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1 bedroom house for sale in Cannes, France
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1 bedroom house for sale in Cannes, France

2 650 000€

Cannes

Features

  • 715 m² de surface habitable
  • 1 salle de bain
  • GESN/C
  • 2 pièces
  • Chauffage électrique
  • 1 chambre
  • DPEN/C

Investment Breakdown

Gross Yield:

5.5%

Time to pay off with rent:

1.2 years

Price Difference:

300000%

Expected Rent:

180000€/month

Property description

Located just 50 meters from the famous Rue d'Antibes in Cannes, this property presents an exceptional opportunity for developers and investors alike. Currently, the site features a town house that is designated for demolition, allowing for the construction of a new professional building. The project has already secured the necessary building permit, which has been fully approved and cleared, streamlining the development process. In addition, there is an option to purchase 21 parking boxes, which are not included in the listed price, enhancing the project's potential value and appeal. This prime location in Cannes ensures high demand for commercial space, making it a lucrative prospect for those looking to invest in the thriving real estate market.

Location

Date added: 13.12.2024

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