About This Property
Prestigious Renovated Apartment - Terrace - Iconic Address Just Steps from La Croisette Located in the heart of the legendary Gray d’Albion residence, only a few steps away from La Croisette, the beaches and the Palais des Festivals, discover a rare patrimonial opportunity: the acquisition of the bare ownership of a stunning fully renovated 2-bedroom apartment, with a temporary usufruct reservation for 8 years. Situated on the 2nd floor of a prestigious residence with concierge service, security surveillance, caretaker and secured access, this elegant apartment offers approximately 84 sqm of living space and benefits from high-end finishes as well as a spacious 18 sqm East-facing terrace. The apartment is composed of: * An elegant entrance hall * A spacious and bright living room with fully equipped open-plan kitchen * Two en-suite bedrooms, each with its own private shower room * A guest toilet * A beautiful 18 sqm terrace, ideal for sunny breakfasts Premium features: Reversible air conditioning - Double glazing - Electric shutters and blinds - Fiber optic internet - Videophone - Elevator - Disabled access - Highly secured residence with concierge and caretaker. An iconic address in the heart of Cannes’ prestigious Carré d’Or, offering a unique lifestyle combining luxury, comfort and absolute security. BARE OWNERSHIP SALE WITH TEMPORARY USUFRUCT RESERVATION FOR 8 YEARS * Market value of the property: euros1,600,000 * Acquisition price of the bare ownership: euros1,090,000 * Automatic extinction of the usufruct after 8 years, with no additional cost or compensation. This rare patrimonial structure allows the acquisition of an exceptional property within one of Cannes’ most sought-after residences, benefiting from a significant acquisition discount and strong long-term value appreciation potential. Condominium charges: approximately euros550/month Property tax: euros1,941/year A premium patrimonial investment, ideal for sophisticated investors seeking a rare and secure asset in the very heart of Cannes. Information regarding potential risks to which this property is exposed is available on the Géorisques website: georisques.gouv.fr
Property Features
- Apartment
- Construction : 1967
- Surface Area 83,80 m2
- 3 Rooms
- 2 Bedrooms
- 1 Shower Room
- 1 WC
- Number of floors : 7
- Floor : 2
- Elevator
- Heating Type : Electric
- Condo : yes
- Energy performance diagnostic. : C (146)
- GHG : A (4)
About the price
Price: €1,600,000.
The agency commission is at the charge of the seller
Regarding the co-ownership
The co-ownership consists of 1 303 units, with an average annual share of the provisional budget for routine expenses of €6,600.
The management committee has no outstanding legal actions.
Energy Consumption
Diagnosis made after July 1, 2021
Votre contact
Providence Properties
31 Rue Louis Nouveau
06400 Cannes










