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Are you looking for your dream apartment boasting comfortable volumes in a historic Art Deco palace on the Croisette in front of the sandy beaches? Don't wait to schedule your viewing! The apartment, freshly renovated with top notch finishes highlighting the art deco character of this historic pala
CANNES, French Riviera, France, 06400
REF: 780550
€2,100,000
Description
Are you looking for your dream apartment boasting comfortable volumes in a historic Art Deco palace on the Croisette in front of the sandy beaches? Don't wait to schedule your viewing! The apartment, freshly renovated with top notch finishes highlighting the art deco character of this historic palace inaugurated in 1929, will meet your expectations as "the palace to be". An ideal floor plan for this 97 m2 apartment: an entrance opening onto a beautiful double living room of approx. 40 m2, integrating the fully fitted kitchen equipped with all modern appliances, welcomes you in a cosy and bright atmosphere. 2 very comfortable sized bedrooms, each with its en-suite bathroom/toilet, a dressing area and built-in closets, a guest toilet. The decoration has been carefully considered down to the smallest detail. Thanks to a 24h/7 concierge service and the central location on La Croisette allowing you to forget about a car, it can be both the perfect main residence or a rental investment (gross annual rental income estimated at 70,000 euros) close to the Palais des Festivals, beaches, restaurants and shops. All you have to do is to collect the keys.
Are you looking for your dream apartment boasting comfortable volumes in a historic Art Deco palace on the Croisette in front of the sandy beaches? Don't wait to schedule your viewing! The apartment, freshly renovated with top notch finishes highlighting the art deco character of this historic palace inaugurated in 1929, will meet your expectations as "the palace to be". An ideal floor plan for this 97 m2 apartment: an entrance opening onto a beautiful double living room of approx. 40 m2, integrating the fully fitted kitchen equipped with all modern appliances, welcomes you in a cosy and bright atmosphere. 2 very comfortable sized bedrooms, each with its en-suite bathroom/toilet, a dressing area and built-in closets, a guest toilet. The decoration has been carefully considered down to the smallest detail. Thanks to a 24h/7 concierge service and the central location on La Croisette allowing you to forget about a car, it can be both the perfect main residence or a rental investment (gross annual rental income estimated at 70,000 euros) close to the Palais des Festivals, beaches, restaurants and shops. All you have to do is to collect the keys.
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Currency Exchange
CANNES, French Riviera, France, 06400
Interested in this property? Don't lose out to currency fluctuations changing the price you pay...
Many overseas buyers in France do not realise they can lose thousands of pounds through adverse currency exchange rate movements.
The property buying process in France takes time; it could be up to six months between seeing the property of your dreams and actually taking ownership. So how much would this €2,100,000 property cost you?
| Property Price € | Minimum cost in the last six months | Maximum cost in the last six months | Fluctuating exchange rates over the last six months could have increased the cost of this property by |
|---|---|---|---|
| €2,100,000 | £1,786,449 | £1,840,629 | £54,180 |
| Property Price € | €2,100,000 |
| Minimum cost in the last six months | £1,786,449 |
| Maximum cost in the last six months | £1,840,629 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £54,180 |
CANNES, French Riviera, France, 06400
Interested in this property? Don't lose out to currency fluctuations changing the price you pay...
Many overseas buyers in France do not realise they can lose thousands of pounds through adverse currency exchange rate movements.
The property buying process in France takes time; it could be up to six months between seeing the property of your dreams and actually taking ownership. So how much would this €2,100,000 property cost you?
| Property Price € | Minimum cost in the last six months | Maximum cost in the last six months | Fluctuating exchange rates over the last six months could have increased the cost of this property by |
|---|---|---|---|
| €2,100,000 | £1,786,449 | £1,840,629 | £54,180 |
| Property Price € | €2,100,000 |
| Minimum cost in the last six months | £1,786,449 |
| Maximum cost in the last six months | £1,840,629 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £54,180 |
The exchange rate on the day you make an offer on your property in France will not be the same as the rate you pay when you complete on your purchase, as currency markets move constantly. Any large rate movements may take it beyond your price range as the chart above illustrates the fluctuation and how much extra your property could have cost you.
The best way to avoid this significant risk is to plan your budget and currency strategy with an experienced currency specialist. They have been known to save you up to 4% compared to many high street banks, £4,000 for every £100,000, which soon adds up. They will also keep you up to date on market movements, help you set a rate in advance with a product called a Forward Contract - so you know exactly what you will pay for your property in sterling.
This is why we recommend Smart Currency Exchange Ltd. If exchange rate movements continue to be as unpredictable and as significant as they have been in the past then by not using Smart Currency Exchange Ltd your property could cost you £54,180 more.
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