1 bedroom apartment 27 m² Cannes, France

Cannes, France, Grasse

$114,350

$4,235/m²

1 bedroom apartment 27 m² Cannes, France

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ID: 3470026

In CRM: 196126

ID of the ad on the website or in the company’s CRM

Last update: 17/06/2025

Location

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Country

France
State

Metropolitan France
Region

Maritime Alps
City

Grasse
Town

Cannes

Property characteristics

Apartment parameters

Price per m²

$4,235/m²
Bedrooms

1
Bathrooms

1
Total area

27 m²

Description

Sale of 2-bedroom apartment 27 m2 with terrace and parking

Cannes la Bocca, Place du Marché

Area: 27 m2
Terrace with room for a table (for 4-6 people)
Living room with access to the terrace
Bedroom with double bed and terrace
Bathroom with bathroom
Separate toilet
Dedicated parking space in the underground parking lot

Location.
The apartment is located in the center of Cannes la Bocca, next to the Place du Marché, just 2 minutes from the sea.

Within walking distance:
Market
Supermarkets.
Restaurants and cafes
Station and buses

About the residence
✔ Tourist residential complex
✔ pool
✔ Access control (Vigik keys)
✔ Around-the-clock security and video surveillance
✔ Concierge

Revenue potential
Previously, the apartment was rented under a mixed scheme:
Student rental (1 September – 30 June): 800 €/month
Summer rental (1 July – 31 August): 1000 €/week

Annual income under this scheme - about 15 000 euros
Cost: 99 000 EUR + 5% commission
Profitability – about 15% (before taxes)

Expenses
Utilities: ~220 EUR/month, including:
Maintenance of common areas
Cold/hot water
Heating/air conditioning
Pool care
Work of the management company
Security.

Property tax (2024): 800 euros

Major repairs
Reconstruction work is already underway in the house, new projects with an approved budget are planned.

Address: 11 avenue Pierre Semard, Cannes la Bocca

Location on the map

Cannes, France, Grasse

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