurants.
  • Fully furnished and managed properties.
  • Great investment opportunity with 4.92% rental income.
  • Hassle-free with returns from day one of ownership.

More Information

The residence is ideally located in the heart of Cannes in a quiet residential area, 100 m from the Promenade de la Croisette and Cannes beaches. Renovated in 2018, it offers luxury apartments, free high speed WiFi, a heated outdoor pool with solarium, on-site spa with sauna, hammam and wellness treatments. There is also underground parking available to residents and a 24h reception area.
Only 900 m from the famous Palais des Festivals, Clarion Suites Cannes Croisette is close to the shops and amenities with just 2 min walk from Rue d’Antibes and a 15-minute walk from Cannes train station.

The residence comprises 114 rooms and suites ranging from studios to presidential and penthouse suites.  All of the rooms have air-conditioned, a flat-screen TV with satellite channels, an equipped kitchen or kitchenette and a private bathroom. Some have balconies with views of the pools and garden.

There is currently only one studio available to purchase in the residence, with an underground parking space included. Net Prices of 195,988 euros.

The Leaseback structure is a very popular way of buying property in France. Purchasers may benefit from a government-backed VAT refund incentive where the property is leased back to a management company who will look after the rental & management of the property. The purchaser may benefit from a fixed income and hands-off investment that can be used also for personal holidays or simply as a pure investment.

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