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Located in Cannes on a 1496 m2 plot, this spacious 241 m2 house benefits from exceptional brightness due to its favorable exposure
CANNES, French Riviera, France, 06400
REF: 781651
€1,330,000
Description
Located in Cannes on a 1496 m2 plot, this spacious 241 m2 house benefits from exceptional brightness due to its favorable exposure. Ideally situated near major roads, Carnot high school, and shops, the property currently divided into two apartments offers considerable renovation potential. On the ground floor, the first apartment includes a living room, a lounge, a kitchen, two bedrooms, an office, a bathroom, and a toilet. On the first floor, the second apartment offers a living room, a lounge, a separate kitchen, three bedrooms, two bathrooms, and a toilet. Furthermore, a large 70m2 attic is convertible, providing possibilities for expansion. The property's basement includes a laundry room, a workshop, machinery, a studio, and a large open shed. The property is also equipped with three entrances for independent cars and has five closed garages, each measuring 12m2. This property not only offers generous space for everyday living but also interesting development potential, whether for a large family, investors, or if you are looking to create a custom-made home.
Located in Cannes on a 1496 m2 plot, this spacious 241 m2 house benefits from exceptional brightness due to its favorable exposure. Ideally situated near major roads, Carnot high school, and shops, the property currently divided into two apartments offers considerable renovation potential. On the ground floor, the first apartment includes a living room, a lounge, a kitchen, two bedrooms, an office, a bathroom, and a toilet. On the first floor, the second apartment offers a living room, a lounge, a separate kitchen, three bedrooms, two bathrooms, and a toilet. Furthermore, a large 70m2 attic is convertible, providing possibilities for expansion. The property's basement includes a laundry room, a workshop, machinery, a studio, and a large open shed. The property is also equipped with three entrances for independent cars and has five closed garages, each measuring 12m2. This property not only offers generous space for everyday living but also interesting development potential, whether for a large family, investors, or if you are looking to create a custom-made home.
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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 €1,330,000 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 |
|---|---|---|---|
| €1,330,000 | £1,131,418 | £1,164,322 | £32,904 |
| Property Price € | €1,330,000 |
| Minimum cost in the last six months | £1,131,418 |
| Maximum cost in the last six months | £1,164,322 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £32,904 |
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 €1,330,000 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 |
|---|---|---|---|
| €1,330,000 | £1,131,418 | £1,164,322 | £32,904 |
| Property Price € | €1,330,000 |
| Minimum cost in the last six months | £1,131,418 |
| Maximum cost in the last six months | £1,164,322 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £32,904 |
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 £32,904 more.
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