Cannes. Building for sale on Avenue de Madrid.
The total area of the building is 889 sq.m. The building is located 100 meters from the sea and beaches, next to the luxurious Martinez hotel. Close by is a private school (l'Institut Sainte Marie). There is a railway nearby, and the city center and the Palais des Festivals are easily accessible by transport.
7-storey building - 20 apartments. Apartments with terraces. Elevator.
The layouts of all floors are identical, on each floor there are 2 studios, each 37 sq.m + 3-room apartment of 53 sq.m.
On the ground floor and near the house there is a private parking.
The house is in very good condition, all apartments are ready for rent.
Ideal location for seasonal / short term rental!
The annual profitability is 250,000 euros. The agency offers its services in property management and maintenance in the rental of apartments.