Hotel in city Cannes
25000.00 sq.m., 261 bedrooms

€ 405 000 000
Five star hotel, with casino, in Cannes.
The building has 6 floors. Number 261. 16 conference halls, a commercial gallery with shops of luxury goods. Private beach. The current casino.
Cannes is a city and commune in the South-East of France in the Provence — Alpes — côte d'azur region, Department of the Alpes-Maritimes, district of Grasse, cantons of Cannes-1 and Cannes-2. It is one of the most popular and well-known resorts of the Cote D'azur. It is known for its annual film festival.
The cost of the object - 405 000 000 euros + Commission, in the amount of 3 % of the cost. The hotel and casino have operators. The contract was extended in 2018 and signed for 6 years. Profitability of the hotel - 7 % per annum (net). Profitability of the casino - 10 % per annum (net). The documents are ready to deal. Additional information is provided upon signature of the L. O. I and provision of the P. O. F by the direct purchaser.

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