Photo by Tiia Monto, CC BY-SA 3.0
If you’re looking for one of the safest havens for property investment, look no further than the highly desirable Cannes. Home prices here drop very little when the housing market turns south and rises pretty high when the market is good. The rental popularity here is incredible and year-round because of the fantastic weather.
This all combines to mean that buying property here is one of the best and most safe decisions you can make. And who wouldn’t want to rent or buy a villa in Cannes, the city of the film festival? It’s an absolutely amazing location with tons to offer those who live or just own property here.
But there are tons of locations to choose from within Cannes itself. Even if you’ve already made the decision to buy property in Cannes, you still need to choose which district you’re going to focus your search on. Read on to learn about the best locations where you can buy a villa in this wonderful town.
1. Croix Des Gardes
First up, we have Croix des Gardes, one of the most popular residential areas in all of Cannes. It’s located in the west of the center and takes up a large swath of land in the town. This is going to be one of your best bets if you’re looking for a good deal on a piece of property in Cannes. Croix des Gardes is going to be a little less expensive than other areas in the city that can be pretty costly.
Next up, we have Californie – not to be confused with California! Californie is right up there with Croix des Gardes as one of the most residential and common first areas to start looking for property. Californie is on the opposite side of the town as Croix des Gardes, located to the east of the center.
If you’re not able to find anything in Croix des Gardes, Californie is a beautiful place to look afterwards.
3. The Croisette
If you’re looking for one of the most desirable areas of Cannes, you had better start looking at The Croisette. However, be aware that properties can get incredibly expensive here as it is closer to the city center. This does mean that it’s going to be quite a bit more noisy than other areas of the city, so be prepared for that.
However, if you want to be in the center of it all, it’s worth checking out what’s available in The Croisette.
4. Super Cannes
Super Cannes is one of those areas where only the super-rich can afford to live. These properties are located on the hills above town and can be compared with Beverly Hills in LA. So, if you’ve got the budget to spend a ton of money, check out what properties are available for investment in this part of town!
5. Palm Beach
One of the other most expensive areas of town is Palm Beach. However, it could be a good choice for you if you’re looking for a property that will be a bit quieter in the winter time. Most of the properties here are only used as second homes, where families and individuals will spend their springs and summers. That means that there’s going to be much less people living here in the winter time.
6. La Banane
This is one of the areas that you should be looking at if you want to be in the center of it all and live right in the center of the city. La Banane (named after the shape of the district) is going to be pretty expensive, but will be worth it!
Republique is a very cosmopolitan quarter that’s had plenty of public investment. Therefore, this part of town is very desirable and you had better be ready to pay a pretty penny to score a property here.
Cannes is one of the most beautiful places on Earth, but also one of the safest and best places to invest in property. Check out the locations listed above and figure out which one is best for you. Happy searching!
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