Building for sale
Address on request, 06400, Cannes (Republique), France
€298,000
€298,000
Building for sale
Address on request, 06400, Cannes (Republique), France
Property details
110 m² of surface
Sold vacant
availability
Description
EXCLUSIVE – INVESTMENT BUILDING IN Cannes
Ideally located just 850 meters from the famous rue d’Antibes, this building offers a strategic position in the heart of a sought-after area, in immediate proximity to the city center, shops, beaches, and main roads. A dynamic environment, highly prized both for primary residence and rental investment.
The building consists of:
On the ground floor: a commercial space of 53 m² including a main room, a shower room, and a storage area. Currently rented, guaranteeing immediate income.
Upstairs: a 3-room duplex apartment of 56 m² with independent access. It includes an entrance, a living-dining room, a first bedroom, an independent kitchen with balcony access, a shower room with WC, as well as a second mezzanine bedroom opening onto two large terraces.
A cellar completes the property.
Major asset: possibility to add two additional floors according to the PLU, offering exceptional value potential and a rare opportunity to optimize the yield.
Work already completed: façades, roof, terraces, windows, electrical panel, boiler – a secure investment.
Current gross yield: 6%, with significant potential for increase after optimization or development.
Rare product in the area, ideal for investors looking for an income-generating asset with yield and value appreciation potential.
(Description reviewed and translated by AI)
MLS No. FR6591272
MLS Shared Listing
Comfort and amenities
Standing
Standard
Condition
To renovate
Heating energy
Town gas
Heating type
Radiator
Hot water
Gas
Carpentry
PVC
Glazing
Double glazing
Shutters
Openings
Financial details
Price details (fees included)
€298,000
Property taxes
€1,400/year
Energy performance diagnostics
Not specified