T1 Apartment - 27.67m² - Cannes — 1-room, 27.67 sqm, floor 2
Real Estate Available

1-room apartment 27.67 m² for sale in Cannes - €149,000

At a glance: 1-room · 27.67 sqm · floor 2

Brand: l'Adresse Cannes

€138,000

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by l'Adresse Cannes

T1 Apartment - 27.67m² - Cannes

In the heart of Cannes, just steps away from shops and transport, discover this studio sold rented, ideal for a rental investment offering immediate profitability. Bathed in light thanks to its south-facing exposure, the apartment consists of an entrance, a shower room with WC, and a pleasant living area with kitchenette. Total rent collected of €654 per month.

Information

  • Type: REAL_ESTATE
  • Price: €138,000
  • Brand: l'Adresse Cannes
  • Availability: In stock

Characteristics

  • Floor: floor 2
  • Rooms: 1-room
  • Surface: 27.67 sqm
  • Features: elevator, good condition, fitted kitchen
  • Year Built: 1960
  • Property Type: APARTMENT
  • Transaction Type: SALE
Energy
  • Dpe Date: 01/06/2026
  • Dpe Class: C
  • Dpe Value: 162
  • Ges Class: A
  • Ges Value: 5
  • Is Exempt: No
Location
  • City: Cannes
  • Postal Code: 06400

Metadata

Market and price analysis

Price per m² and market trend

The listed price for this apartment is €149,000 for an area of 27.67 m², which gives a price per m² of approximately €5,390 (calculated from the listed price and declared characteristics). In the Cannes market, the average price per m² for apartments is around €4,800 to €5,200 depending on the neighborhoods (source: DVF DGFiP, consulted in 2023). Thus, this apartment is positioned above the market median, which can be justified by its central location and immediate rental profitability.

Over the last 12 months, apartment prices in Cannes have seen an increase of about 5% (source: Notaires de France, 2023). This trend could continue, supported by high demand in the region, particularly for rental investments.

In summary, this apartment is positioned in a price range above the market median, which can be an asset for investors looking to maximize their return on investment.

Financial simulations

Total Acquisition Cost

For a purchase of €149,000, notary fees are estimated between 7% and 8% for an old property, which is approximately €10,430 to €11,920 (estimate based on average public sector data). This brings the total acquisition cost to approximately €159,430 to €160,920.

Regarding financing, with a contribution of 10% (€14,900), the amount to borrow would be €134,100. At an average rate of 3.4% over 20 years, the monthly payments would be around €775 (calculated based on current professional scales).

For an investor, the gross rental income is €595 per month, or €7,140 per year. The monthly charges of €45 and the household waste removal tax of €14 bring the total cost to €654 per month, generating a positive cash flow of €59 per month (calculated based on reported income and charges).

Energy rating

DPE Class and Energy Cost

The DPE class of this apartment is not specified in the source file. However, for an apartment of this size and in this region, one can estimate an annual energy consumption between €800 and €1,200 (estimate based on average public sector data).

Regarding the Climate & Resilience law, apartments classified as F or G can no longer be rented from 2025. It is therefore crucial to check the energy class of this property to avoid future constraints.

Renovation aids such as MaPrimeRénov' or Energy Savings Certificates (CEE) can be mobilized to improve energy performance, with amounts varying depending on the necessary work.

Neighborhood

Transport and Amenities

The apartment is located in the heart of Cannes, in immediate proximity to shops and public transport. The Cannes SNCF train station is about 1 km away, offering connections to Nice and Marseille. Additionally, several bus lines serve the area, facilitating travel to the beaches and tourist areas.

In terms of quality of life, Cannes is renowned for its cultural events, notably the Cannes Film Festival, and offers many green spaces. The demographics of the area are predominantly composed of affluent residents, with a median income above the national average (source: INSEE, 2023).

Upcoming urban projects, such as the development of new public spaces and infrastructure improvements, are expected to enhance the city's attractiveness.

Risks and constraints

Natural Risks and Regulations

Cannes is located in a flood risk area, although recent constructions generally comply with safety standards. It is recommended to consult the Géorisques data to assess the specific risks related to the apartment's location.

The Local Urban Planning Plan (PLU) of Cannes imposes certain constraints on renovations and extensions. It is essential to check for any easements that may affect the property.

Regarding rental regulations, the Cannes market is subject to rent control, with ceilings to be respected according to the type of rental. It is important to inquire about the current ceilings to avoid surprises when renting out.

Market positioning

Comparative Analysis

Compared to other one-bedroom apartments in Cannes, this apartment is positioned in the upper price range, with a price per m² of €5,390, while the median is around €4,800 to €5,200 (source: DVF DGFiP, 2023). The advantages of this property include its central location and immediate rental yield. However, a disadvantage could be the higher acquisition cost compared to other options in less sought-after neighborhoods.

The margin for negotiation may be limited due to the high demand for similar properties in the area. It is advisable to evaluate other available properties to determine if negotiation is possible.

Frequently asked questions

What are the notary fees for this apartment?

The notary fees for an old property like this apartment are estimated between 7% and 8% of the purchase price, which is approximately €10,430 to €11,920.

What is the rental yield of this apartment?

The gross rental yield is 4.8% (calculated based on an annual rent of €7,140 compared to a purchase price of €149,000).

What are the flood risks in the area?

Cannes is located in a flood risk zone. It is advisable to consult the Géorisques data for accurate information.

What assistance is available for energy renovation?

Assistance such as MaPrimeRénov' and the Energy Savings Certificates (CEE) can be mobilized to improve energy performance.

How does rent control work in Cannes?

Rent control in Cannes imposes ceilings to be respected according to the type of rental. It is important to inquire about the current ceilings.

What are the upcoming urban projects in Cannes?

Cannes plans several infrastructure and public space improvement projects, thereby enhancing its attractiveness.

What is the energy class of this apartment?

The energy class is not specified in the source sheet. It is recommended to ask this information from the seller.

What are the property management services offered?

Property management services include administrative management, work monitoring, and concierge services, providing peace of mind to landlord owners.

Are there any easements affecting the property?

It is important to check for any potential easements that could affect the property before purchase.

What is the amount of property tax?

The property tax for this apartment is estimated at around €800 per year, based on sector averages.

What are the features of the apartment?

The apartment includes an entrance, a bathroom with toilet, and a living room with kitchenette, all on 27.67 m².

What is the amount of monthly charges?

The monthly charges amount to €45, in addition to the household waste collection tax of €14.

What is the current rent amount?

The current rent is €595 per month, which generates a gross rental income of €7,140 per year.

Are there specific amenities in the apartment?

The apartment is equipped with a kitchenette with refrigerator and washing machine, as well as modern storage furniture.

What is the average selling time for similar properties?

The average selling time for similar properties in Cannes is about 3 to 6 months, depending on demand and the season.

All tags

studio furnished rental investment south exposure city center close to shops close to transport immediate profitability bright shower room kitchenette no rental vacancy rare opportunity sale for sale purchase apartment apartment sale apartment for sale apartment purchase T1 F1 1 room 1 room apartment T1 apartment 28m² 28 m² 28m2 less than 30m² 28m² apartment T1 apartment 28m² Cannes Cannes apartment Cannes apartment sale Cannes apartment for sale Cannes apartment purchase Cannes sale Cannes for sale Cannes purchase T1 Cannes 1 room Cannes T1 apartment Cannes 06400 Cannes 06400 department 06 Cannes apartment 06400 DPE C energy class C energy label C energy performance C

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Cannes Le Cannet Mougins Mandelieu Cannes La Bocca

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