€175,000for a 1/8 share1/8 Co-Ownership

Cannes, Côte d'Azur, France — 2-Bed Apartment With Sea Views & Balcony

2Bedrooms
2Bathrooms
111 m²Living area
45Nights / year · minimum
1/8Share size
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About This Property

In the heart of La Californie, the most prestigious hillside district of Cannes, this Parisian-style apartment occupies a handsome building from 1873 — a few minutes' walk from the Mediterranean beaches, the Boulevard de la Croisette and some of the best tables on the Côte d'Azur.

The balcony catches the sun from morning until evening and looks out over the azure sea to the Île Sainte-Marguerite. Inside, 111 m² of high-ceilinged rooms hold two bedrooms, two bathrooms and two bright living rooms that both open towards the view. One living room has a sofa bed for two more guests, so the apartment sleeps six in comfort.

Features & Amenities

  • Sea views to Île Sainte-Marguerite
  • Sunny balcony, sun from morning to evening
  • Historic building from 1873
  • High ceilings and original wooden floors
  • BOFFI kitchen with Gaggenau appliances
  • Two bedrooms and two bathrooms
  • Two living rooms, one with a sofa bed
  • Sleeps six
  • A few minutes' walk to the beaches and La Croisette
  • Full refurbishment with new furnishings included
  • High-speed internet
  • Alarm system
  • Pet friendly
  • Owner storage

Location

Cannes, South of France, France

How Co-Ownership Works

How Co-Ownership Works

  • You own 1/8 of the homeReal ownership of the home — not a timeshare, not points.
  • 45 nights a year, minimumStays are scheduled fairly between the co-owners across the whole year.
  • Costs are sharedYou pay 1/8th of the home's total running costs, shared between all owners.
  • Fully managedMaintenance, cleaning and scheduling are handled for you — just arrive and enjoy.
  • You set the resale priceThe share then goes on the open market.
  • Transfer to your loved onesPass your share on to your children or loved ones, so your family can enjoy the home for generations.

What a night here really costs

Owning a piece of this home, renting something similar, or buying a whole home like it: the cost per night you'd stay, side by side.

Prefilled with this home: €175k for a 1/8 share of a €1.4M home.

Assumptions

Example figures: change them to your own. This home's real running costs are a button away below.

What each night really costs you over 10 years. Money paid in rent is gone. With a share you own a piece of the home, and when you sell, its value comes back to you.

Rent every year

€470

per night you stay

Real cost over 10 years
€211,500
Money tied up
None
Back when you sell
Nothing
Nights a year
45

Co-own a 1/8 share

€273

per night you stay

Real cost over 10 years
€122,750
Money tied up
€189,000
Back when you sell
€166,250
Nights a year
about 45

Buy the whole home

€2,182

per night you stay

Real cost over 10 years
€982,002
Money tied up
€1,512,000
Back when you sell
€1,330,000
Nights a year
45 of 365

At 45 nights a year, owning a share works out at €273 a night: €197 a night less than renting and €1,909 less than owning the whole home for the same stays.

Per night = what you pay in (price, taxes, running costs, and what the money could have earned) minus what you get back when you sell, divided by the nights you stay. It assumes the home is worth the same when you sell; a share can appreciate in value, so change that under Assumptions if you like.

What each night really costs you over 10 years. Money paid in rent is gone. With a share you own a piece of the home, and when you sell, its value comes back to you.

Want the real numbers for this home?

We'll send its yearly running costs with the full photos and floor plans.

Enquire About This Property

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