Holiday Apartment in Cannes for London-Based US Professional
Client Profile
A 47-year-old American citizen living in London and working as Global Safety Director for a US multinational. Referred by her estate agent.
Situation & Challenge
She wished to purchase a holiday apartment in Cannes to rent on a short-stay basis. The financing needed to be structured so that rental income would comfortably service the mortgage.
Bluesky Solution
Bluesky arranged a long-term fixed-rate mortgage with favourable affordability metrics and no early-repayment penalties after year three.
Term-life insurance was organised through a third-party provider to reduce overall costs.
Outcome
The client secured a rental-friendly financing package with predictable repayments, supporting both her lifestyle and investment plans.
Key Terms
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Location: Cannes
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Purchase Price: €410,000
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Loan Amount: €270,000
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20-year repayment, 3.40% fixed
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No early-repayment fees after 3 years
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Term life insurance via third-party provider
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