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Cannes, French Riviera
4* Business 'aparthotel' tourism residences in the heights of the Bay of Cannes. From €137,659
La Residence Le Six will be located in Le Cannet, Cannes. Just ten minutes from the famous La Croisette and the Film Festival Palace. Situated 2 km from the beaches and the ports, amongst hills and with panoramic views - Residence Le Six will comprise studio and 1bed apartments furnished with high-end furniture, fully equipped kitchens and facilities geared to attracting business travellers.
The high-class facilities include:
Air conditioning in all the apartments
Heated swimming pool
Spa & fitness centre
Reception and covered parking
This type of apart-hotel style accommodation is aimed at business executives and also tourists who perhaps seek an alternative to classic hotel rooms and who may require longer-term stays.
Residence Le Six and the leaseback purchase package offered with it represent an exceptional chance to buy leaseback property in such a sought-after area.
Numbers are limited and as you would expect are selling extremely quickly.
Investment Highlights
Rental Return up to 4.24% for 9 years
Finance up to 85% LTV (subject to status)
19.6% VAT refunded
Hands-off investment
Choice of investment options available - which offer varying personal usage
Low deposit %
The investment case is strengthened by:
• Highly popular tourist region in the most visited country in the world.
• Year round visitor activity
• Very competitive pricing and sustainable yields
• High level of service offered compared to immediate competition
• Immediate proximity to both business district and ten minutes from La Croisette
• Established and reputable Management company Nemea - currently showing 90% occupancy in other accommodation
Property example:
Studio apartment (21.38m SQ) + balcony (5,73 SQ)
From €137.659 excl VAT (Includes parking)
Furniture pack not included - price €4,500
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