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Thu 06 Jun 2004Côte d'Azur complex promises return of 4 per centFrance/from €151,000: A new apartment complex on the Côte d'Azur in the south of France is promising investors a guaranteed four per cent return. The development, Cannes Rivage, comprises studio and one and two-bedroom apartments close to the beach a few kilometres away from Cannes.The 36 new and refurbished apartments are on an island site in Mandelieu in the heart of the French Riviera. The development is surrounded by gardens and has a swimming-pool.