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Located in the prestigious Cannes Arrière Croisette area, this magnificent 3-room apartment with private parking is just a few steps away from the famous Croisette beach and Rue d'Antibes. Situated on the 2nd floor of the Le Palais Rose residence at the beginning of Avenue de Madrid, this 72m2 apartment features a south-facing terrace of 7m2. The apartment boasts a spacious 27m2 living room with access to the terrace, a fully equipped American kitchen with dining area, and 2 large master bedrooms, each 14m2 in size. One bedroom has an en-suite bathroom with shower, while the other has a separate shower room. Additionally, there is a separate toilet and plenty of storage space throughout. Completely renovated 4 years ago by a professional, the apartment offers high-quality fittings and finishes, including reversible air conditioning and double glazing in all rooms. Sold fully furnished, the property is perfect for investment purposes due to its proximity to amenities such as beaches, restaurants, the festival palace, port, supermarkets, and transportation. Charges are €120/month. The property tax is €1229/year and energy costs range between €790 and €1100/year. The facade of the residence is set to be refurbished soon (the renovation fees have already been paid), and there are no ongoing legal procedures. The apartment also comes with a private parking space just 20 meters away from the residence. Offering excellent rental potential, this property is ideal for those looking to invest in a prime location with a high return on investment. Don't miss this opportunity to own a piece of luxury in Cannes.