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WMN1995623,  Hotel 4 Stars - Cannes Featured Report

Cannes, 06370, Alpes-Maritimes, France

Ref # : WMN1995623

for sale 7.000.000 €
Hoteliers or investors, this is the investment not to be missed on the Cote d'Azur. Situated in the heart of the Cote d'Azur, surrounded by high-quality golf courses, easy access from the A8 highway and from the sea. Ref: WMN 1995623

Hotel 4 Stars - Cannes 7,000,000 €

This 4-star hotel/restaurant of 55 rooms/suites in the middle of an 11 000m2 park, has the facilities of a highly ranked establishment.

The hotel is today capable of without any marketing, to clear a 5% return on investment! (unleveraged).

There is also a very easy and cost-effective solution to increase hotel capacity by at least 20 rooms.

39 Bedrooms (22m²)   -    16 Suites (45m²)

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The fashionable Cannes brings together celebrities and wealthy visitors to enjoy the nightlife and shop in the luxury shops.

Not only is it the home of one of the world's most important international film festivals but all sorts of festivals and fairs are organized all year round. It is a thriving place for those looking for property for sale on the French Riviera.

Cannes has about 75,000 inhabitants, "les Cannois". During the film festival and the summer months, the number of people in the city is increasing. Renting your villa or apartment in Cannes during the film festival, conferences or some summer weeks can be very profitable.


If you are looking for a vacation home or a property that you can easily rent out, investing in Cannes is a great idea. 

There are several beaches to choose from, the longest stretching between the old harbour and going all the way to Mandelieu, with the nice promenade Bocca Cabana inaugurated in 2017. The famous Croisette with several hotels and restaurants offering sun loungers, parasol and drinks. Beyond Port Canto, you have the beaches on either side of the Palm Beach peninsula, and you can also make a nice excursion to the Iles de Lérins to swim from the cliffs in a scenic setting.

Mandelieu La Napoule 
Mandelieu La Napoule is a popular area located between Cannes and Frejus. There are many activities for the sporty, 2 golf courses, sailing school, water sports, horse riding and 23 kilometres of hiking trails to name but a few. 

Le Cannet
This area is situated close to Cannes, an excellent option for those looking for a calmer and greener option.

Property information

  • Key Features
  • Great Investment 4-Star Hotel
  • 39 Bedrooms 22m² - 16 Suites 45m²
  • In Middle of 11,000 m² Park
  • Highly Ranked Establishment

Features

Building Information

Number of Floors: 2

Land Information

Lot Size: 11000 sqmt

Location

       
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