According to an article just published in Le Monde, Cannes on the French Riviera is the second highest visited city in France in terms of tourism and the location of the train station definitely needed work.
Why? Nearly 40 percent of the visitors to Cannes arrive by Train and it is estimated that by 2014 there will be 8 million tourists visiting Cannes each year.
Work in Cannes by the train station on Rue Jean Jaurès (visit map) is now finished and the next step is to finish access from the North to the South via an access underground.
The area will also see new development including a 4 star hotel, according to Le Monde.
According to one local real estate agent the price of real estate in this area close to the train station (often ideal for investment) is currently (June 2014) between 6000 and 7000 euros per square meter which is considerably less expensive than the price of property on the ‘Croisette’ that can reach 19 500 euros plus per meter squared.
Read Source in French
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