PL31 – Postscript – 30th September 2003.

Posted by admin in Property Letters | September 30th 2003

I always do this don’t I? Another postscript as I thought would happen.

Please bear in mind that any and all of the apartments that I detail are at asking price and offers are acceptable – in fact some of them are worth having but only at a lesser price. Once we get into the nitty gritty I have a good feel now for which we can offer low on and will advise where I can. But ultimately you will decide what to offer and what you are prepared to pay.

Another interesting one to add to the apartments I wrote up earlier today –


We already have one apartment in the building and it is a good one. This apartment overlooks the famous Martinez Hotel – across the street. But if you look to your right down the street you look at the Croisette about 100 meters away and the sea beyond. It is on the 3rd floor – a studio apartment – very spacious.

It is redone and furnished to a very high standard and all the furniture stays behind. Lovely bathroom tiled in soft green. Separate loo. Gorgeous and spacious kitchen very well equipped open plan onto the main room which is glass fronted. In fact the building (Super Croisette A, not B at this stage) will have its front changed starting this Monday. Every front facing apartment is having double sliding, double glazed doors installed. It’s already paid for. The main room opens onto a spacious balcony.

The flat is air conditioned and has electric shutters.

I saw it with Lao (Vicky returned to Cape Town at the weekend) and our opinion is that although it is very smart indeed, if we bought it for anyone we would recommend a paint job throughout. Small cost – big return.

The position and the rentability are of course superb. Prime, prime property

Asking Price – 198 800€
Living space – 40 m2
Price per m2 – 4970€

(At 180 000€ and 4500€ per m2 it would be very interesting in my view. Quality apartment in prime position fully and perfectly furnished and ready to – just need a coat of freshening paint – a few days work)

Prices – yes it’s pretty shocking. They have gone up. It’s just a fact of Cannes.


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