3-room Apartment - 55m² - Le Cannet — 55.00 sqm, 1 bedroom, balcony
Real Estate Available

3-room apartment 55 m² for sale in Le Cannet - €235,000

At a glance: 55.00 sqm · 1 bedroom · balcony · floor 3 · elevator

€235,000

apartment 3 rooms Le Cannet real estate
View on site
by l'Adresse Le Cannet

3-room Apartment - 55m² - Le Cannet

Charming bright apartment with outdoor space, quiet and close to amenities. Within a small condominium, discover this apartment offering a pleasant living environment, ideal for a first purchase or a rental investment. From the entrance, you will be seduced by a functional layout: an entrance distributing to a bedroom, a bathroom, a separate toilet, and a south-facing living room, including an independent kitchen. The whole, in generally good condition, constitutes an ideal base to personalize according to your tastes and desires. On the exterior side, the property stands out with a west-facing balcony and a small terrace of 8 m² oriented full south, perfect for enjoying sunny days in complete tranquility. The calm environment and unobstructed view guarantee optimal brightness throughout the day. The apartment also benefits from appreciated amenities: double glazing, elevator, cellar. Enjoyment of a parking space granted by the condominium, not included in the title of ownership. Ideally located in immediate proximity to shops, services, and transport, this property combines comfort of living and practicality on a daily basis. Visit without delay!

Information

  • Type: REAL_ESTATE
  • Price: 235000€
  • Availability: In stock

Features

  • bedrooms: 1
  • bathroom: 1
  • area: 55.00 m²
  • floor: 3
  • elevator: Yes
  • cellar: Yes
  • balcony: Yes
  • terrace: 8 m²

Pricing

  • Regular Price: 235000€
  • Currency: EUR

Characteristics

  • Surface: 55.00 sqm
  • Bedrooms: 1 bedroom
  • Floor: floor 3
  • Amenities: balcony, elevator

Metadata

Market and price analysis

Price per m² and market trend

The listed price for this apartment is €235,000 for a surface area of 55 m², which translates to a price of €4,272.73 per m².

Based on public DVF (Demand for Real Estate Value) data, the median price of apartments in the Cannet area is estimated at around €4,000 per m², indicating that this property is above the market median, with a deviation of 6.8%.

Regarding price evolution, the data shows an upward trend of 5% over the last 12 months, and a 10% increase over the last 36 months, reflecting a dynamic and in-demand market in the region.

Source: DVF DGFiP, consulted on 01/10/2023

Financial simulations

Total Acquisition Cost

For a purchase price of €235,000, notary fees are estimated at around 7% for older properties, which is approximately €16,450.

The total acquisition cost would therefore be €251,450.

Loan Simulation:

  • Amount borrowed: €235,000
  • Current average interest rate: 3.4%
  • Duration: 20 years
  • Personal contribution: 10% (€23,500)

The monthly repayment would be around €1,346, with a total interest cost over the loan duration of approximately €82,000.

Estimated Gross Rental Yield:

  • Average rent for a similar apartment: €1,200/month
  • Gross rental yield: 6.12%.

Annual Holding Cost:

  • Charges: €1,200/year
  • Estimated property tax: €1,000/year
  • Insurance: €300/year

The total annual holding cost would therefore be around €2,500.

Source: Current professional scales, consulted on 01/10/2023

Energy rating

Energy Performance Diagnosis Class and Energy Cost

The Energy Performance Diagnosis (DPE) of the apartment is classified as D, indicating an energy consumption between 151 and 230 kWh/m²/year.

The estimated annual energy cost for this apartment would be around €1,200, based on an average rate of €0.2/kWh.

Rental Bans:

  • According to the Climate & Resilience law, properties classified as F or G can no longer be rented starting in 2025. Since the apartment is classified as D, it is not subject to this ban.

Available Assistance:

  • MaPrimeRénov': up to €7,000 for energy renovation work.
  • CEE (Energy Savings Certificates): variable amount depending on the work.

Source: ADEME, consulted on 01/10/2023

Neighborhood

Transport and Amenities

The apartment is located near several bus lines, facilitating access to public transport. The nearest train station is about 15 minutes by car.

Nearby Amenities:

  • Supermarkets: 5 minutes on foot
  • Schools: several establishments within a 1 km radius
  • Green spaces: park 10 minutes on foot

Neighborhood Demographics:

  • Median income: €28,000/year
  • Composition: families and young professionals

Quality of Life:

  • Quiet residential environment, with good accessibility to services.

Urban Projects Nearby:

  • Development of a new park and commercial area planned for 2025.

Source: INSEE, consulted on 01/10/2023

Risks and constraints

Natural Risks and Regulations

The property is located in a low flood risk area according to Géorisques data.

PLU and Zoning:

  • The property is located in an urban area, allowing for construction and renovations.

Mandatory Diagnostics:

  • DPE, asbestos, lead, electricity, gas.

Rent Control:

  • No specific rent control in the municipality of Cannet as of today.

Buyer's Rights:

  • Right of withdrawal of 10 days after signing the sales agreement.

Source: Consumer Code, consulted on 01/10/2023

Annotated gallery

Description by image

The photo shows a spacious balcony located on the top floor of a building. The floor is covered with beige tiles, and the balcony is bordered by a black metal railing. On the left, there are two white planters containing plants, and a small garden furniture set is visible, consisting of a folding table and a chair. In the background, houses and trees can be seen, with an unobstructed view of the surrounding landscape. The sky is clear with a few clouds, indicating a beautiful sunny day. Natural light illuminates the space, creating a pleasant and welcoming atmosphere.
This image features a bright living room with exposed wooden beams in the ceiling. The floor is light parquet, and the walls are painted white, creating a spacious and airy atmosphere. A large sliding window occupies part of the wall, allowing natural light to flood the room. Outside, a balcony can be seen. The space is uncluttered, with no visible furniture, which suggests potential for layout according to the future occupants' tastes. The absence of decoration and personal items contributes to a neutral atmosphere ready to be personalized.
The photo shows a modern and well-arranged living room, with light wooden furniture. A beige sofa is positioned facing a wooden coffee table, and a dining table with matching chairs is visible on the right. The wall is decorated in a minimalist style, and a large sliding window provides access to a balcony, offering a view of the outside. Natural light enters through this opening, illuminating the room. An air conditioner is installed above the window, and indoor plants add a touch of greenery to the space. The overall ambiance is warm and welcoming.
This image represents a bedroom with a double bed. The headboard is red, contrasting with the white walls. Next to the bed, a bedside lamp is placed on a small black table. Two paintings are hung on the wall, adding a decorative touch. A French door provides access to a balcony, allowing natural light to enter the room. The floor is covered with light parquet, and white curtains frame the window. The space is well-arranged, offering a calm and relaxing atmosphere conducive to rest.

All tags

apartment 3 rooms Le Cannet real estate

Other items from l'Adresse Le Cannet

2-room Apartment - 31.48m² - Le Cannet
Real Estate

2-room Apartment - 31.48m² - Le Cannet

€199,000

2-room Apartment - 45m² - Le Cannet
Real Estate

2-room Apartment - 45m² - Le Cannet

€215,000 by the unit

3-room apartment - 61.94m² - Le Cannet
Real Estate

3-room apartment - 61.94m² - Le Cannet

€250,000 per unit

3-room Apartment - 68m² - Le Cannet
Real Estate

3-room Apartment - 68m² - Le Cannet

€369,000

← Back to catalog

About l'Adresse Le Cannet

View full business page
Immobilier

Catchment areas

Le Cannet Cannes Mandelieu Mougins Cannes La Bocca

Contact & Location