Commercial space in Cannes, Cote d'Azur, France

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Commercial space in Cannes, Cote d'Azur, France

503,000 €
8,383 € /m²
£425,000
£7,083 /m²
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  • Total area
    60 m²
  • Yield
    3.4%
Details
Property parameters
  • 1 floor
Financial performance
  • Annual income: 17,000 €
Tenants
  • Fully let
Features
  • Street retail

Commercial space in Cannes.

Description

The total area is 60 m².

Extra opportunities

It is possible to receive a French residency when buying a property worth any cost. Find out more about the program.

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Financial performance

The annual net incomes is 17,000 €.

The net yield is 3.4%.

Tenants

The tenant is a beauty salon.

Location and nearby infrastructure

The property is located in Cannes, just 500 meters from the city center.

Cannes is a city located on the French Riviera. It is one of the most popular and famous resorts of the Cote d'Azur.

The economic environment is based on tourism, business fairs, trade and aviation. Cannes has 6,500 companies, of which 3,000 are traders, artisans and service providers.

Nice Côte d'Azur Airport is located 25 km from Cannes and has close to 10 million passengers a year.

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