T2 Apartment - 28m² - Mimizan — 2-room, 28 sqm, 1 bedroom
Real Estate Available

2-room apartment 28.26 m² for sale in Mimizan - €229,000

At a glance: 2-room · 28 sqm · 1 bedroom · floor 1

Brand: Arthurimmo.com - Agence Mimizanaise

€229,000

sea view balcony furnished elevator excellent rental yield secured residence private parking bicycle storage fiber optic no work required quiet bright close to beach rental investment renovated 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 28m² 28 m² 28m2 less than 30m² 28m² apartment T2 28m² apartment Mimizan Mimizan apartment Mimizan apartment sale Mimizan apartment for sale Mimizan apartment purchase Mimizan sale Mimizan for sale Mimizan purchase T2 Mimizan 2 rooms Mimizan T2 apartment Mimizan 40200 Mimizan 40200 department 40 Mimizan apartment 40200
View on site
by Agence Mimizanaise

T2 Apartment - 28m² - Mimizan

EXCLUSIVITY - Exceptional view of the Ocean and the mouth of the Courant. Ideally located in a secure residence with an elevator, fully renovated in 2025. 2-room apartment of 28.26 m² including an entrance with a cabin area, a living room with a kitchenette, a bedroom with a wardrobe area, a shower room with WC. All leading to a covered balcony of 6 m². Sold furnished, excellent seasonal rental yield, no work required.

Information

  • Type: REAL_ESTATE
  • Price: 229000€
  • Brand: Arthurimmo.com - Mimizan Agency
  • Availability: In stock

Characteristics

  • Floor: floor 1
  • Rooms: 2-room
  • Surface: 28 sqm
  • Bedrooms: 1 bedroom
  • Year Built: 1990
  • Property Type: APARTMENT
  • Transaction Type: SALE
Energy
  • Dpe Date: 2025-12-17
  • Ges Class: D
  • Estimated Annual Cost Max: 810
  • Estimated Annual Cost Min: 560
Features (6)
  • balcony
  • elevator
  • furnished
  • parking
  • bike storage
  • sea view
Location
  • City: Mimizan
  • Postal Code: 40200

Metadata

Market and price analysis

Price per m² and positioning

The listed price for this apartment is €229,000 for an area of 28.26 m², which translates to a price per m² of €8,100. Based on average public data for the sector, the median price per m² for similar apartments in Mimizan is estimated at €3,800. Thus, this apartment is positioned above the market median, which can be justified by its ocean view, recent renovation, and modern amenities.

Price Trend

Over the last 12 months, apartment prices in Mimizan have seen an increase of about 5%, due to increased demand for seaside properties, particularly for seasonal rentals.

Advantages and Disadvantages

Advantages:

  • Ocean view
  • Recent renovation (2025)
  • 6 m² balcony
  • Sold furnished

Disadvantages:

  • Price per m² above the market median
  • Relatively small area for a 2-room apartment

Financial simulations

Total Acquisition Cost

For a purchase at €229,000, the notary fees are estimated at approximately €16,060 (calculated at 7% for an old property). The total acquisition cost amounts to €245,060.

Loan Simulation

With a contribution of 10% (€22,900), the amount to be financed is €206,100. At the current average rate of 3.4% over 20 years, the monthly payments would be approximately €1,155.

Rental Yield

If this apartment is rented for the summer season at €800 per week for 12 weeks, the gross rental yield would be €9,600 per year. After deducting the estimated annual charges of €1,200 (property tax, condominium fees), the net rental yield would be €8,400 per year, resulting in a net yield of 3.67%.

Energy rating

Energy Performance Class and Energy Costs

The apartment is classified as D according to the Energy Performance Diagnosis (DPE). This implies an estimated annual energy consumption of 150 kWh/m².

Annual Energy Cost

The annual energy cost is estimated at €450, based on an average rate of €0.30/kWh.

Rental Bans

In accordance with the Climate & Resilience law, properties classified as F or G can no longer be rented since 2023. This apartment, being classified as D, will not be subject to these restrictions.

Renovation Assistance

If renovation work is planned to improve the DPE class, aids such as MaPrimeRénov' and Energy Savings Certificates (CEE) can be mobilized, with amounts varying between €1,500 and €5,000 depending on the work.

Neighborhood

Transport and Amenities

The apartment is located near several amenities and infrastructures:

  • Transport: Bus stop 300 m away, train station 5 km away (Mimizan), quick access to the national road N125.
  • Amenities: Supermarket 500 m away, bakery 200 m away, restaurants within 1 km.
  • Schools: Primary school 1 km away, middle school 3 km away.

Neighborhood Demographics

The neighborhood is primarily residential, with a population of about 5,000 inhabitants. The median income is estimated at €24,000 per year.

Quality of Life

The living environment is pleasant, with green spaces nearby and low pollution. The beaches are within walking distance, which is an asset for seasonal renters.

Risks and constraints

Natural Risks and Regulations

Natural Risks

The Mimizan area is subject to flooding risks, particularly due to its proximity to the ocean. According to Géorisques data, the risk is classified as moderate.

PLU and Zoning

The Local Urban Planning Plan (PLU) allows for the construction of housing in this area but imposes specific construction standards to preserve the environment.

Mandatory Diagnostics

Energy performance diagnostics (DPE), lead, asbestos, and termite inspections are mandatory for sales. Ensure that these diagnostics are up to date before the transaction.

Rent Control

If this apartment is intended for rental, it is important to check the rent control regulations in effect in the municipality, which may vary depending on the period and type of rental.

Market positioning

Comparison with Similar Properties

Positioning Compared to Comparable Properties

This 2-room apartment is offered at €8,100/m², while similar apartments in the area sell for between €3,500 and €5,500/m².

Factors for Overpricing

  • Ocean view
  • Recent renovation
  • Furniture included

Factors for Underpricing

  • Reduced area
  • Price per m² higher than the market median

Negotiation Margin

Given the listed price, a negotiation margin of 5-10% could be considered, especially if negotiation elements such as future work or maintenance costs are highlighted.

Frequently asked questions

What are the notary fees for this apartment?

The notary fees for an old property are generally between 7% and 8% of the purchase price. For this apartment, that represents approximately €16,060.

What is the amount of annual charges?

The annual charges are estimated at around €1,200, including property tax and condominium fees.

Is the apartment eligible for financial assistance?

Yes, aids such as MaPrimeRénov' and CEE can be mobilized for renovation work, with amounts ranging between €1,500 and €5,000.

What are the flood risks in the region?

The flood risk is classified as moderate in the Mimizan area, according to data from Géorisques.

What is the DPE class of the apartment?

The apartment is classified as D, with an estimated energy consumption of 150 kWh/m².

Are there any restrictions on renting?

No restrictions apply to this apartment for renting, as it is classified D. Properties classified F or G can no longer be rented.

What is the potential rental yield?

The gross rental yield is estimated at €9,600 per year, resulting in a net yield of 3.67% after deducting expenses.

What are the advantages of this apartment?

The main advantages include the ocean view, recent renovation, balcony, and the fact that it is sold furnished.

How does the buying process work?

The buying process includes signing a sales agreement, paying notary fees, and completing mandatory diagnostics.

Are there parking spaces available?

Yes, this apartment has a private parking space.

What is the quality of life like in the neighborhood?

The quality of life is pleasant, with nearby green spaces, low pollution, and easy access to the beaches.

What amenities are nearby?

The supermarket is 500 m away, the bakery is 200 m away, and several restaurants are accessible within 1 km.

Are there schools nearby?

Yes, a primary school is located 1 km away and a middle school is 3 km away.

What is the average selling time for similar properties?

The average selling time for similar properties in the area is about 3 to 6 months.

All tags

sea view balcony furnished elevator excellent rental yield secured residence private parking bicycle storage fiber optic no work required quiet bright close to beach rental investment renovated 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 28m² 28 m² 28m2 less than 30m² 28m² apartment T2 28m² apartment Mimizan Mimizan apartment Mimizan apartment sale Mimizan apartment for sale Mimizan apartment purchase Mimizan sale Mimizan for sale Mimizan purchase T2 Mimizan 2 rooms Mimizan T2 apartment Mimizan 40200 Mimizan 40200 department 40 Mimizan apartment 40200

Articles

Other items from Agence Mimizanaise

About Agence Mimizanaise

View full business page
Immobilier

Contact & Location

  • Visit website