Real Estate in Cannes

Brilliant Cannes in France: Real Estate Prices

Even children know the name Cannes, as it is where the legendary film festival takes place, attracting stars from around the world. It is also a popular resort on the French Riviera, where, according to common opinion, only the wealthy vacation. It's hard to believe now, but it was once an unassuming seaside town. Initially, it was favored by the English, and in the 19th century, members of the Russian imperial family and nobility joined them. Cannes gained fame in the middle of the last century after Brigitte Bardot's visit, and since then, the number of people wishing to buy property here has been rapidly increasing. This trend continues today, with France remaining one of the most popular countries for investors.

But contrary to legends, buying or renting property in Cannes is not limited to millionaires. Many clients of our international real estate agency, Hayat Estate, have discovered this. Our specialists have helped them acquire property in this corner of France.

Real Estate Sales: What Do Foreigners Offer in Cannes?

Cannes is famous not only for its film festival but also for hosting numerous congresses, seminars, and exhibitions year-round, attracting representatives from all over the world. Therefore, real estate investments are very lucrative, and rental income quickly covers the costs. Prices are influenced by views of the sea, proximity to the beaches, distance to the city center, and, secondarily, the prestige of a particular neighborhood and the condition of the property. The most expensive locations are along the famous Croisette promenade, where prices range from 10 to 50 thousand euros per square meter.

Other fashionable districts in Cannes include:

• Palm Beach - located by the sea with excellent infrastructure;
• California - featuring historic streets, bourgeois mansions, and comprehensive developments from the end of the last century, complete with parks, pools, and beautiful views;
• Super Cannes - home to the most expensive and luxurious private villas;
• Montrose and Oxford - situated away from the city center but boasting magnificent landscapes and beautiful buildings.

A penthouse on the Croisette will cost no less than 40 thousand euros per square meter, while an 80-square-meter apartment in Oxford will be priced at 450 thousand euros. The same price range applies to the California area, where prices exceed 1 million euros. Villas in Super Cannes range from 1.5 to 70 million euros, depending on their size, building condition, plot size, and proximity to the sea.

However, it's essential to remember that there are more affordable city neighborhoods in Cannes, such as Republic and Cannes-la-Bocca. Carnot and Monfleuri are also valued. Apartments in Monfleuri are priced at 4,500-6,000 euros per square meter, while properties near the train station can be purchased for as low as 10,000 euros per square meter. In other words, the farther from the center, the lower the price, making it possible for non-exceptionally wealthy clients to buy property on the outskirts.

We Will Give You the Opportunity to Live in Cannes!

Hayat Estate has been in the real estate market since 2012, handling transactions in 15 countries worldwide, including France. Our specialists are well-versed in all the intricacies of buying property in each country. They are familiar with the primary and secondary housing markets, helping clients not only acquire real estate but also resolve residency and even citizenship matters.

All transactions are honest and transparent, with the company providing legal support and assistance in resolving current and problem issues. We accept applications from all over Ukraine, and transactions can be completed both remotely and at our office in Kiev. You can discuss terms and options with a consultant at the phone number provided on the website.

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