“Mel Gibson apartment” in Cannes now on sale


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 This property is one of the most exclusive penthouse apartments on the Côte d’Azur. It is located directly on the famous “Promenade de la Croisette” opposite the “Palais des Festivals”, where the international film festival takes place every year (16-27 May in 2012). The penthouse has been rented out several times during the film festival by Mel Gibson. It has even been rumoured that Mel Gibson is also the owner of the property (“Mel Gibson apartment”). It affords unobstructed views over the red carpet and the azure blue sea. For this reason, the penthouse has also been hired on numerous occasions by the BBC, amongst other broadcasters, to film coverage of the festival. Many other famous film stars have also resided here whilst visiting for the annual event.

The exclusive duplex apartment is situated on the fifth floor and comprises an interior of approx. 250 sqm with a large living and dining area, and four bedrooms each with en suite bathrooms. The appointment includes a security alarm, an open fireplace, a Jacuzzi and a top-class fitted kitchen. In addition, the penthouse has a roof terrace spanning some 250 sqm, planted with palm and olive trees and featuring an outdoor kitchen and bar.

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Interested buyers submitting a bid shall be privy to the asking price for this exceptional property upon request. Engel & Völkers in Cannes expects the exclusive penthouse to by far exceed the price bracket usually commanded in this location of up to 50,000 euros per square meter. Its prime location means that the apartment also offers high potential returns generated from lease of the property. 

The Côte d’Azur is one of the most stable second home markets in Europe. The upper market segment in particular is characterised by a sustained level of demand. Buyers come above all from Western Europe, as well as Russia and the Middle East. Many clients have a growing interest in buying real estate purely for investment purposes. The most sought-after locations on the French Riviera include Saint-Jean-Cap-Ferrat, Cap Antibes and Cannes.

1.) The penthouse is located directly on the famous “Promenade de la Croisette” and boasts unlimited views over the “Palais des Festivals” and the red carpet of the international film festival.

2.) The approx. 250 sqm roof terrace has a fully fitted outdoor kitchen, a bar and a Jacuzzi.

 

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