Sale Apartment
Cannes

Ref. 86844855

2 rooms

1 bedroom

56.81 m²

€475,000

Sale of Bare Ownership Cannes Old Port Duplex

In the heart of Cannes, duplex for sale with a view of the port.
SALE OF BARE OWNERSHIP WITH USUFRUCT RESERVE Here are the benefits you will realize:
- A location in the city center with a view of the port just steps from the Palais des Festivals.
- Free market value of the property in the current real estate market €690,000 Occupied value €475,000
- Usufruct reserve (The seller pays all charges of the property: co-ownership charges, energy bills, property tax, maintenance work... )
- Payment of the capital in one go at the notary
- No annuity
- Reduced notary fees
- No taxation
- No management fees and no rental risk
- No bank interest, no loan insurance fees
- Double rental value thus excellent future rental yield
- Controlled and secure investment
- Ultimately: primary residence or rental investment

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