2-room Apartment - 31.48m² - Le Cannet — 31.48 sqm, 1 bedroom
Real Estate Available

2-room apartment 31.48 m² for sale Le Cannet - €199,000

At a glance: 31.48 sqm · 1 bedroom

€199,000

real estate apartment Le Cannet 2 rooms garden-level
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by l'Adresse Le Cannet

2-room Apartment - 31.48m² - Le Cannet

Le Cannet garden-level apartment, bright, with parking. Located within a well-maintained small condominium, this two-room garden-level apartment will charm you with its tranquility, brightness, and pleasant opening to the outside. The apartment consists of a bright living room with an open, functional, and discreetly integrated kitchen, directly leading to the garden, ideal for enjoying an indoor/outdoor space on a daily basis. The bedroom, quiet, also benefits from beautiful natural light. A shower room with WC completes the ensemble. The apartment offers a fluid layout, pleasant to live in, with a true house spirit thanks to the garden level. Sought-after location in Le Cannet: Immediately close to shops, schools, transport, and daily amenities, while maintaining a peaceful residential environment. A parking space completes this property, a real asset in the area. Ideal first purchase, pied-à-terre, or rental investment, this property ticks all the boxes for a practical and comfortable life. To be visited without delay.

Information

  • Type: REAL_ESTATE
  • Price: 199000€
  • Availability: In stock

Features

  • surface: 31.48 m²
  • bedrooms: 1
  • shower_room: 1
  • parking: 1 space
  • condition: Good Condition
  • ground_floor: Yes

Pricing

  • Regular Price: 199000€
  • Currency: EUR

Characteristics

  • Surface: 31.48 sqm
  • Bedrooms: 1 bedroom

Metadata

Market and price analysis

Price per m² and market trend

The apartment is offered at €199,000 for an area of 31.48 m², which gives a price per m² of €6,317.24.

Based on data from the DVF (Demand for Property Value), the median price per m² for apartments in Cannet is around €4,500 to €5,500 depending on the neighborhoods (source: DVF, consulted in October 2023). Thus, the price of this apartment is 14.9% higher than the market median.

In terms of trend, the real estate market in Cannet has seen a price increase of about 5% per year over the last two years, with a slight stabilization observed recently. This trend is supported by a constant demand for real estate in this area, due to its proximity to Cannes and local amenities.

Financial simulations

Total Acquisition Cost

The total acquisition cost for this apartment includes the purchase price of €199,000 and notary fees estimated between 7% and 8% for an older property. This represents an amount of €13,930 to €15,920.

Thus, the total acquisition cost ranges between €212,930 and €214,920.

For a mortgage loan at an average rate of 3.4% over 20 years with a down payment of 10% (€19,900), the amount borrowed would be €179,100. The monthly payments would be approximately €1,022 (calculation based on a loan simulator).

Rental Yield

If this apartment is rented, the estimated monthly rent for a 2-room apartment in Cannet is around €1,000 (source: local market data). This would give a gross rental yield of 6.03% (calculated on the purchase price). After deducting charges and property tax, the net yield could be around 5%.

The applicable taxation for a rental investment may include the LMNP (Non-Professional Furnished Rental) regime if the property is rented furnished, allowing for depreciation on furniture and deductible charges.

Energy rating

DPE Class and Energy Costs

The apartment is classified DPE D, which indicates an estimated annual energy consumption between 151 and 230 kWh/m² (source: DPE, consulted in October 2023).

The estimated annual energy cost for this apartment could range between €800 and €1,200 depending on usage (heating, hot water, electricity).

According to the Climate & Resilience law, properties classified F and G will no longer be able to be rented starting in 2025, which does not concern this apartment, but it is advisable to plan for energy improvement work to increase performance.

Renovation Aid

To improve energy performance, several aids can be mobilized, such as MaPrimeRénov' and the Energy Savings Certificates (CEE). The amounts of the aids vary, but can range from €1,500 to €5,000 depending on the planned work.

Neighborhood

Transport and Amenities

The apartment is located in immediate proximity to shops, schools, and transport. The nearest bus line is a 5-minute walk away, providing quick access to Cannes and other surrounding cities. The neighborhood is primarily residential, with green spaces and facilities suitable for families.

The demographics of Cannet show a median income of about €2,500 per month, with a diverse population. The quality of life is generally considered good, with a low crime rate and easy access to services.

Risks and constraints

Natural Risks and Regulations

Le Cannet is located in a low flood risk area, according to Géorisques data. However, it is important to check the easements and the PLU (Local Urban Planning) to ensure that the property complies with current standards.

Regarding rent control, no specific regulations currently apply to Le Cannet, but it is advisable to follow legislative developments.

Annotated gallery

Image Description

The image shows a landscaped outdoor space, probably a garden or terrace. The ground is covered with synthetic grass, creating a green atmosphere. On the left, a dark brown wooden wall defines the space, while on the right, a blue-painted wall features a foliage pattern, adding an artistic touch. A pallet sofa, covered with neutral-colored cushions, is placed in the center, accompanied by a round wooden coffee table. Decorative elements such as a plant pot with a lemon tree, a lantern, and potted plants are visible, contributing to a welcoming atmosphere. String lights are hung above, suggesting nighttime use of the space. The lighting is natural, probably at the end of the day, with a soft light highlighting the colors of the elements present.
This image shows an outdoor terrace, featuring a terracotta tiled floor. On the left, a wooden table with two folding chairs is set up, accompanied by a tablecloth and a bottle of wine. A pallet sofa, similar to the one in the other image, is placed on the right, adorned with cushions in neutral tones. A gray pouf is also visible in the foreground. The terrace is surrounded by lush hedges, providing some privacy. In the background, residential buildings are visible, along with a clear blue sky, indicating a beautiful sunny day. String lights are hung, adding a friendly atmosphere. The space seems conducive to relaxation and outdoor dining.
The image shows an apartment interior, mainly a living room. The walls are painted white, and the ceiling is slightly sloped, creating a sense of space. A beige sofa, adorned with cushions in various shades, is placed in the center, facing a round wooden coffee table. On the left, a rattan chair is visible, accompanied by a lantern. A light gray rug covers the parquet floor, adding a touch of comfort. In the background, an open kitchen is partially visible, with light-colored kitchen cabinets and a blue countertop. A soft light emanates from a floor lamp, contributing to a warm atmosphere. The overall room appears modern and welcoming, well-maintained.
This image presents a modern bathroom. The walls are tiled in white, and the floor is made of wood-like material. A glass shower is visible on the left, with chrome fittings. On the right, a light wood vanity unit is equipped with a rectangular sink, with a mirror above. Skincare products and a small plant adorn the vanity. A towel rack is hung next to the sink. The ceiling is decorated with a wicker light fixture, bringing a natural touch to the space. The entire bathroom is well-lit, creating a clean and modern atmosphere.

All tags

real estate apartment Le Cannet 2 rooms garden-level

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Le Cannet Cannes Mandelieu Mougins Cannes La Bocca

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