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Discover this corner apartment, close to the Croisette (just a 4-minute walk), in a quiet area, rare 173 m², offering five spacious rooms, including three bedrooms and two bathrooms. This property requires renovation but promises exceptional potential. The interior exudes a warm and bright atmosphere, accentuated by stone tile flooring. The integrated kitchen and two guest toilets add to the functionality of the place. An elevator serves the apartment, the only one on the landing. Enjoy a large 35 m² south-west facing terrace. Security is enhanced by a triple-lock security door, ensuring complete peace of mind. Two combined cellars and a large underground parking space of 18 m² complete this property. Energy performance diagnostic: 158 – D Greenhouse gas emissions: 33 - D Estimated annual energy costs for housing: 2298-3110 euros. Co-ownership of 83 lots, average annual charges for the lots of 9298 euros. Ongoing procedure: none. Transaction fees of 6% including VAT payable by the buyer. Net seller price: 1,273,584 euros. Information on the risks to which this property is exposed is available on the Géorisques website: www.georisques.gouv.fr The luxury real estate market on the French Riviera is one of the most attractive in the Mediterranean region. Vacation homes and secondary residences on the French Riviera not only offer an incomparable style and quality of life but also represent, given the international economic situation, a safe investment and a smart retirement project, especially at premium addresses. Nestled in the heart of Cannes, Avenue de Madrid provides an exceptional living environment, perfect for an affluent clientele seeking refinement and exclusivity. This prestigious address is ideally located, just a 10-minute drive from the Palais des Festivals, where glamour and luxury meet. The neighborhood is well-served by public transportation, making access to luxury boutiques, starred restaurants, and private beaches, which the city is renowned for, easy. Culture enthusiasts will appreciate the proximity to the Palais des Festivals, a 15-minute walk away, where the famous Cannes Film Festival takes place. For golf enthusiasts, the Cannes-Mougins Golf Country Club is a 20-minute drive away, offering a lush setting to relax. Nature lovers can explore the Estérel Natural Park, a 30-minute drive away, for spectacular hikes. This unique place embodies the very essence of the French Riviera, combining elegance, comfort, and an incomparable art of living.
Ad reference W-046SUJ
Energy efficiency rating
D
Greenhouse gas emission index
D
The owner has not provided the exact address of the property. The location indicated is only approximate.
About the price
1 350 000 €
Fees including VAT borne by the buyer: 6% of the price of the property excluding fees
Price of the property excluding fees : 1 273 584 €
About the co-ownership
The co-ownership comprises 83 units for an annual total share in the provisional budget for maintenance fees of 9,298 €
Geohazards
Information on the risks to which this is exposed is available on the Géorisques website https://www.georisques.gouv.fr
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13 rue des Etats-Unis
06400 Cannes
Agency legal info
Engel & Völkers Côte d'Azur, with a share capital of 24,258,909 €
Professional license n° 75012015000002592 delivered by PARIS ILE DE FRANCE
Head Office : 24 BIS RUE DE BERRI 75008 PARIS
Financial guarantee CEGC for a total of 110,000 €
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