Apartment for Sale in Cannes, France
$ 392,700 EUR 349,000 - Price in original currency
Property Description
CANNES - STUDIO
Charming studio with a living area of approximately 20 sqm, with a pleasant terrace of about 6 sqm, ideally facing due south.
From this privileged setting, the view extends over the Mediterranean offering an unobstructed and particularly bright panorama.
Property Features
- Air-conditioning
- Alarm system
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Property Location
A charming south‑facing studio in Cannes offering a bright Mediterranean panorama and a private 6 sqm terrace, priced at USD 397,494. At 20 sqm of living space, it presents a compact yet premium holiday‑home opportunity in a world‑renowned resort.
ROI potential: Strong short‑term rental demand driven by Cannes Film Festival and year‑round tourism can deliver solid cash flow, while the prestige location supports steady capital appreciation for affluent investors.
Market outlook: Cannes continues to see limited new supply and resilient demand in the luxury segment, keeping price growth modest but positive over the medium term.
- South‑facing terrace with unobstructed sea view
- Prime location in Cannes, a globally recognized resort city
- Compact studio ideal for high‑occupancy short‑term rentals
- Purchase price under USD 400k for a premium beachfront market
- Potential to capitalize on peak demand during Cannes Film Festival
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