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Located in the heart of Cannes, opposite the prestigious Palais des Festivals and its numerous international events, this apartment offers an exceptional living environment
CANNES, French Riviera, France, 06400
REF: 960728
€1,790,000
Description
Located in the heart of Cannes, opposite the prestigious Palais des Festivals and its numerous international events, this apartment offers an exceptional living environment. Just steps from private beaches, luxury boutiques, and the best restaurants on the Croisette, it boasts a prime location. Ideal for vacation stays or extended stays during festivals and conferences, this property represents a rare opportunity with excellent rental profitability. This superb 55 m2 one-bedroom apartment, on a high floor, has been completely renovated with high-quality materials. Its bright living room with a modern open-plan kitchen opens onto a beautiful terrace offering breathtaking sea views. The sleeping area consists of an elegant bedroom with an en-suite bathroom and a dressing room, as well as an office space enjoying a peaceful view. Underground parking completes this exceptional property. An opportunity not to be missed!
Located in the heart of Cannes, opposite the prestigious Palais des Festivals and its numerous international events, this apartment offers an exceptional living environment. Just steps from private beaches, luxury boutiques, and the best restaurants on the Croisette, it boasts a prime location. Ideal for vacation stays or extended stays during festivals and conferences, this property represents a rare opportunity with excellent rental profitability. This superb 55 m2 one-bedroom apartment, on a high floor, has been completely renovated with high-quality materials. Its bright living room with a modern open-plan kitchen opens onto a beautiful terrace offering breathtaking sea views. The sleeping area consists of an elegant bedroom with an en-suite bathroom and a dressing room, as well as an office space enjoying a peaceful view. Underground parking completes this exceptional property. An opportunity not to be missed!
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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 €1,790,000 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 |
|---|---|---|---|
| €1,790,000 | £1,474,781 | £1,553,881 | £79,100 |
| Property Price € | €1,790,000 |
| Minimum cost in the last six months | £1,474,781 |
| Maximum cost in the last six months | £1,553,881 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £79,100 |
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 €1,790,000 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 |
|---|---|---|---|
| €1,790,000 | £1,474,781 | £1,553,881 | £79,100 |
| Property Price € | €1,790,000 |
| Minimum cost in the last six months | £1,474,781 |
| Maximum cost in the last six months | £1,553,881 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £79,100 |
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 £79,100 more.
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