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Cannes

Cannes runs its prime market on three registers: apartments fronting the Croisette, the walled villa estates of La Californie, and the gated heights of Super Cannes. Croisette prices open near €20,000 per square metre and reach €50,000 at the most exclusive addresses, while Californie villas trade between €20,000 and €25,000 — figures from Côte d'Azur Sotheby's International Realty's Cannes office.

Indicative prime price€25,000 per m²

Indicative prime benchmark — not a valuation.

Cannes' prime map runs from the Croisette's grand apartment houses up through La Californie's walled estates to the gated heights of Super Cannes, with the Vieux Port and the old town of Le Suquet anchoring the western end. The Palais des Festivals powers a calendar economy — the Film Festival, MIPIM, Cannes Lions — that hands owners a rental season few Riviera markets can match. Nice airport sits roughly thirty-five minutes up the A8, and the Îles de Lérins are a short tender ride off the beach clubs.

See how Cannes ranks in the Riviera Prime Index

Nearby on the Riviera

Summer Villa — Cap Ferrat
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Cap Ferrat

Summer Villa — Cap Ferrat
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78900 m²

Private beachInfinity poolStaff

By Élodie Laurent

Listed 40 days ago

Belle Époque Villa
For sale Featured
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Cap Ferrat

Belle Époque Villa
€120,000,000

8101,200 m²

Private beachInfinity poolStaff quarters

By Élodie Laurent

Listed 40 days ago

Private Office

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Buying here

How to buy in Cannes

This is a market of international buyers who arrive for the festivals and stay for the address; Sotheby's Cannes office reported an international clientele returning to invest through 2025. The pattern is fewer transactions with no price decline — correctly priced properties sell, the rest sit. Carlton International's 2025 review puts luxury values 3–4% ahead of 2024, against a citywide apartment average near €6,100 per square metre that underlines the prime premium.

The process

  1. 1

    Engage a Riviera advisor

    Your agent curates on- and off-market villas and represents you through to signing — the off-market layer is where Cap-Ferrat and Saint-Tropez trophies trade.

  2. 2

    Offer & compromis de vente

    On agreement you sign a compromis (preliminary contract) with a deposit (commonly 5–10%); the buyer has a 10-day cooling-off right.

  3. 3

    Notaire & due diligence

    The notaire runs title, surveys (DDT diagnostics), planning and charge checks over roughly 8–12 weeks.

  4. 4

    Structuring & funds

    Decide on direct or SCI ownership, arrange financing, and budget the annual IFI wealth tax if net French real estate exceeds €1.3M.

  5. 5

    Acte authentique

    The final deed is signed before the notaire; the balance, duties and fees settle and possession transfers.

Acquisition costs

Notaire (older property)
~7–8%
Notaire (new-build, VEFA)
~2–3%
Agency commission
~3–5%
IFI wealth tax (net French RE > €1.3M)
0.5–1.5% / yr

Indicative figures — confirm exact costs with your advisor and notaire.

Buying property in Cannes — FAQ

Can foreigners buy property on the French Riviera?
Yes — there are no nationality restrictions; non-residents buy freely in France. Many international buyers hold through an SCI (a French property-holding company) for succession and co-ownership flexibility.
What does it cost to buy in Cannes?
Budget roughly 7–8% in notaire fees on an older property (about 2–3% on a new-build VEFA), plus 3–5% agency commission. Net French real estate above €1.3M attracts the annual IFI wealth tax at 0.5–1.5%.
How much is prime property in Cannes per m²?
Cannes runs at an indicative €25,000/m² for prime stock in 2026 — see the Riviera Prime Index for the full ranking.