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

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

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%.

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.

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.

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.

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.

https://media.studio-net.fr/biens/32348148/x6945692e4c11e The photo presents an exterior view from a balcony, overlooking a coastal landscape. In the foreground, a parking space is visible, with a gravel surface. Trees are planted along the road, and the ocean can be seen in the distance, with visible waves. The sky is clear, with a light blue hue, indicating a sunny day. On the left, residential buildings are visible, while on the right, a promenade or path is discernible. The overall scene conveys a calm and serene atmosphere, conducive to relaxation. https://media.studio-net.fr/biens/32348148/x6945692e4c12b This image shows an apartment interior, specifically the living room. The wall is painted white, and a blue sofa with cushions is set up. A white TV unit is present, on which a flat-screen television rests. In the background, a large bay window provides access to a balcony, allowing for natural light. Maritime decorative elements, such as relief fish, are hung on the wall. The floor is covered with a light wood-like surface. The atmosphere is welcoming and bright, enhanced by the presence of natural light. https://media.studio-net.fr/biens/32348148/x6945692e4c130 The image presents a view of an apartment living room, with an angle that also shows a kitchenette. The furniture is primarily white and blue, with a sofa covered in a striped blanket. A wooden coffee table is placed in front of the sofa. The kitchenette is equipped with a sink, refrigerator, and microwave, all integrated into storage furniture. A large bay window allows access to a balcony, offering a view of the outside. The floor is light wood-like, and the lighting is provided by a hanging fixture. The overall ambiance is modern and functional. https://media.studio-net.fr/biens/32348148/x6945692e4c134 This photo shows another angle of the apartment's living room, highlighting the furniture and decoration. A striped sofa is visible, as well as a foldable dining table. The wall is decorated with maritime elements, such as relief fish. A white TV unit is present, with a television above. On the left, a door leading to another room can be seen. Natural light enters through the bay window, which provides access to a balcony. The floor is light wood-like, and the overall atmosphere is warm and welcoming.