Cannes Suquet – Investment Property With Optimization Potential
1,891 Sqft
Updated: August 7
1
Views for last 30 days
About the Property
Located in the heart of Le Suquet, Cannes’ most iconic historic district, just steps away from the Palais des Festivals and the Croisette, this character building represents a rare investment opportunity in one of the city’s most sought-after areas. The property is spread over several levels and consists of seven already divided apartments, with a total Loi Carrez surface of approximately 175
Located in the heart of Le Suquet, Cannes’ most iconic historic district, just steps away from the Palais des Festivals and the Croisette, this character building represents a rare investment opportunity in one of the city’s most sought-after areas. The property is spread over several levels and consists of seven already divided apartments, with a total Loi Carrez surface of approximately 175 sqm. This setup provides an excellent foundation for immediate rental income, while offering significant potential for value enhancement. Its prime central location, in the vibrant core of Cannes, ensures strong rental demand throughout the year, with even higher attractiveness during major international events and congresses. Some units are currently rented, generating existing income, while others present clear opportunities for repositioning and optimization, allowing for a substantial increase in rental performance. Combining the charm of historic architecture with an already structured layout, this property is a solid base for a dynamic investment project focused on value creation. An ideal opportunity for investors looking to acquire a property in central Cannes with strong upside potential.
Property subject to co-ownership regulations
Agency fees payable by the seller
Energy performance diagnostics available for each unit
Information on the risks to which this property is exposed is available on the Géorisques website: [hidden information] Information on the risks to which this property is exposed is available on the Géorisques website: https://www.georisques.gouv.fr/
Cannes occupies a specific position on the Côte d’Azur that no other city on the French Riviera quite replicates. Its identity is built around the Croisette, the Palais des Festivals, and the hillside quarter of Le Suquet, the oldest part of the city, where medieval streets climb above the Vieux-Port. This is a city that operates at an international level year-round, drawing a permanent population of discerning residents alongside the global audience that arrives for the film festival, MIPIM, and the Lions.
Daily life in Cannes centres on the Marché Forville, open every morning near Le Suquet, and the restaurants along the Vieux-Port quays. La Palme d’Or at the Martinez and La Môme at the Grand Hyatt represent the top of the dining register. The Rue Meynadier serves as the main pedestrian shopping street for everyday needs.
Cannes-Mandelieu airport handles private and charter traffic and sits approximately ten minutes by car from the city centre. Nice Côte d’Azur International Airport, the primary hub for the region, is roughly 30 kilometres east, accessible in under 30 minutes by road or via the TER regional train from Cannes station. From Cannes station, TGV connections reach Paris in approximately five and a half hours, with Marseille accessible in around one hour and fifteen minutes.