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IDEAL INVESTMENT and pied-a-terre in the newly redeveloped heart of Cannes La Bocca and its lovely shopping area, minutes to Cannes Centre
Cannes, Alpes-Maritimes, France
REF: 799205
€294,000
Description
IDEAL INVESTMENT and pied-a-terre in the newly redeveloped heart of Cannes La Bocca and its lovely shopping area, minutes to Cannes Centre. Vast 1 Bedroom 1 Bathroom apartment available on the 3rd floor with balcony and with views over the mountains and town. WALKING distance to the BEACH and all amenities. Parking included. Low French stamp duty. Provisional delivery at the end of 2024. OVERVIEW Residential block of apartments over 7 floors. Some sea views on the top floor. 21 apartments in total including, studio to 3 bedrooms. Parking available. This is an ideal location for an ideal investment in one of the most desirable towns on the Cote d'Azur. APARTMENTS 1 Bedroom apartments vary between 245 000 euros and 299 000 euros over 7 floors, 47sqm to 49sqm with external space. FEATURES Open plan kitchen dining area Electric blinds in the reception room Choice of floor tiles Fitted bathrooms Videophone Armoured doors Gated and secure Underground car park LOCATION Avenue Francis Toner All amenities and the beach on foot Cannes centre within 10 minutes by car Nice airport within 45 minutes Reduced Notaire fees Provisional delivery: Q4 2024
IDEAL INVESTMENT and pied-a-terre in the newly redeveloped heart of Cannes La Bocca and its lovely shopping area, minutes to Cannes Centre. Vast 1 Bedroom 1 Bathroom apartment available on the 3rd floor with balcony and with views over the mountains and town. WALKING distance to the BEACH and all amenities. Parking included. Low French stamp duty. Provisional delivery at the end of 2024. OVERVIEW Residential block of apartments over 7 floors. Some sea views on the top floor. 21 apartments in total including, studio to 3 bedrooms. Parking available. This is an ideal location for an ideal investment in one of the most desirable towns on the Cote d'Azur. APARTMENTS 1 Bedroom apartments vary between 245 000 euros and 299 000 euros over 7 floors, 47sqm to 49sqm with external space. FEATURES Open plan kitchen dining area Electric blinds in the reception room Choice of floor tiles Fitted bathrooms Videophone Armoured doors Gated and secure Underground car park LOCATION Avenue Francis Toner All amenities and the beach on foot Cannes centre within 10 minutes by car Nice airport within 45 minutes Reduced Notaire fees Provisional delivery: Q4 2024
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Currency Exchange
Cannes, Alpes-Maritimes, France
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 €294,000 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 |
|---|---|---|---|
| €294,000 | £250,103 | £257,688 | £7,585 |
| Property Price € | €294,000 |
| Minimum cost in the last six months | £250,103 |
| Maximum cost in the last six months | £257,688 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £7,585 |
Cannes, Alpes-Maritimes, France
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 €294,000 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 |
|---|---|---|---|
| €294,000 | £250,103 | £257,688 | £7,585 |
| Property Price € | €294,000 |
| Minimum cost in the last six months | £250,103 |
| Maximum cost in the last six months | £257,688 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £7,585 |
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 £7,585 more.
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