At $2.4 Million, This Yacht Parking Spot Near Cannes Is A Bargain

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There's a yacht parking spot available just a 20-minute drive from Cannes, France, and broker Moran Yacht & Ship says the $2.4 million price tag is a steal.

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The berth, number 29 at the Port de Mandelieu in La Napoule, is marked down from $3.42 million for a ten-year lease. The price is "in the market" and negotiable, Moran Yacht & Ship told Business Insider. It dropped from last year "due to uncertainties regarding lease prolongation by the authorities."

The berth is 44 meters long, 8.1 meters wide and 6 meters deep, enough to fit a sizeable yacht, though nothing huge.

So if you're looking for a place to keep your luxury yacht, now may be the time to head to France.

Here's an aerial view:

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cannes port berth

Moran Yacht & Ship

It's quite close to Cannes:

cannes france map

Google Maps Screenshot