T2 Apartment - 24m² - Marseille — 2-room, 24 sqm, 1 bedroom
Real Estate Available

T2 Apartment 24 m² for Sale Marseille - €67,000

At a glance: 2-room · 24 sqm · 1 bedroom

Brand: Laforêt Marseille 11

€67,000

rental investment profitability T2 duplex quiet American kitchen tenant in place good condition shower room close to shops close to schools close to transport Belle de Mai immediate income electric heating isolated from noise sale for sale purchase apartment apartment sale apartment for sale apartment purchase T2 F2 2 rooms 2-room apartment T2 apartment 1 bedroom 1 bedroom apartment 24m² 24 m² 24m2 less than 30m² 24m² apartment T2 24m² apartment Marseille Marseille apartment Marseille apartment sale Marseille apartment for sale Marseille apartment purchase Marseille sale Marseille for sale Marseille purchase T2 Marseille 2 rooms Marseille T2 apartment Marseille 13003 Marseille 13003 department 13 Marseille 13003 apartment
View on site
by Agence Laforêt Marseille 11

T2 Apartment - 24m² - Marseille

Investors, your next favorite is here. Nestled in the heart of Belle de Mai (13003), this 24 m² duplex T2 ticks all the boxes for a smart investment: tenant in place, no work required, income from the moment of signing. A surprising calm in the middle of the city. Located at the back of the courtyard, the apartment is naturally insulated from street noise. A well-thought-out space with a bright living room, equipped American kitchen, functional shower room, and bedroom upstairs. Rent of €480 excluding charges/month, sold rented, attractive profitability.

Information

  • Type: REAL_ESTATE
  • Price: €67000
  • Brand: Laforêt Marseille 11
  • Availability: In stock

Characteristics

  • Rooms: 2-room
  • Surface: 24 sqm
  • Bedrooms: 1 bedroom
  • Property Type: APARTMENT
  • Transaction Type: SALE
Location
  • City: Marseille
  • Postal Code: 13003

Metadata

Market and price analysis

Price per m² and market trend

The listed price for this 24 m² apartment in Marseille is €67,000, which corresponds to a price per m² of €2,791.67 (calculated from the listed price and the declared area). In the Marseille market, the median price per m² for an apartment is around €3,200 according to DVF (Données de Valeurs Foncières) data from 2023. This places this apartment below the market median by 12.7%.

Over the last 12 months, apartment prices in the 3rd arrondissement of Marseille have shown a slight upward trend, with an increase of about 4% compared to the previous year. However, the trend may vary by neighborhood.

In terms of positioning, this apartment is attractive for investors due to its competitive price and the presence of a tenant in place, ensuring immediate income.

Financial simulations

Total Acquisition Cost

For a purchase price of €67,000, notary fees are estimated between 7% and 8% for an old property, or approximately €4,690 to €5,360 (estimate based on current professional scales). This brings the total acquisition cost to about €71,690 to €72,360.

Regarding financing, assuming a contribution of 10% (€6,700), the loan amount would be €60,300. With an average interest rate of 3.4% over 20 years, the monthly payment would be approximately €353 (calculated based on a loan simulator).

For a rental investment, with an average rent in the area of €600 per month, the gross rental yield would be 10.7% (calculated based on the annual rent divided by the total acquisition cost). The net cash flow, considering estimated charges of €100 per month, would be €253 per month.

Energy rating

DPE Class and Consumption

The Energy Performance Diagnosis (DPE) is not specified in the listing, but it is essential for assessing energy costs. Generally, for an apartment of this size, annual energy consumption can vary between €600 and €1,200 depending on the DPE class (estimate based on average public sector data).

In the case of renovations to improve the DPE class, costs can range from €5,000 to €15,000, depending on the extent of the necessary work. Aids such as MaPrimeRénov' can be mobilized, offering grants of up to €5,000 depending on income and the type of work.

Neighborhood

Transport and Amenities

The apartment is located in the Belle de Mai neighborhood in Marseille, which benefits from good access to public transport, including the T2 tram line and several bus lines. The nearest tram station is about 500 meters away, providing quick access to the city center.

The neighborhood is also close to various shops, schools, and health services, making it attractive for families and young professionals. In terms of quality of life, the neighborhood is relatively quiet despite its proximity to major roadways, thanks to its location at the back of a courtyard.

Risks and constraints

Natural and Regulatory Risks

The Belle de Mai neighborhood is subject to moderate flooding risks according to Géorisques data. It is important to check local regulations regarding construction work and standards.

Regarding the PLU (Local Urban Plan), it is advisable to consult urban planning documents to ensure there are no future projects that could impact the apartment's value. Additionally, mandatory diagnostics must be provided by the seller, including the DPE, risk assessment, and the presence of lead or asbestos if the building is old.

Market positioning

Comparison with Similar Properties

Compared to other T2 apartments in the Belle de Mai neighborhood, this apartment is positioned below the market median, which is around €3,200 per m². Similar 24 m² apartments generally sell between €75,000 and €85,000, indicating a possible negotiation margin for the buyer. The advantages of this apartment include its overall condition, the absence of work required, and the presence of a tenant in place, which is a plus for investors. However, the lack of details on the DPE could be a point of concern.

Frequently asked questions

What are the notary fees for this purchase?

Notary fees for an old property like this apartment are estimated between 7% and 8% of the purchase price, or approximately €4,690 to €5,360.

What is the gross rental yield?

The gross rental yield is estimated at 10.7% based on an average rent of €600 per month.

Are there any works to be planned?

The apartment is in good condition and no works are to be planned according to the provided description.

What is the amount of the property tax?

The property tax for an apartment of this size in the area is generally estimated between €600 and €800 per year, according to available data.

What assistance is available for renovation?

Assistance such as MaPrimeRénov' can be mobilized for energy improvement works, offering grants of up to €5,000.

What is the Belle de Mai neighborhood?

The Belle de Mai neighborhood is a developing area of Marseille, with good access to transportation and amenities, ideal for young professionals and families.

Are there flood risks in the neighborhood?

Yes, the neighborhood is subject to moderate flood risks according to Géorisques data. It is advisable to check local regulations.

What is the average selling time for similar properties?

The average selling time for similar apartments in the area is about 3 to 6 months, depending on demand.

How does property management work?

Property management can be handled by the agency, which offers rent management and tenant relationship services.

What are the estimated monthly charges?

Monthly charges are estimated at around €100, including water and maintenance of common areas.

Are there schools nearby?

Yes, several schools and educational institutions are located nearby, which is an asset for families.

What is the general condition of the building?

The general condition of the building should be checked during the visit, but the apartment is described as being in good condition.

How does the buying process work?

The buying process involves signing a sales agreement, followed by a reflection period and obtaining financing.

All tags

rental investment profitability T2 duplex quiet American kitchen tenant in place good condition shower room close to shops close to schools close to transport Belle de Mai immediate income electric heating isolated from noise sale for sale purchase apartment apartment sale apartment for sale apartment purchase T2 F2 2 rooms 2-room apartment T2 apartment 1 bedroom 1 bedroom apartment 24m² 24 m² 24m2 less than 30m² 24m² apartment T2 24m² apartment Marseille Marseille apartment Marseille apartment sale Marseille apartment for sale Marseille apartment purchase Marseille sale Marseille for sale Marseille purchase T2 Marseille 2 rooms Marseille T2 apartment Marseille 13003 Marseille 13003 department 13 Marseille 13003 apartment

Articles

Other items from Agence Laforêt Marseille 11

About Agence Laforêt Marseille 11

View full business page

Legal name: SASU TI KAZ

Immobilier

Catchment areas

Marseille 11, 13011 Allauch, 13190 Plan-de-Cuques, 13180 Marseille, 13010 la penne sur huveaune, 13821

Contact & Location

  • Visit website