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Investment
Investment
CANNES 06400

Cannes Centre, 2-bedroom apartment – terrace – potential rental investment

  • bathrooms
    2
  • area
    62 m2
  • bedrooms
    2

Presentation of the property : Apartment 3 rooms for sale in CANNES

Three-room apartment for sale located just steps from the center of Cannes, a few minutes' walk from the Croisette and Rue d'Antibes, and within easy reach of shops, beaches, and public transport, on a sought-after quiet street. This fully renovated three-room apartment in central Cannes benefits from a south-facing aspect, offering abundant natural light throughout the day, as well as a private, peaceful terrace – a highly desirable feature for an apartment in the heart of Cannes. The living room with its open-plan, fully fitted and equipped kitchen provides a modern, welcoming, and perfectly optimized living space. The apartment comprises two bedrooms, each with its own en-suite shower room – a major advantage for seasonal rentals or conferences in Cannes – as well as ample storage. No work is required; the apartment is ready to move into or rent immediately. A rare find in central Cannes, this property offers an optional private garage. This apartment for sale in central Cannes represents an excellent rental investment opportunity with high profitability, particularly during the Cannes Film Festival and the numerous conferences held throughout the year. Located 25 minutes from Nice Côte d'Azur Airport with quick access to main roads, this Cannes city centre apartment with terrace and garage is ideal for a secure investment or a pied-à-terre. Number of units in the condominium: 5. Average annual share of expenses (estimated budget): €600, or €50 per month. The fees are payable by the seller.
Les informations sur les risques auxquels ce bien est exposé sont disponibles sur le site Géorisques : www. georisques. gouv. fr.

** ENGLISH SPEAKERS: please note that Capifrance has an international department that can help with translations. To see our range of 20,000 properties for sale in France, please visit our Capifrance website directly. We look forward to finding your dream home!

Additional information :

Total price including fees 339 000 €
Fees payable by the seller

To view the fee schedule : click here

Location of the property : Apartment 62 m2 for sale in CANNES

06400 CANNES

Features of this property :

340 937 925 515
2
3
62
62
2
1
South
Electric, Air Conditioning
yes
yes
339 000 €
DPE_ passoire énergétique logement extrêmement performant logement extrêmement peu performant consommation (énergie primaire) 233 kWh/m²/an émissions* 7 kgCO2/m²/an
DPE_ * Dont émissions de gaz à effet de serre peu d'émissions de CO2 émissions de CO2 très importantes 7 kgCO2/m²/an
Estimated annual energy costs of the property
Between 860 € and 1210 € by year
Estimated amount of annual energy expenditure for standard use : in the form of a range with indication of the range

Average energy prices indexed as of January 1, 2021 (subscriptions included)

Capifrance advisor in charge of this property

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FAQ
The Capifrance team answers your frequently asked questions:

To obtain a mortgage, it is necessary to compile a loan application file with a bank or a credit institution. The conditions for granting a loan generally include a personal contribution, job stability, a reasonable debt-to-income ratio, and a good repayment capacity. It is advisable to compare offers from different institutions to get the best terms.

In addition to the purchase price of the property, several additional costs should be anticipated, such as notary fees (approximately 7 to 8% of the sale price for an older property), agent fees, loan application fees, insurance, as well as potential renovation or furnishing costs.

The difference between a sales agreement and a sales promise lies mainly in the commitment of the parties and the consequences in case of non-compliance with the terms of the contract.
Sales agreement: Strong mutual commitment between both parties. If one party withdraws, the other can demand the forced execution of the property sale.
Sales promise: Unilateral commitment from the seller. The buyer has the option to purchase or not, with a reservation fee in case of non-purchase.

. Contact a Real Estate Advisor
Express your interest in the property for sale.

. Propose a Price and Purchase Conditions
Indicate the offered price and conditions (timeline, contingencies, etc.).

. Wait for the Seller's Response
The seller can accept, reject, or propose a counteroffer.

. Formalize the Sale
If the offer is accepted, sign a sales agreement and verify the legal documents.
Finalize your financing if necessary.
Sign the deed of sale at the notary's office to officially become the owner.

These steps will help you secure and successfully complete your real estate purchase.

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