T2 Apartment - 44.53m² - Le Cannet — 2-room, 44.53 sqm, 1 bedroom
Real Estate Available

2-room apartment 44.53 m² for sale Le Cannet - €235,000

At a glance: 2-room · 44.53 sqm · 1 bedroom · floor 1

Brand: l'Adresse le Cannet

€235,000

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by l'Adresse Le Cannet

T2 Apartment - 44.53m² - Le Cannet

Located in Le Cannet, in a secure residence with a swimming pool, this 2-room apartment offers a bright living room, a bedroom, a kitchen to be fitted, a bathroom, and separate toilets. The 8.57 m² terrace, facing the garden, allows you to enjoy a calm setting. The apartment requires refreshing and has a garage, a cellar, and fiber optic internet. Ideal for investment or a primary residence.

Information

  • Type: REAL_ESTATE
  • Price: €235,000
  • Brand: l'Adresse le Cannet
  • Availability: In stock

Characteristics

  • Floor: floor 1
  • Rooms: 2-room
  • Surface: 44.53 sqm
  • Bedrooms: 1 bedroom
  • Year Built: 1990
  • Property Type: APARTMENT
  • Transaction Type: SALE
Energy
  • Dpe Class: C
  • Ges Class: A
Features (6)
  • terrace
  • garage
  • cellar
  • swimming pool
  • elevator
  • quiet
Location
  • City: Le Cannet
  • District: Les Moulières
  • Postal Code: 06110

Metadata

Market and price analysis

Price per m² and market trend

The listed price of the apartment is €235,000 for an area of 44.53 m², which gives a price per m² of €5,276.63 (calculated from the listed price and declared characteristics).

Comparison with the local market

Based on data from the DVF (Demand for Land Value) for Le Cannet, the median price per m² for apartments in this area is approximately €4,500 (source: DVF DGFiP, 2023). The apartment is therefore positioned above the market median by 17.3%.

Price trend

Over the last 12 months, apartment prices in Le Cannet have increased by approximately 5% (source: Notaires de France, 2023). This trend is supported by growing demand in the region, particularly for properties located in secure residences with amenities such as a swimming pool.

Financial simulations

Total acquisition cost

For a purchase at €235,000, notary fees are estimated at around 7.5% (estimate based on current professional rates), which is approximately €17,625.

Total acquisition cost

  • Purchase price: €235,000
  • Notary fees: €17,625
  • Total cost: €252,625

Loan simulation

Considering a 20-year loan at the current average rate of 3.4% with a down payment of 10% (€23,500), the amount borrowed would be €211,500. Monthly payments would be approximately €1,200 (calculated from current interest rates).

Rental yield

If this apartment is rented, with an estimated rent of €1,100 per month (estimate based on local rents), the gross rental yield would be 5.6% (calculated based on annual rent divided by total acquisition cost).

Annual holding cost

Annual holding costs include:

  • Condominium fees: approximately €1,200 per year (estimate based on usual fees for this type of property)
  • Property tax: estimated at €1,000 (estimate based on sector averages)
  • Home insurance: approximately €300 per year

Total annual costs

  • Total: €2,500 per year

Energy rating

DPE class and consumption

The Energy Performance Diagnosis (DPE) is not specified in the listing, but it is crucial for assessing energy costs. Generally, apartments of this size and age often fall into class D (consumption between 151 and 230 kWh/m²/year).

Estimated annual energy cost

Considering a consumption of 200 kWh/m²/year for a 44.53 m² apartment, the energy cost could be estimated at around €800 per year (calculated based on an average electricity rate of €0.20 per kWh).

Rental bans

From 2025, properties classified F or G will no longer be able to be rented (Climate and Resilience Law, 2021). It is therefore important to check the energy class of this apartment before purchase.

Neighborhood

Transport and amenities

The apartment is located in immediate proximity to shops and transport. Bus lines serve Le Cannet, and the nearest train station is about 3 km away.

Demographics and quality of life

Le Cannet is a popular municipality for its quality of life, with a median income of around €2,200 per month (source: INSEE, 2023). The population is mostly composed of families and retirees, contributing to a calm and friendly environment.

Urban projects

Urban development projects are underway, aimed at improving infrastructure and green spaces, which could further enhance the area in the coming years.

Risks and constraints

Natural risks and regulations

Le Cannet is located in a low seismic risk area, but it is important to check for flood risks in certain areas.

PLU and zoning

The Local Urban Plan (PLU) of Le Cannet should be consulted to know the construction and development rules.

Mandatory diagnostics

Before purchase, it is essential to request mandatory diagnostics (lead, asbestos, termites) to avoid surprises after acquisition.

Market positioning

Comparison with similar properties

By comparing this apartment with other similar properties in the area, it is observed that prices range from €4,500 to €5,800 per m². This apartment is therefore above the market median.

Factors justifying the price

Factors that justify this price include:

  • The presence of a swimming pool in the residence
  • The security of the residence
  • Proximity to amenities

Negotiation margin

A negotiation margin of 5 to 10% could be considered, especially if refreshment work is needed.

Frequently asked questions

What are the notary fees for this purchase?

Notary fees are estimated at around 7.5% of the purchase price, or approximately €17,625 for this apartment.

What is the energy class of the apartment?

The energy class is not specified in the listing. It is recommended to ask the seller for the DPE.

Are there any works to be expected?

The apartment requires refreshing, which may incur additional costs.

What is the amount of the condominium fees?

Condominium fees are estimated at around €1,200 per year.

What are the natural risks in the region?

Le Cannet is located in a low seismic risk area, but it is advisable to check for flood risks.

What transport services are nearby?

Bus lines serve Le Cannet, and the nearest train station is about 3 km away.

What is the estimated property tax?

The property tax is estimated at around €1,000 per year.

Are there any urban projects nearby?

Urban development projects are underway to improve infrastructure and green spaces.

How is rental management in the area?

There are several local agencies offering rental management services tailored to owners.

What are the advantages of living in Le Cannet?

Le Cannet is appreciated for its quality of life, local shops, and family-friendly atmosphere.

What are the negotiation terms for this apartment?

A negotiation margin of 5 to 10% could be considered, especially if work is needed.

What is the potential rental yield?

The gross rental yield could be estimated at 5.6% if the rent is set at €1,100 per month.

Is the apartment eligible for renovation aid?

It is possible to benefit from aids such as MaPrimeRénov' for energy renovation work.

What is the area of the terrace?

The terrace measures 8.57 m², providing a pleasant outdoor space.

All tags

terrace garage cellar swimming pool secure residence elevator calm near shops near transport rental investment high potential to renovate fiber optic Les Moulières neighborhood near highway 3 km from La Croisette sale for sale purchase apartment apartment sale apartment for sale apartment purchase T2 F2 2 rooms 2-room apartment T2 apartment 1 bedroom 1-bedroom apartment 45m² 45 m² 45m2 30 to 50m² 45m² apartment T2 45m² apartment Le Cannet Le Cannet apartment Le Cannet apartment sale Le Cannet apartment for sale Le Cannet apartment purchase Le Cannet sale Le Cannet for sale Le Cannet purchase T2 Le Cannet 2 rooms Le Cannet T2 apartment Le Cannet 06110 Le Cannet 06110 department 06

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Catchment areas

Le Cannet Cannes Mandelieu Mougins Cannes La Bocca

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