La Croisette embodies the pinnacle of high-end real estate in Cannes. Bordered by the sea and dotted with luxurious palaces, this legendary avenue is home to residences that attract a wealthy international clientele.
Exceptional properties with ultra-luxurious services
The apartments located on the Croisette are distinguished by first-rate characteristics:
Unique location : Panoramic view of the Bay of Cannes and the Lérins Islands.
Exclusive services : Noble materials (marble, precious wood), state-of-the-art home automation, spacious terraces, private parking and 24-hour security.
Premium services : Concierge, private swimming pools, direct access to the beach and luxury boutiques.
Prices reaching new heights
The luxury apartment market on the Croisette is showing record prices. In 2024, exceptional properties are generally sold for between €20,000 and €40,000/m² , depending on the location and amenities. Some ultra-luxurious penthouses and duplexes exceed €50,000/m² .
Some recent examples of transactions:
A 250 m² penthouse with a 150 m² terrace and sea view sold for more than 12 million euros.
A 100 m² apartment on a high floor, completely renovated, was sold for more than 4 million euros.
A 180 m² duplex with rooftop and private swimming pool has found a buyer for more than 8 million euros.
A market that remains buoyant despite the economic climate
Despite the fluctuations in the real estate market, the Croisette remains a sought-after area. The scarcity of available properties, international demand and the prestige of the address make it a safe investment and a market where prices remain high. Buyers are mainly foreign investors (Middle East, United States, Eastern Europe, Northern Europe) looking for residences or heritage acquisitions.
Sources: Data based on recent statistics from local real estate databases, notarial transactions, and specialized real estate agencies including Keller Williams Masséna.
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