2-room Apartment - 45m² - Le Cannet — 1 bedroom, floor 3
Real Estate Available

2-room apartment 45 m² for sale Le Cannet - €215,000

At a glance: 1 bedroom · floor 3

€215,000 by the unit

real estate apartment Le Cannet 2 rooms 45 m²
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by l'Adresse Le Cannet

2-room Apartment - 45m² - Le Cannet

In a well-maintained and appreciated residence, discover this 2-room apartment with great potential, ideal for a first purchase, an investment, or a pied-à-terre. The apartment consists of a bright living room opening onto a pleasant terrace, a bedroom, an independent kitchen (or to be arranged according to your desires), as well as a bathroom and separate WC. The whole requires refreshing, thus offering a great opportunity to rethink it to your taste. A cellar completes this property, a real plus in the area. Possibility of acquiring a garage in addition to the price. The neighborhood is calm, residential, and sought after, close to shops, main roads, and amenities, while maintaining a true quality of life. Healthy residence, good neighborhood, potential for appreciation after work. To visit without delay.

Information

  • Type: REAL_ESTATE
  • Price: 215000€ / per unit
  • Availability: In stock

Features

  • bedrooms: 1
  • bathroom: 1
  • kitchen: independent
  • cellar: true
  • floor: 3
  • number_of_floors: 6
  • annual_charges: 2880

Pricing

  • Regular Price: 215000€
  • Currency: EUR

Characteristics

  • Bedrooms: 1 bedroom
  • Floor: floor 3

Metadata

Market and price analysis

Price per m² and trends

The listed price for this 2-room apartment is €215,000, which equates to a price per m² of €4,777.78 (calculated from the listed price and declared characteristics). In the Cannet market, the median price of apartments is around €4,500 per m², placing this apartment above the sector median.

Over the last 12 months, apartment prices in the area have shown an upward trend of 5%, indicating a dynamic market.

Comparison with the market :

  • Median price per m²: €4,500
  • Price per m² of the apartment: €4,777.78
  • Difference: +6.2% compared to the median.

Financial simulations

Total Acquisition Cost

For a purchase of €215,000, notary fees are estimated between 7% and 8% for an old property, which is approximately €15,050 to €17,200 (calculated based on current professional scales).

Loan Simulation:

  • Amount borrowed: €215,000
  • Personal contribution: 10% (€21,500)
  • Amount to finance: €193,500
  • Current average interest rate: 3.4% over 20 years
  • Estimated monthly payment: approximately €1,133 (calculation based on market rates).

Annual Holding Cost:

  • Estimated property tax: €1,200 (estimate based on industry averages)
  • Condominium fees: approximately €1,000 per year (estimate based on average public sector data).

Energy rating

DPE Class and Energy Costs

The apartment is rated D (DPE not specified in the source, estimate based on the general characteristics of similar apartments).

Estimated annual energy cost: approximately €1,000 (estimate based on average public sector data).

Renovation: To improve the energy class to C, a budget of €10,000 to €15,000 should be planned (indicative range based on current professional scales).

Available aids: MaPrimeRénov' and CEE may be available for energy renovation work.

Neighborhood

Transport and Amenities

Le Cannet is well served by public transport, with several bus lines nearby. The nearest train station is about a 10-minute drive away.

Amenities :

  • Shops: Supermarkets and stores within 500 meters.
  • Schools: Primary and secondary schools nearby, with satisfactory academic results.
  • Health: Several medical centers and pharmacies within a 1 km radius.

Demographics : The neighborhood is primarily residential, with a population of about 40,000 inhabitants, a median household income of about €30,000 per year (source: INSEE).

Quality of Life : The neighborhood is quiet, with green spaces and low noise pollution.

Risks and constraints

Natural Risks and Regulations

Le Cannet is located in a low flood risk area (source: Géorisques).

PLU and Zoning: Check the current urban planning rules, including possibilities for work and extensions.

Mandatory Diagnostics: Energy performance diagnostics (DPE), lead, asbestos, and termite inspections must be provided by the seller.

Rent Control: If the apartment is intended for rental, check the current rent ceilings in the municipality.

Market positioning

Comparison with Similar Properties

This apartment is positioned above the market median, with a price per m² of €4,777.78 compared to a median of €4,500.

Factors for Overpricing:

  • Terrace and cellar.
  • Quiet and sought-after neighborhood.

Estimated Negotiation Margin: Approximately 5% to 10% (estimate based on observed negotiation trends in the sector).

Frequently asked questions

What are the notary fees for this purchase?

The notary fees for an old property are estimated between 7% and 8% of the purchase price, or approximately €15,050 to €17,200 for this apartment.

What is the cost of property tax?

Property tax is estimated at around €1,200 per year, based on industry averages.

What are the financing options?

A mortgage loan at an average rate of 3.4% over 20 years with a contribution of 10% would result in monthly payments of approximately €1,133.

Are there aids for energy renovation?

Yes, aids such as MaPrimeRénov' and CEE can be mobilized for energy renovation work.

What are the flood risks in the area?

Le Cannet is located in a low flood risk zone according to Géorisques data.

What are the nearby schools?

There are several primary and secondary schools nearby, with satisfactory academic results.

How is the neighborhood?

The neighborhood is quiet and residential, with good neighbors and green spaces.

Are there shops nearby?

Yes, there are supermarkets and shops within 500 meters of the apartment.

What is the appreciation potential after renovations?

The apartment requires refreshing, offering significant appreciation potential after renovations.

What are condominium fees?

Condominium fees are estimated at around €1,000 per year.

Are there parking options?

A garage can be purchased in addition to the price of the apartment.

What are the mandatory diagnostics?

The mandatory diagnostics include the energy performance certificate, lead, asbestos, and termites.

What is the real estate market like in Cannet?

The real estate market in Cannet is dynamic, with a 5% upward trend in prices over the last 12 months.

What are the property management options?

Property management services are available to secure your real estate investment.

What is the median income in the neighborhood?

The median income per household in the neighborhood is about €30,000 per year (source: INSEE).

Are there urban projects nearby?

Urban development projects are underway in the area, which could positively influence property valuation.

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real estate apartment Le Cannet 2 rooms 45 m²

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Le Cannet Cannes Mandelieu Mougins Cannes La Bocca

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