A former fisherman’s village, Cannes became popular in the 19th century, mostly thanks to Lord Henry Brougham who initiated an influx of European aristocracy to the beautiful coastal town. Their magnificent homes paved the way for unprecedented residential development, making Cannes the internationally-renowned location we know today.
Cannes attracts buyers thanks to its Mediterranean climate and ideal location, at the very heart of the French Riviera. Ideally situated between Nice, Monaco and Saint Tropez, the town is a dynamic centre for film and international conferences.
Unique in comparison to most other Riviera locations, Cannes is more than a holiday resort; it is a vibrant, working town with a thriving economy that ensures an active lettings market all year round. A key location for investors on the Côte d’Azur, apartments trade between €6,000 to €50,000 per sq m depending upon location, age and style.
This blend of enterprise and tourism provides a dynamic culture that caters to all tastes, styles and budgets. This is only enhanced by its rich historical heritage and exclusive social calendar.
The prime residential markets in Cannes are focused around the Croisette. Large, lateral apartments are popular with clients from the Middle East. Short-stay rental markets are buoyant, especially during the city’s events and festivals.
Cannes is divided into distinct areas where styles, prices and ambience reflect demand and use.
The prime residential markets in Cannes are focused around the Croisette. Spacious, lateral apartments are popular with clients from the Middle East. Short-stay rental markets are buoyant, especially during the city’s events and festivals.
In reverse to many key locations on the French Riviera, apartments are dominant in the Cannes real estate market, with figures commanding up to €50,000 per sq m for prime locations, quality and location.
Le Suquet, the old town of Cannes, is full of history, within its labyrinth of charming cobbled streets, bursting with restaurants, bars and cafés. For property hunters, this part of the town offers mostly apartments, as well as the occasional town house, for sale.
For rental investment, many buyers prefer to focus on property close to the Palais des Festivals. The most popular buildings boast penthouses and duplexes with a frontline seat for the film festival. The town centre of Cannes, provides an alternative for savvy investors, with its unique apartments and more period buildings.
La Croisette, with its luxury boutiques and hotels, remains the most sought-after and expensive location in Cannes. This prestigious address boasts stunning apartments and penthouses for sale, offering panoramic views of the sea and the Lérins Islands.
Palm Beach (Pointe Croisette) offers the most in terms of nightlife, especially during the summer season, owing to its abundance of casinos and nightclubs and accommodation includes apartment developments of varying styles.
La Croix des Gardes (the chosen location of Lord Brougham in 1834), retains a high quality selection of luxury villas for sale.
Petit Juas and Montrose offer charming villas and apartments for sale in a quiet location, within walking distance from the centre of town.
La Californie features highly sought-after residences with landscaped grounds, swimming pools, sea views and tennis courts.
Super Cannes is a very residential location and home to an excellent mix of both contemporary, luxury and Provençal style villas.
Last, but not least, many buyers opt for the charming village of Le Cannet, which, at a lower price point, offers more affordable accommodation within close proximity of the amenities and attractions of central Cannes.