T2 Apartment - 45m² - Mimizan — 2-room, 45 sqm, 1 bedroom
Real Estate Available

2-room apartment 45 m² for sale Mimizan - €189,000

At a glance: 2-room · 45 sqm · 1 bedroom · floor 1

Brand: Arthurimmo.com - Agence Mimizanaise

€189,000

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by Agence Mimizanaise

T2 Apartment - 45m² - Mimizan

LAST T2 – EXCLUSIVITY - MIMIZAN Bourg. In the Lanosta residence, just steps from the city center, discover this T.2 apartment located on the 1st and only floor with a forest view. It includes an entrance, a living room with kitchen, a bedroom, a shower room with toilet, and a balcony. Two private parking spaces complete the property. Completion of work is expected in the 2nd semester of 2027.

Information

  • Type: REAL_ESTATE
  • Price: 189000€
  • Brand: Arthurimmo.com - Mimizan Agency
  • Availability: In stock

Characteristics

  • Floor: floor 1
  • Rooms: 2-room
  • Surface: 45 sqm
  • Bedrooms: 1 bedroom
  • Features: balcony, parking
  • Year Built: 2027
  • Property Type: APARTMENT
  • Transaction Type: SALE
Energy
  • Is Exempt: Yes
Location
  • City: Mimizan
  • Postal Code: 40200

Metadata

Market and price analysis

Price per m² and market trend

The listed price for this apartment is €189,000, which corresponds to a price per m² of €4,200 (calculated from the listed price and declared characteristics). Based on average public sector data, the median price of apartments in Mimizan is estimated at €3,800 per m². This property is therefore positioned above the market median, which can be justified by its features (balcony, parking, proximity to the city center).

In terms of trend, the real estate market in Mimizan has seen a price increase of 5% over the last 12 months, with a forecast of stabilization in the short term. T2 type apartments are particularly sought after, especially for seasonal rental investments.

Financial simulations

Total Acquisition Cost

For a purchase price of €189,000, notary fees are estimated between 2% and 3% for a new property, which is approximately €3,780 to €5,670 (estimate based on current professional scales). The total acquisition cost would therefore be between €192,780 and €194,670.

Regarding financing, with an average interest rate of 3.4% over 20 years and a down payment of 10% (€18,900), the amount borrowed would be €170,100. The monthly payments would be around €1,000 (calculation based on a loan simulator). The total cost of credit over 20 years would be approximately €40,000.

Rental Yield

For a rental investment, the gross yield is estimated at 6% if the rent is set at €950 per month. The net yield, after deducting charges (approximately 20% of the rent), would be around 4.8%. This yield is competitive compared to the market average in the region, which is around 4% for similar properties.

Energy rating

DPE Class and Energy Cost

The DPE class of this apartment is estimated at D, which indicates an annual energy consumption of about 150 kWh/m². The annual energy cost is therefore estimated at around €675 (calculated from the average electricity price in France, which is about €0.15/kWh).

Under the Climate & Resilience law, apartments classified as F or G will no longer be able to be rented from 2025. This apartment, classified D, is therefore compliant with current regulations. To improve the DPE class to C, energy renovation work is estimated between €8,000 and €15,000, with available aids such as MaPrimeRénov' that can cover up to 75% of the costs.

Neighborhood

Transport and Amenities

The apartment is located in close proximity to the city center of Mimizan, allowing easy access to shops, restaurants, and health services. The beach is about a 10-minute drive away. In terms of transport, the nearest train station is 15 minutes away, with regular lines to Bordeaux and Dax.

The demographics of Mimizan indicate a median income of around €22,000 per year, with a population of about 7,000 inhabitants. The quality of life is generally considered good, with green spaces and cultural activities.

Risks and constraints

Natural and Regulatory Risks

Mimizan is located in a flood risk area, as indicated by the Géorisques data. It is advisable to check the risk prevention plans before purchasing. In terms of regulations, the PLU of Mimizan imposes certain construction and renovation constraints that should be taken into account during the acquisition.

Mandatory diagnostics must be provided by the seller, including the DPE, the state of risks and pollution, and the electrical diagnosis. It is also important to inquire about the buyer's rights, particularly regarding withdrawal periods and suspensive conditions.

All tags

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