The 78th edition of the Cannes Film Festival opens this Tuesday, May 13, until 24, with a tripling of the city’s population during these 11 days. Where to stay All these beautiful people of cinema from all over the planet? For very large productions, head to Carlton or Martinez. These large hotels also have the advantage of overnight reservations, “What will suit a star who can only stay two days in Cannes, while the Luxury villas and apartments cannot be rented less than a week “explains to Capital Ornella Messina, head of high -end seasonal rental within the Barnes de Cannes agency.
It distinguishes two types of goods prized by festival -goers: on the one hand, villas where luxury marks and communication agencies organize the legendary evenings of the festival, on the other, apartments in the immediate vicinity of the Croisette, which serve both housing and offices. “This apartment will welcome a director of the official festival selection from this evening”indicates to Capital Michael Claes, representative at EXPERTIMO, during a video visit. Located just 25 meters from the beach, this beautiful 130 square meters, with four bedrooms, will be rented about 800 euros per dayor 8,800 euros for the duration of the festival.
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Rental prices established on a case -by -case basis
But there is much more expensive! The Magrey & Sons family real estate group offers apartments on its website, located less than ten minutes from the Palais des Festivals, in a price range 2,500 euros at… 25,000 euros per week. For others, the price is not indicated, it is necessary “to consult” the agency to know him. “On our site, the prices are” from “and they concern the low season, they are absolutely not topical during the festival”underlines Ornella Messina. Of the “Price established on a case -by -case basis and confidential”she adds. According to the agency Kretz Real Estate, the average price per night is multiplied by 2.5 during the fifteen of the festival, with an average price increases by 927 euros.
At Magrey & Sons, at 25,000 euros per week, you already have a penthouse (apartment-terrace in the last floor) 240 square meters, with a terrace of the same area, view of the sea and the palace of festivals. Arnaud Charnallet, at the head of the ERA Mac Immobilier de Cannes La Bocca agency, evokes the prices of “18,000 euros for the 11 days of the festival, ie …three times the usual price Outside this period “. Certainly, these are “Beautiful products, recently renovated, with a superb view of the port”he concedes. But all the same, “Rentals on the high -end market are a little messing around”he judges. Rentants that his colleague Michael Claes place in two categories: on the one hand, the owners living in Cannes, who only rent during the festival and the congresses, on the other, non -resident investors, who also rent during the summer period.
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For Arnaud Charnallet, the ultra-luxe market during the festival represents downright “Another dimension”. There, it is not necessary to count 18,000 euros for a rental of ten days but 100,000 euros ! This flirtatious sum gives a magnificent villa straight with a dozen rooms, bouquets of fresh flowers permanently, almost Olympic swimming pool, breathtaking view, chef, yoga teacher, gardener, etc.
As glamorous as it is, the film festival is however not the most lucrative event for Cannes real estate. “His attendance has dropped a little and the production boxes pay attention to their expenses”explains Arnaud Charnallet. “It is the Lions, The advertising and internet festival, which takes place in June, which is the most remunerative for real estate investors. Then come the Mipimthe real estate show that takes place in March, then the film festival ”nods Michael Claes. The Expertimo representative also had a videoconferencing with New York festival -goers from the Lions yesterday, who confirmed their intention to rent in June a villa of 600 square meters with five suites, for about 5,000 euros per day. A property also put up for sale at eight million euros. A good hearing if one of the future tenants definitely falls under his spell!
