5 Room Apartment

CANNES - EXCEPTIONAL 5 ROOM LOFT IN THE SUQUET - 101 m² - PROFITABILITY 9% - IDEAL FOR INVESTORS
EXCEPTIONAL LOFT of 101 m² on TWO LEVELS, located in the heart of Le SUQUET, a historic and touristic area of CANNES, only 100 METERS FROM THE BEACHES and a FEW STEPS FROM THE PALAIS DES FESTIVALS. This RARE and NEW property is perfectly suited to PRESTIGE SEASONAL RENTAL.
INTERIOR:
2 LARGE BEDROOMS, each with PRIVATE BATHROOM
LARGE, BRIGHT LIVING ROOM with CONTEMPORARY DESIGN
EQUIPPED KITCHEN opening onto DINING ROOM
SUNNY TERRACE to enjoy the MEDITERRANEAN CLIMATE
fitted MEZZANINE
REVERSIBLE AIR CONDITIONING, INDIVIDUAL HEATING
INVESTMENT OPPORTUNITY :
estimated gross yield of 9% in 1st year
POTENTIAL ANNUAL INCOME: €130,000 thanks to events (FESTIVAL, MIPIM, etc.)
HIGH OCCUPANCY RATE and optimization potential of up to 15% with active management
SERVICES :
AIR CONDITIONING, DOUBLE GLAZING, FURNISHED, CARPORT
LOCATION :
IN THE HEART OF SUQUET, an emblematic and picturesque district of Cannes
100 METERS FROM BEACHES AND OLD PORT
WALKING distance to the PALAIS DES FESTIVALS, shops, restaurants and transport links
QUICK ACCESS to HIGHWAY, SNCF STATION and NICE AIRPORT
PRICE : 990.000 € (fees payable by seller)
AVAILABILITY : FREE
IDEAL for a discerning INVESTOR looking for a RARE, TURNKEY PRODUCT in one of the MOST DEMANDED AREAS IN CANNES.
Risks available on: [hidden information]
Information on the risks to which this property is exposed is available on the Géorisques website: https://www.georisques.gouv.fr/