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Flat 158 м² in Cannes, France

9 311 132 $

58 931 $ /м²

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Area

158 м2

Bedrooms

4

Bathrooms

4

Croisette Palm Beach: Exceptional penthouse with extraordinary terrace and views.

On the Croisette, close to the very popular Palm Beach area, which from 2024 will regain all its magnificent post-Pharaonic appearance, with luxury boutiques, restaurants etc. Magnificent penthouse on the 8th and top floor in a secured residence with 24/7 supervisor.With a total area of 160 sqm, this apartment has an exceptional 165 sqm south facing terrace with panoramic, rare views of the bay of Cannes, the islands and the hills.It consists of an entrance hall with guest toilet opening onto the living and dining room with direct access to the giant terrace, a separate fully equipped kitchen complemented by a laundry room and a pantry open to a second, more secluded terrace overlooking the hills.The sleeping area consists of the master bedroom, which consists of two rooms with balconies overlooking the sea, a dressing room and a bathroom. Two other large sleeping areas with dressing rooms and for each there are bathrooms with bath and shower, and a shower room.Two parking spaces and a basement complete this exceptional property, renovated with high quality materials.Home automation, reversible air conditioning system, warden, security system and stores are at the foot of the building.We love: the stunning views, the location, the top floor, the exceptional terraces and the move-in ready apartment! Information on the risks of this property is available on the geohazards website: www.georisques.gouv.fr.

Services and facilities

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Additional details

Property type

Residential Properties

Object type

Flat

Price

9 311 132 $

Characteristics

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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 (9 311 132 $) 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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