Flat 33 м² in Cannes, France

431 716 $

13 082 $ /м²

4OUli

Flat 33m² in France, Cannes. Priced at 319766£ rent photo- #1

Flat 33m² in France, Cannes. Priced at 319766£ rent photo- #2

Flat 33m² in France, Cannes. Priced at 319766£ rent photo- #3

Flat 33m² in France, Cannes. Priced at 319766£ rent photo- #4

Flat 33m² in France, Cannes. Priced at 319766£ rent photo- #5

Flat 33m² in France, Cannes. Priced at 319766£ rent photo- #6

Area

33 м²

Bedrooms

Banana Cannes Big Studio - Next to MONDREAN'.

DOWNTOWN - INTERESTING? FUNNY IN A GOOD WAY? TAT. - ideal investment property (4.93% gross yield). For sale: in close proximity to the Croisette, we present to your attention a beautiful and spacious studio apartment of 32,65 square meters on Carré. The east oriented apartment is located on the third floor of a four-story 1920's building with elevator. The condominium consists of 45 units. Entrance is provided by digicode and intercom. In the apartment: LARGE LIVING ROOM with equipped kitchen and bathroom with toilet. The apartment is equipped with individual heating and reversible air conditioning unit. It is in very good general condition. Double glazing and blinds are installed. The apartment is located two minutes from schools, there is a bus stop nearby and for easy access to the A8 highway up to 4 km. For recreation there are six cinemas and the seaport within walking distance. There are also many restaurants, stores, bakeries, supermarkets, minimarkets and three post offices in the neighborhood. Finally, 3 markets are active in the area. The apartment has an energy class C, which corresponds to an energy consumption of 147 kWh/m2/year. As for the climate class, it is rated as A, indicating a very low greenhouse gas emission (4 kg CO2/m²/year). The estimated annual energy costs for standard use are estimated at 511 euros. The apartment is sold for the sum of 370,000 euros. The agency commission is borne by the seller... Information on the hazards to which this property is exposed is available on the Georiska website (www.georisques.gouv.fr)... Offered by your real estate agency Orpi.

Additional details

Property type

Residential Properties

Object type

Flat

Price

431 716 $

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 (431 716 $) 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).