A Residential Building in Cannes with 10 Apartments

Reference6854

€3,700,000

• 400 m²
• 901 m²

RARE-Exceptional residence, entire building of 400 square meters with terraces, basement with 12 parking spaces and 9 storage units on a completely renovated 900 square meter plot of land, offering a rental yield of over 7% in short-term rentals, turnkey and fully furnished, optimized for self-catering rental.

This exceptionally renovated residence, located in the prestigious Oxford neighborhood in Cannes, offers a unique opportunity for investors seeking a profitable turnkey investment.

Key highlights of the property:

- Superior renovation: The building has recently undergone a complete renovation with high-end materials, ensuring an exceptional level of finishing. This attention to detail adds a touch of luxury to each apartment.

- High profitability: Thanks to its prime location and high demand for short-term rentals in Cannes, this building currently generates a yield of over 10% in rental income. It is ideally configured to take advantage of the thriving seasonal rental market.

- Turnkey and fully furnished: This property is sold turnkey, meaning you can simply move in and start generating income immediately. All apartments are fully furnished with high-quality pieces, offering superior comfort and elegance.

- Optimized for rental: This building has been specifically designed for rental purposes, with all necessary infrastructure and logistics in place. You will benefit from autonomous rental management, maximizing your income and return on investment.

- Neighborhood: Located in the residential Oxford neighborhood, right in the center of Cannes, you can enjoy both tranquility and proximity to amenities. Moreover, you are only a hundred meters away from the prestigious private school Lochabair and the private Oxford clinic. Additionally, you can walk to the Croisette, which is less than a kilometer away from the residence.

Do not miss this unique opportunity to invest in a renovated, turnkey, fully furnished, and rental-optimized building in the prestigious Oxford neighborhood in Cannes.

**Note:** The yield and occupancy figures are based on current data and may vary.

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