Type: City Apartment Year Built: 0 Status: For sale Price for sale (euro): 450,000 SQ (m2): 0 Bedrooms: ----- Bathrooms: WCs: 0 Weekly Letting Price (euro): Contact Tel: Contact email: click here Town: Cannes Region: Riviera-Provence Post Code: Features: Water connected Electricity connected Telephone Swimming Pool Cable TV Parking Waterfront La Croisette in Cannes is arguably one of the most exclusive and sought after real estate locations in the world. Le Brougham is situated in the highly desirable Le Suquet (old town) on the western edge of La Croisette in Cannes. It is just one street back from Vieux Port, one of the citys most exclusive marinas which is dominated by the unmistakable and impressive visage of Film Festival Palace. Such a location means instant access to all of the finery that has become synonymous with Cannes - exquisite restaurants, ambient French cafés, fashionable wine bars and some of the finest shops and designer boutiques one could wish for. Le Brougham is quintessential Cannes living at its best, ideally situated to allow occupants to savour the very best of the Rivieras most prestigious city. Each apartment at le Brougham will include:- - Fully equipped and furnished luxury kitchens - Fully equipped and furnished bathroom suites - Tiled floors in the living rooms and bedrooms - Glazed wall tiles and stoneware in the bathrooms - Reversible air conditioning - Double glazing - Multi-lock entry doors and micro viewfinders - Video entry phones - Phonic sound insulation for lift shafts - Communal areas also styled and decorated by architect The development will consist of just thirty four apartments with one, two and three bedroom layouts on offer. Prices will range between €450,000 - €900,000. Mortgages of up to 90% LTV are available on this property. This is an extremely rare opportunity bound to excite both the discerning lifestyle buyer and the wealthy investor. As a ‘Résidence secondaire’ there can be few such desirable propositions as Le Brougham, especially for those with a passion for the annual Cannes Film Festival. For investment meanwhile the deluge of wealthy and sophisticated visitors to Cannes provide a readily available rental market to tap into, bolstered by the regular festivals held each year. Please see below for more on investment potential. For the sophisticated investor Cannes represents a high end investment opportunity unlike any other in France. There is massive demand from both the holiday and residential lettings markets for well located apartments in the city. Holiday lets meanwhile are further bolstered by the numerous annual festivals which take place each year in Cannes during which wealthy visitors flock to the city, all in need of somewhere to stay. It is true that during these weeks of the year the rental market becomes distorted by the sudden surge in demand and this drives rental prices during these weeks for well located properties to dizzy heights - ideal for pushing up rental incomes. Le Brougham in particular is perfectly located to benefit from this market being so very close to Film Festival Palace. Also being one of the Riviera’s most sought after locations underpinned by a thriving economy capital growth in Cannes has been strong and sustained over the last seven years seeing double digit increases most years. This shows little sign of abating and buyers can expect to see excellent capital uplift on their investment in years to come. Send to a Friend:  Send to a Friend-Click Here