Cannes and its prized areas
Cannes, the emblematic city of the French Riviera with a worldwide reputation, is the embodiment of international luxury. Renowned for its Croisette, its privileged neighbourhoods, its climate, its luxury boutiques, but also its tourist and cultural activities, the city is a real gem. The market for prestigious apartments, an exceptional market in the heart of a privileged environment, is thus propelled by an elite clientele, both French and international.
The location and view of the Croisette, La Californie, Super Cannes and some of the prime locations in Le Cannet give them an unparalleled popularity. These first class areas bring together the most beautiful and luxurious apartments in the region.
La Croisette
A benchmark location in the high-end market and a natural link between the city and the beach, La Croisette - with its sumptuous palaces, luxury boutiques, gourmet restaurants and prestigious beaches - has become an integral part of Cannes' identity. With its unique address, its unobstructed view of the sea and the Lérins Islands, and, depending on the address, of the Palais des Festivals et des Congrès, it is a real micro-market of unparalleled prestige. A highly desired sector, its apartments are mainly coveted by foreign clients looking for a second home. However, the French clientele remains relatively present. Indeed, the heart of the Cité des Festivals remains a reliable investment and an ultra-profitable sector.
La Californie
From the Pointe Croisette to Le Cannet, La Californie, overlooking the bay of Cannes, is undoubtedly one of the most select areas of the city. Ultra sought after, it promises an exceptional sea view over the bay of Cannes and offers an exceptional panorama, from Cap d'Antibes to the Esterel hills, passing by the Lérins Islands.
Elegant par excellence, it arouses a real interest among buyers from around the world.
It attracts people from all over the world because of its prestigious apartments in the heart of a unique environment with breathtaking views and lush vegetation. Close to the famous Croisette, La Californie, with its idyllic setting, is a true haven of peace away from the hustle and bustle of tourism.
An excellent start to the year: our numerous exclusive apartment sales
In the middle of 2022 and in the continuity of a beautiful year 2021, the balance sheet regarding the state of the Cannes luxury apartment market is more than positive. Indeed, the Magrey & Sons group has had the privilege of achieving remarkable sales of highly exclusive products. With very little time on the market, many turnkey apartments, sold between 2 and 8 millions, have quickly found buyers. The latter, foreigners as well as French, seized the opportunity to acquire extremely rare products: true jewels shining by their uniqueness and singularity. Thus, "unique" products such as these are becoming increasingly rare and only a few good opportunities remain to be seized... Today, many clients/investors are looking for the dream apartment in the heart of one of the most sought-after areas of Cannes - notably for a second home or for rental investment - but very few are lucky enough to find the "rare pearl". Indeed, as soon as they are on the market, these exceptional products in the heart of exceptional settings, instantly arouse interest. As a result, the current market presents a certain imbalance, with many requests and very few offers: it is therefore essential to remain constantly informed about its evolution and its novelties.
Magrey & Sons, a specialist in luxury real estate for more than 50 years and with the unfailing confidence of long-term clients, is able to accompany you in the sale or purchase of your prestigious apartment in Cannes, in the heart of the most renowned districts. The results of the beginning of this year are clear and prove to be a real success. Indeed, thanks to its portfolio of unique products in exclusive mandates, proposed and sold to exceptional clients, Magrey & Sons is a leader in the sector. Because of this privileged relationship with its clients and the success of these beautiful transactions, some of these investors have chosen to entrust the management of their new acquisition to Magrey & Sons agency: a proof of confidence and ultimate success.