This property has been removed by the agent. It may now have been sold or temporarily taken off the market.
We have the delight to offer these 4 independent newly renovated studios for sale in the same building. Its an ideal rental investment opportunity in the center of Cannes. They are ideally located in the busy busy Banane area, near the main bars and restaurants. The boutiques of the rue d’antibes are around the corner and the palais des Festival and the beach are just a few minutes walk. There are two studios on each floor (first and second floors accessed by stairs) Each self contained studio has a theme and has an independent entrance, they all all equipped with air conditioning, new double glazing windows, and new floors and bathrooms. There is a coded system at the entrance to the building and all the doors to the studios have an added coded entrance system which allows for complete autonomy for your clients. They aim is to achieve 18-20k for each flat per annum, which is attainable. the costs are low, during the festivals, the income is high and for short periods. The studios are virtually always the cheapest in the market and so they sell quickly. You have to imagine an income x 4 - for example during the Mipim they rent at 500 euros a day for 4 days - thats 2000 x 4 = 8k ! it soon adds up The studios are easy to clean and there are private cupboards to store linen. available for visits, if a rental investement is what you are looking for, please do not hesitate to contact us.
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