The Carlton Riviera, a luxury residential development attached to the Carlton Hotel in Cannes, France has sold out in just 30 days, according to the agents
British, Russian and Indian as well as a few locals make up the international mix of purchasers, and according to James Price of sales agents Knight Frank. “The phenomenal rate of sales shows that despite the general perception of a depressed market, property in the right location and at the right price will sell.”
Prices started at around $700,000 for a one bedroomed apartment. Which just goes to show – location, location, location still applies, especially on a development such as this one where the credit crunch did not have any impact. Mostly cash buyers I suspect.
The Intercontinental Carlton is situated in the center of La Croisette and is the unofficial home to the movie industry during the Cannes film festival.
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Who is the best to sell a house like this in Super Cannes these days? price range is around 2.4mill Euro.
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