This 2nd floor flat is situated in a traditional building in the center of Cannes, only 2 minutes from the train station, and offers east/west exposure with a comfortable living room, drawing room, spacious bedrooms, abundant closetThis 2nd floor flat is situated in a traditional building in the center of Cannes, only 2 minutes from the train station, and offers east/west exposure with a comfortable living room, drawing room, spacious bedrooms, abundant closet space, two full bathrooms, a large kitchen, and charming balcony. Enviously situated on one of the most famous promenades in the world, for three kilometers following the curve of the bay one can see flowering gardens, lawns planted with palm trees, umbrella pines and other trees all thee way to Port Canto, Palm Beach and a sea water health spa. Pedestrians wind their way back to the center by taking the renowned rue d'Antibes. This buy to let residential investment offers a solid rental return of 4% and more during high peak seasons, such as the Cannes festival and MIPIM. Perfect for personal use or as an investment buy to let acquisition, the owner of this flat with be pleased with the low annual land tax of 600 euros and co-ownership charges of only 50 euros per month, making this an interesting investment opportunity. Key selling points and investment justifications. High capital appreciation in 2006: +12% High level of security in the apartment and the building Elegant apartment in traditional building Close to beaches and waking distance from the "Palais des festivals" Very well priced for this very central location Saint Nicolas
France, Mediterranean Coast, Cannes

Three Bedrooms 110m2 to 110m2 - 372000 to 372000 euros
CLASSIC PROPERTY
EXPECTED RENTAL INCOME UP TO 4.0%