Estée Lauder villa in Cannes is on sale through Engel & Völkers

  • Beautifully renovated, historic villa in a prime location on the Côte d‘Azur

Hamburg/ Cannes, 26 November 2015. In La Californie, the top residential district of Cannes, Villa Roche Cline is being brokered by Engel & Völkers. The cosmetics icon Estée Lauder lived in this exclusive property until 2004. It is said that she created some of her famous fragrances in this villa. The property is on sale through Engel & Völkers for 8.85 million euros.

The Villa Roche Cline is located in a very quiet and exclusive residential district in Cannes, less than one kilometre away from the Promenade de la Croisette with its beaches, restaurants and luxury shopping facilities. This remarkable property was built in around 1900 and in the 1920s it was turned into a villa in the Belle Époque style. Estée Lauder and her husband bought the villa in 1963 as a second home and holiday residence. In her biography, the successful businesswoman described the Villa Roche Cline as her favourite holiday home. The historic villa has been extensively renovated in the last few years and satisfies all requirements of a modern lifestyle.

White roses and white jasmine in memory of Estée Lauder
The main house extends over four floors, all of which have panoramic views of the sea. The villa also has a separate guest studio, which is fully equipped. Over a total living area of approx. 450 square metres there are ten rooms – including six bedrooms – and six bathrooms. The garden terrace is around 100 square metres in size and boasts a heated pool as well as an outdoor kitchen and an open fireplace. The seating area is shaded by a pergola planted with white roses and white jasmine in memory of Estée Lauder‘s favourite flowers. The property offers the latest in technology, complete with video alarm system and security windows. The whole villa also enjoys underfloor heating and makes use of high quality materials such as marble and oak. The renovation was carefully planned to preserve some of the original features. For example, the stairway that links the ground floor to the first floor is still in its original condition. One particular highlight is the supply of bed linen and hand towels, which carry the initials of the villa, “RC”.

International buyers ensure a stable market on the Côte d‘Azur
The region between Saint-Jean-Cap-Ferrat, Cap d‘Antibes and Cannes has long been one of the most sought-after places in the world for second homes. The property market demonstrates high value stability, especially in the sector of premium property. “In the prime locations in particular, the attention is increasingly focussed on holiday homes and second homes as crisis-proof retirement provision and capital investment”, says Beatrix Eikel, Managing Director of Engel & Völkers in Cannes. The largest buyer group is made up of Britons and Eastern Europeans but more and more enquiries are coming from Germany, Switzerland and Scandinavia. Customers from the Gulf States are also a key feature of the second home market in Cannes.

Sophisticated flair in a small area
The Côte d’Azur is one of the most attractive locations in the whole Mediterranean region. Many marinas and beaches, the proximity to Monaco and to Nice International Airport, the sophisticated flair of the Belle Époque, top restaurants and exclusive clubs combine to offer an unparalleled lifestyle. Other benefits include the mild climate and the unique natural landscape with its many small bays and authentic towns and villages. Undeveloped plots are very rare indeed and the potential for new building is very limited. Old buildings, especially those from the Belle Époque, are therefore often extensively restored, fitted with modern comforts and turned into attractive luxury villas.

For further information please contact:

ENGEL & VÖLKERS AG     
Princess Bettina Wittgenstein
Head of Global Corporate Communication    
Stadthausbrücke 5
20355 Hamburg        
Germany
Phone: +49 40-36 13 11 20
Fax: +49 40-36 13 12 35        
Bettina.Wittgenstein@engelvoelkers.com

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Estée Lauder villa in Cannes is on sale through Engel Völkers

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