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Flat 116 м² in Cannes, France

1 467 506 $

12 650 $ /м²

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Area

116 м2

Bedrooms

4

Cannes Banana 150 sqm apartment with terrace

Cannes Banana - 5 rooms of about 116 square meters, on the second floor of a bourgeois three-storey building, in the heart of Cannes life, close to the beaches and the Palazzo des Festivals. Completely renovated with luxury materials, it consists of two bedrooms with living room and equipped American kitchen, 4 bedrooms with shower and toilet, and a patio terrace of about 35 sqm. In addition, each room has reversible air conditioning, high quality double-glazed windows. The complex is complemented by a basement. Agency fees are paid by the seller. See our rates on Immobilier Email. Announcement published on 17/10/2023 by Giorgio Priveato 0652929738, RSAC 797814514 - autonomous commercial agent IMMOBILIER EMAIL SAS - EI, Commercial Court of Cannes'."

Additional details

Property type

Residential Properties

Object type

Flat

Price

1 467 506 $

FAQ

In France a residence permit is typically issued based on a minimum investment threshold. Applications are reviewed within 30–60 days in Cannes; you will need a passport, proof of funds, and the ownership documents. Hatamatata helps prepare and submit the paperwork.
Banks in France finance 50–70% of the property value for non-residents with rates of 3–5% for 20–30 years. A life insurance policy and a 30–40% down payment are usually required. Terms and programs vary by city and bank.
Expected expenses: transfer tax 0–15%, registration 0.5–2%, notary 0.5–1.5%, agent commission 0–3%. In total 2–20% on top of the purchase price. Exact rates depend on region, property type and programs.
A title search at the land registry of France takes 10–15 business days. You receive ownership, encumbrance and tax clearance certificates. Documents are translated and reviewed by a lawyer before signing.
Yes. Rental income tax is 5–25% depending on the regime. In Cannes short-term tourist rentals typically yield 5–8% per year. Municipal permission and income registration are usually required.
Yes. An inspection costs about 0.5–1% of the price (1 467 506 $) and covers structure, utilities and legal status. Hatamatata arranges a qualified engineer with an EN/RU report.
A typical transaction runs 30–90 days, averaging 45 in Cannes: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).

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