Cannes

Advertisement propertie for sale 690 000 €

690 000 €

Ideally located just steps from Cannes city center and all amenities, this compact mixed-use building presents a rare opportunity for a high-yield rental investment on the French Riviera.
Spread over two levels, the property comprises a ground-floor unit currently fitted out as a studio with kitchenette, shower, and toilet, and three additional studios upstairs, each fully self-contained. Every unit is equipped with its own kitchenette, reversible air conditioning, water heater, electric panel, and individual sub-meters for water and electricity—ensuring simple and efficient rental management.
A shared laundry area on the ground floor includes a washing machine and dryer for tenant use.
The current setup allows for immediate operation as furnished or seasonal rentals, with an estimated gross annual income ranging from €55,000 to €80,000 depending on occupancy and rental strategy.
A practical and profitable investment in a high-demand rental area.
Energy rating: B (104 kWh/sqm/year) – GHG: A (3 kg CO2/sqm/year).
Estimated annual energy costs: between €644 and €872 (based on average energy prices from 2021 to 2023, including subscriptions).
This property emits 221 kg of CO2 per year, equivalent to approximately 1,143 km driven by car.
Property not subject to co-ownership status. Show phone number