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cannes real estate investment

The Cannes Real Estate Market in 2026

The real estate market in Cannes remains one of the most attractive in Europe. In 2026, average prices for luxury properties range between €10,000 and €25,000 per square meter, depending on location, view, and property quality. The most sought-after districts include La Croisette, Palm Beach, La Californie, and Super-Cannes. Supply remains limited, especially for seafront apartments and villas with panoramic views, which supports long-term property value. Buyers mainly come from the United Kingdom, Switzerland, the Middle East, and North America. France’s economic stability and Cannes’ global reputation help maintain strong international demand.

Why Invest in Cannes Real Estate ?

Investing in Cannes means betting on rarity and prestige. The city enjoys a unique appeal thanks to its thriving tourism and event-driven economy. Investors also appreciate the high rental yields during international festivals and conventions. Well-located seasonal rentals can generate between 4% and 6% gross annual returns. Moreover, the quality of infrastructure, high level of safety, and pleasant year-round climate make Cannes a secure and desirable choice for long-term investment.

Steps to Buying a Luxury Property in Cannes

Step 1: Define Your Project


Before beginning your search, it is essential to clarify your objectives: a second home, a rental investment, or a long-term asset. This will help determine the type of property, the ideal location, and your overall budget.


Step 2: Find the Right Partner


Working with an experienced local agency such as Croisette Properties is highly recommended. Our experts have in-depth knowledge of the Cannes market and guide foreign investors through every administrative and legal step.


Step 3: The Preliminary and Sale Agreement


Once you have selected a property, a preliminary sale agreement (compromis de vente) is signed. This document binds both parties, subject to certain conditions (notably the approval of financing).


Step 4: The Role of the Notary


In France, all real estate transactions are handled by a notary. The notary verifies the legality of the sale, drafts the final deed, and guarantees the legal security of the transaction. Notary fees represent approximately 7–8% of the purchase price.


Financing and Taxation

Financing


French banks grant loans to non-residents, generally up to 70% of the property’s value. Interest rates remain attractive (around 3%), provided the borrower presents a solid application. Some investors choose international loans or create a société civile immobilière (SCI – a French property-holding company) to optimize their financing structure.

Taxation


Foreign investors are subject to income tax on rental income in France, but several systems can help reduce the tax burden:

  1. The LMNP/LMP status (furnished rental) allows the property to be depreciated.

  2. Capital gains on resale benefit from progressive tax reductions after five years of ownership. 

  3. Residents of countries with tax treaties with France avoid double taxation.

Key Points to Consider

  1. Anticipate additional costs: notary fees, insurance, maintenance, and property tax.


  2. Have the property evaluated: verify its real market value through an independent expert.


  3. Pay attention to co-ownership details: fees, regulations, and building maintenance.


  4. Prioritize quality and location: in Cannes, location is the most important factor.


  5. Think ahead to resale: properties with sea views, terraces, or proximity to the city center retain their value better.

Your Dream Home on the French Riviera

Buying property in Cannes means investing in an exceptional market that combines prestige, profitability, and stability. With the right partners and careful planning, foreign investors can acquire a secure and valuable asset. Between the sea, the mountains, and Mediterranean elegance, Cannes remains a haven in the global luxury real estate market. Our team will assist you through every step of your property purchase in Cannes. Contact us!

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