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Written by Staff Reporter   
Thursday, 22 November 2007
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Destination Cannes
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Le Scoop deluxe residence by the Croisette - the ultimate address for lifestyle and investment  

Le Scoop really lives up to its name, a truly exclusive find in the most sought after part of Cannes, itself one of the most sought-after locations in the South of France. 

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It is rare that a new development in such a premier location comes on the market close to the Palais des Festivals (Cannes conference and exhibition centre) with none developed in the last 25 years.
Le Scoop represents a new option at the premium end of the Cannes property market.

Well known for its many large five-star hotels such as the Carlton, Hilton, Majestic and Martinez  Cannes has lacked top-of-the-range boutique apartments but Le Scoop now fills this gap in the market with style!

Le Scoop is the closest base one can have to the Palais des Festivals, home to the famous Cannes film festival .

This is a critical issue for executives and celebrities attending the many events and thus very important from an investment point of view; for owners this assures excellent capital appreciation and rental income.

Located in one of the most  sought after locations in the a property by the Croisette, Cannes earns rental income when you are not using it.

As an owner at Le Scoop you can stay for 70 days per year and there is a projected rental income in excess of 5.5per cent and capital appreciation in the region of 13.4 per cent every year for the last 7 years.

An address on the Côte d’Azur, has unequalled cache. Owning a property in the South of France is a strong long-term investment proposition. There are very few new developments in the prime locations in the South of France, this coupled with the fact that there are a diverse range of buyers (every major nationality in the world is represented in the mix of buyers each year) looking to purchase a property on the Côte d’Azur, makes Le Scoop an unmissable opportunity.

France has always been regarded as a safe option for investors because the French property market is very pro-consumer. Each new development must have a bank guarantee of completion, 10-year construction guarantees, cooling-off periods in the purchasing process and is overseen by government appointed notaries.

When it comes to location Cannes is among the most sought after addresses in the world and  Le Scoop is in a prime location in this fabulous town; located 50 meters from the Palais des Festivals between the Croisette beachfront and the main shopping street of Rue d’Antibes. When it comes to location it doesn’t get any better.



 
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