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Discover this corner apartment near La Croisette (only a 4-minute walk away), in a quiet setting, a rare 173 m² property offering five spacious rooms, including three bedrooms and two bathrooms. <BR><BR>This property requires renovation but promises exceptional potential. The interior offers a warm, bright atmosphere, enhanced by stone tile flooring. The fitted kitchen and two guest toilets add to the practicality of the home. <BR><BR>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. <BR><BR>Two combined cellars and a large 18 m² underground parking space complete this property.<BR><BR>Energy performance diagnosis: 158 – D<BR><BR>Greenhouse gas emissions: 33 - D<BR><BR>Estimated annual energy costs for the dwelling: 2,298–3,110 euros.<BR><BR>Condominium of 83 lots, average annual charges for the lots: 9,298 euros. <BR><BR>Ongoing proceedings: no.<BR><BR>Transaction fees 6% incl. VAT payable by the buyer. Net seller price: 1,207,547 euros.<BR><BR>Information on the risks to which this property is exposed is available on the Géorisques website: www.georisques.gouv.fr<BR>The luxury real estate market on the French Riviera is one of the most attractive in the Mediterranean region. <BR><BR>Holiday homes and second residences on the French Riviera offer not only an incomparable lifestyle and quality of life, but also—given the international economic situation—a safe investment and a smart retirement plan, especially at premium addresses.<BR><BR>Nestled in the heart of Cannes, Avenue de Madrid offers 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 area is well served by public transport, making it easy to reach the luxury boutiques, Michelin-starred restaurants, and private beaches that have made the city famous. Culture lovers will appreciate the proximity of the Palais des Festivals, a 15-minute walk away, where the renowned Cannes Film Festival takes place. For golf enthusiasts, the Cannes-Mougins Golf Country Club is a 20-minute drive away, offering a green setting in which to unwind. 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 agency has not provided the exact address.
About the price
1 280 000 €
Fees including VAT borne by the buyer: 6% of the price of the property excluding fees
Price of the property excluding fees : 1 207 547 €
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 Cannes, with a share capital of 24,258,909 €
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