Apartment located in the hyper center, 200m from the Palais des Festivals that can generate high rental profitability

CANNES, French Riviera, France, 06400

For Sale

€2,247,000

REF: 693135 €2,247,000


3

1


238 m2

Description

Apartment located in the hyper center, 200m from the Palais des Festivals that can generate high rental profitability. Light and bright, it is a 240m2 plateau divided into 3 fully renovated apartments, offering very nice amenities, 3 bedrooms, bathroom and an ideal layout for rental or possibly offices. Bourgeois building with elevator. An interesting investors opportunity in an ideal spot on the French Riviera. Contact us today to find out more.
Apartment located in the hyper center, 200m from the Palais des Festivals that can generate high rental profitability. Light and bright, it is a 240m2 plateau divided into 3 fully renovated apartments, offering very nice amenities, 3 bedrooms, bathroom and an ideal layout for rental or possibly offices. Bourgeois building with elevator. An interesting investors opportunity in an ideal spot on the French Riviera. Contact us today to find out more.
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Property on Map

#HH-14981432

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 €2,247,000 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
€2,247,000 £1,851,303 £1,931,184 £79,881
Property Price € €2,247,000
Minimum cost in the last six months £1,851,303
Maximum cost in the last six months £1,931,184
Fluctuating exchange rates over the last six months could have increased the cost of this property by £79,881

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 €2,247,000 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
€2,247,000 £1,851,303 £1,931,184 £79,881
Property Price € €2,247,000
Minimum cost in the last six months £1,851,303
Maximum cost in the last six months £1,931,184
Fluctuating exchange rates over the last six months could have increased the cost of this property by £79,881

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 £79,881 more.

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