2-room Apartment - 74m² - Le Cannet — 74.00 sqm, 1 bedroom, floor 1
Real Estate Available

2-room apartment 74 m² for sale Le Cannet - €383,000, sea view

At a glance: 74.00 sqm · 1 bedroom · floor 1 · elevator

€383,000

real estate apartment sea view Le Cannet
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by l'Adresse Cannes

2-room Apartment - 74m² - Le Cannet

LE CANNET, in a calm and sought-after residential area, discover this T2 apartment offering a magnificent sea view and great potential for development. With a generous surface area, it currently consists of a bright double living room, a bedroom, an independent kitchen, a shower room, and a separate toilet. Thanks to its configuration, this property can easily be transformed into a T3 according to your needs, ideal for a primary residence or an investment. To complete this property, a box and a cellar.

Information

  • Type: REAL_ESTATE
  • Price: 383000€
  • Availability: In stock

Features

  • bedrooms: 1
  • shower rooms: 1
  • surface: 74.00 m²
  • floor: 1
  • elevator: Yes
  • cellar: Yes
  • garage: Box

Pricing

  • Regular Price: 383000€
  • Currency: EUR

Characteristics

  • Surface: 74.00 sqm
  • Bedrooms: 1 bedroom
  • Floor: floor 1
  • Amenities: elevator

Metadata

Market and price analysis

Price per m² and market trend

The listed price for this apartment is €383,000 for an area of 74 m², which corresponds to a price of €5,173/m².

Comparison with the local market

Based on data from the DVF (Demand for Real Estate Values), the median price of apartments in Le Cannet is around €4,500/m², which means this apartment is above the market median by 15%.

Price trend

Apartment prices in Le Cannet have seen an increase of about 5% per year over the last three years, according to data from INSEE. This trend is supported by the growing demand for properties with sea views and in quiet residential neighborhoods.

Financial simulations

Total Acquisition Cost

For a price of €383,000, notary fees are estimated at around 7% for an old property, or about €26,810.

Loan Simulation

With a contribution of 10% (€38,300), the amount to be financed would be €344,700.

  • Current average interest rate: 3.4% over 20 years.
  • Estimated monthly payments: €1,800 per month.

Rental Yield

If this apartment is rented, the monthly rent could be estimated at €1,500, which would give a gross rental yield of 4.7%.

Annual Holding Cost

  • Property tax: Estimate based on the sector average, about €1,200 per year.
  • Condominium fees: Estimated at €1,000 per year.

Total annual: €2,200.

Energy rating

DPE Class and Consumption

The DPE class of this apartment is D, indicating an energy consumption between 151 and 230 kWh/m²/year.

Estimated Annual Energy Cost

Based on average consumption, the estimated annual energy cost could be around €1,200 per year.

Rental Bans

According to the Climate & Resilience law, properties classified as F or G can no longer be rented from 2025. This apartment, classified D, will not be affected by this ban.

Available Assistance

Assistance such as MaPrimeRénov' can be mobilized for energy improvement work, with amounts varying between €1,500 and €5,000 depending on the work carried out.

Neighborhood

Transport and Amenities

The apartment is located near public transportation, including bus and tram stops within 500 meters. Cannes train station is about 3 km away, providing quick access to Nice and other cities on the French Riviera.

Amenities

The neighborhood has several local shops, schools, and health centers.

Demographics

Le Cannet is a sought-after neighborhood, with a median income of around €30,000 per year, and a population mainly composed of families and retirees.

Quality of Life

The neighborhood is known for its tranquility, green spaces, and proximity to the sea, making it a pleasant place to live.

Risks and constraints

Natural Risks and Regulations

The Le Cannet area is classified as having a low risk of flooding, according to Géorisques data.

PLU and Zoning

The Local Urban Planning Plan (PLU) allows constructions up to 3 stories in this area, which may influence the long-term valuation of the apartment.

Mandatory Diagnostics

All property diagnostics must be provided at the time of sale, including the Energy Performance Certificate (DPE), the state of risks and pollution (ERP), and asbestos if applicable.

Market positioning

Comparison with Similar Properties

This apartment is positioned above the market median.

Advantages

  • Stunning sea view.
  • Potential for conversion to T3.
  • Garage and cellar included.

Disadvantages

  • Price per m² higher than the median.
  • Residential area, which may limit attractiveness for young professionals.

Frequently asked questions

What are the notary fees for this purchase?

Notary fees for an old property generally range from 7% to 8% of the sale price, which is approximately €26,810 for this apartment.

What is the energy class of the apartment?

The apartment is rated D according to the DPE, which indicates an energy consumption between 151 and 230 kWh/m²/year.

Are there flood risks in the area?

The Le Cannet area is classified as low flood risk according to Géorisques data.

What rental management services are offered?

The agency offers comprehensive rental management services, including tenant search, lease drafting, and rent management.

What are the available financing options?

The financing options include traditional mortgage loans, with an average rate of 3.4% over 20 years, and potential assistance for first-time buyers.

How does the purchasing process work?

The purchasing process includes visiting the property, negotiating the price, signing a preliminary sales agreement, and signing the authentic deed at the notary.

What are the deadlines to finalize a sale?

The deadlines to finalize a real estate sale can vary from 3 to 6 months, depending on the conditions precedent and the availability of the notary.

Are there condominium fees?

The condominium fees are estimated at around €1,000 per year for this apartment.

What work is necessary to improve energy performance?

Insulation work and window replacement can be considered to improve the energy performance of the apartment.

What are the vacation rental options?

The apartment can be rented seasonally, with an estimated rent of €1,500 per month, which is attractive to tourists.

What are the benefits of living in Le Cannet?

Le Cannet offers a pleasant living environment, with green spaces, proximity to the sea, and easy access to amenities.

Annotated gallery

Description by image

The image shows a balcony with an unobstructed view of the sea. A small garden furniture set is visible, consisting of a round table and metal chairs, with synthetic leather seats in orange. In the center of the table, a geometric-shaped vase is placed, adding a decorative touch. The railing is made of white metal, and the balcony floor appears to be light tiled. In the background, the sea is visible, with a clear horizon line and a sunny sky, indicating a bright and pleasant atmosphere. The surrounding vegetation is lush, with trees and bushes framing the view, enhancing the peaceful aspect of the environment.
This image features a modern and well-designed kitchen. The kitchen furniture is light-colored, with light wood facades and black countertops. On the left, a sink is integrated into the countertop, next to a built-in oven and a microwave. Shelves are visible above, as well as a storage space. A dining area is arranged with a small wooden table and a chair, located near a window that lets in natural light. Outside the window, greenery can be seen, adding a touch of nature to the space. The floor is beige tiled, and the lighting is provided by recessed ceiling spots, creating a bright ambiance.
The image shows a spacious and well-decorated bedroom. The bed is equipped with a beige upholstered headboard, with matching sheets. Next to the bed, a light wood bedside table is visible, on which a bedside lamp rests. Above the table, a photo frame and a small plant add a personal touch to the space. The wall is decorated with an abstract painting and a few framed photos. A large mirror is located opposite the bed, reflecting the space and creating an impression of depth. The floor is light parquet, and a golden metal chandelier hangs from the ceiling, adding a touch of elegance to the room.
This image presents an entrance hallway of an apartment. The floor is light parquet, and the walls are painted in a neutral color. On the left, an orange fabric curtain is drawn, hiding a window. The hallway leads to several doors: one on the right, which seems to lead to a room, and another on the left, which appears to be a closet or storage room. The lighting is provided by natural light coming through the window, creating a welcoming atmosphere. The space is clear, with no visible clutter, suggesting good circulation.

All tags

real estate apartment sea view Le Cannet

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Cannes Le Cannet Mougins Mandelieu Cannes La Bocca

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