A stunning T3 apartment in the beautiful residential district of California in Cannes, France is now available for investment. The property, located in the Le Californien operation (06), offers a breathtaking panoramic view of the sea and comes with a terrace and access to a swimming pool.
The project aims to transform the apartment into a luxurious T4 by undergoing renovation, enhancement, and furnishing work to create a premium "turnkey" product. The estimated cost price for this transformation is €1,277,872, with a projected turnover of €1,500,000, resulting in a margin of €222,128 or 15% of turnover after financing.
With a price per share of €1 and an estimated minimum return of 11%, the total value of the property is €996,000. This investment opportunity offers the potential for significant returns in a highly sought-after location.
Investing in this property provides the chance to be part of a lucrative real estate venture in one of the most desirable areas of Cannes. The combination of a prime location, stunning views, and the potential for a high return on investment makes this opportunity a compelling choice for investors seeking to diversify their portfolio.
Don't miss out on the chance to be part of this exciting project in Cannes. Take advantage of this unique opportunity to invest in a premium property with the potential for substantial financial gains. Contact us today to learn more about how you can become a part of this exclusive real estate investment.