12-apartment building in Le Suquet, Cannes

Prime Investment Opportunity in Cannes – Le Suquet Situated in the historic and authentic Suquet district, just a few minutes' walk from the Vieux Port and the Palais des Festivals, this unique 380 m2 property combines two buildings into one, presenting an exceptional investment opportunity in the heart of Cannes. Key Investment Highlights: - High Rental Potential: 12 apartments, ideal for seasonal rentals in Cannes’ thriving tourism market. - Prime Location: Steps from Cannes’ beaches, restaurants, and the iconic Croisette, ensuring strong demand year-round. - Value-Add Opportunity: Renovated around ten years ago, the property offers potential for restoration and optimization to increase returns and valuation. Property Breakdown: - Ground Floor: Entrance - 1st Floor: 5 apartments (2 studios + 3 one-bedroom apartments) - 2nd Floor: 6 apartments (2 studios + 4 one-bedroom apartments) - 3rd Floor: 1 one-bedroom apartment + mezzanine, plus storage space (not included in living area) A rare find in Cannes, this investment property offers immediate income potential with the opportunity to enhance value through renovations. Contact us today for more details on this exclusive opportunity!