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Flat 99.04 м² in Cannes, France

2 976 714 $

30 055 $ /м²

4OUoO
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Area

99.04 м2

Bedrooms

3

Penthouse overlooking the Palais de Festival with sea views

-Ideally located in the heart of the city, opposite the Palais de Festival in a remarkable mansion, this magnificent penthouse of 99 sqm (Carré's Law) with sea views is oriented north and south and has the following layout: an entrance hall leading to a spacious and bright 48 sqm living room with open kitchen and three en-suite bedrooms.The 15-meter terrace with beautiful harbor views and a south facing location providing natural light all day long is one of the main advantages. The apartment is ideally located close to the Forville market and the Palais de Festival, allowing access to stores, restaurants and the beach on foot.Information on possible risks for this property is available on the Géorisques website: georisques.gouv.fr.

Additional details

Property type

Residential Properties

Object type

Flat

Price

2 976 714 $

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 (2 976 714 $) 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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