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Rare opportunity a stone's throw from the sea
CANNES, French Riviera, France, 06400
REF: 910738
€3,850,000
Description
Rare opportunity a stone's throw from the sea.... Located in a peaceful and green environment in a prestigious neighborhood close to the center of Cannes, this property with a total surface area of 435m2 invites you to create the home of your dreams. Enjoy absolute peace and quiet, lulled by birdsong and free from noise pollution, while benefiting from an beautiful view of the sea and the Lerins islands. This house to renovate with exceptional potential benefits from 2600 m2 of land, with its garden planted with trees, ideal for relaxing outdoors. At present, the house needs renovations and is spread over 3 levels, with 6 bedrooms and an independent apartment, a swimming pool and 2 large garages (90m2 in total). The lower part of the plot is constructible, offering the possibility of adding an 80 m2 house over 2 floors (160 m2 in total). Turn this property into a real jewel, like those sold in this sought-after neighborhood. Two separate entrance gates for easy access. Don't miss this unique opportunity, contact us to arrange a viewing and discover the potential of this exceptional home.
Rare opportunity a stone's throw from the sea.... Located in a peaceful and green environment in a prestigious neighborhood close to the center of Cannes, this property with a total surface area of 435m2 invites you to create the home of your dreams. Enjoy absolute peace and quiet, lulled by birdsong and free from noise pollution, while benefiting from an beautiful view of the sea and the Lerins islands. This house to renovate with exceptional potential benefits from 2600 m2 of land, with its garden planted with trees, ideal for relaxing outdoors. At present, the house needs renovations and is spread over 3 levels, with 6 bedrooms and an independent apartment, a swimming pool and 2 large garages (90m2 in total). The lower part of the plot is constructible, offering the possibility of adding an 80 m2 house over 2 floors (160 m2 in total). Turn this property into a real jewel, like those sold in this sought-after neighborhood. Two separate entrance gates for easy access. Don't miss this unique opportunity, contact us to arrange a viewing and discover the potential of this exceptional 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 €3,850,000 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 |
|---|---|---|---|
| €3,850,000 | £3,188,994 | £3,308,883 | £119,889 |
| Property Price € | €3,850,000 |
| Minimum cost in the last six months | £3,188,994 |
| Maximum cost in the last six months | £3,308,883 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £119,889 |
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 €3,850,000 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 |
|---|---|---|---|
| €3,850,000 | £3,188,994 | £3,308,883 | £119,889 |
| Property Price € | €3,850,000 |
| Minimum cost in the last six months | £3,188,994 |
| Maximum cost in the last six months | £3,308,883 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £119,889 |
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 £119,889 more.
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