3-bed apartment in Menton
3-bed apartment in Menton — image 23-bed apartment in Menton — image 33-bed apartment in Menton — image 43-bed apartment in Menton — image 5
Grade A+apartment

3-bed apartment in Menton

Menton · département 06 · Côte d'Azur

€375,000

Asking Price (EUR)

4.7%

Net Yield (managed, after tax, all-in)

6.9%

Self-managed (after tax, all-in)

14.2%

Gross Yield (on all-in cost)

60%

Occupancy (modelled, annual)

Net yield is what a fully-managed non-resident owner keeps after French income tax at the non-resident minimum rates and social charges — here under the LMNP régime réel, on the net letting profit after depreciation of the building (75% of the price over 30 years) and the furniture (over 7 years), €10,982 a year, which cannot create a loss — divided by the all-in acquisition cost. It assumes the owner keeps LMNP réel accounts, and since loi n° 2025-127 art. 84 the depreciation deducted is added back to the taxable capital gain on resale, so it defers tax rather than removing it. Financing is not modelled. Confirm the regime with a French expert-comptable.

Projected Gross Revenue: €58,693/yr
Nightly Rate: €268implied by the gross revenue and the occupancy
Income tax (non-resident, régime réel on the net letting profit): €5,374/yr
Payback (managed, after tax): 21.2 years
Brixfox Score: 97.6 / 100
Comparable Airbnbs: 21
Data Confidence: 91%
Season curve: Côte d'Azur

True Investment Cost

Price + the droits de mutation, the notary’s regulated fees and disbursements, any agency fee charged on top, and furnishing.

€413,972

+10.4% over asking

Asking price€375,000
Droits de mutation — département (4.50%, département 06)€16,875
Droits de mutation — commune (1.2%)€4,500
State collection fee (frais d'assiette)€399.94
Notary emoluments (regulated scale, incl. 20% VAT)€4,072
Contribution de sécurité immobilière€375
Notary disbursements & formalities€1,500
Furnishing & short-let launch€11,250
All-in investment€413,972

Where the listing does not say who pays the agency, the fee is taken to be inside the advertised price and the droits de mutation are charged on the full price, the conservative case. Budget extra for diagnostics, a survey and a power of attorney if you will not sign in person.

Annual Operating Costs (fully managed)

The stored cost lines behind the net yield above.

Gross rental revenue€58,693
Conciergerie / rental management (incl. 20% VAT)−€14,298
Booking channel fees−€2,348
Cleaning & consumables (net of guest fee)−€2,935
Utilities (electricity, water, internet)−€2,000
Insurance (non-occupant owner, short let)−€350
Copropriété charges−€3,454
Maintenance reserve−€1,875
Taxe foncière−€1,128
TEOM (waste collection tax)−€394.02
Taxe d'habitation on a second home−€2,416
CFE (business property contribution)−€1,992
LMNP accounting & non-resident return−€600
Income tax (non-resident, régime réel on the net letting profit)−€5,374
Bedrooms: 3
Bathrooms: 2
Living area: 86.35 m²
Year Built: 1990
DPE (energy class): C
garden

No registration stated

The listing states no registration number. That does not mean the property cannot be let: the rules are per commune.

Ask the mairie whether this commune requires a change-of-use authorisation and a registration number for a furnished tourist let, and whether either can be obtained for this property by a new owner. A number printed by the listing belongs to the current owner's declaration and does not transfer with the sale.

Energy rating (DPE): class C

The listing states energy class C. From 1 January 2034 every meublé de tourisme must be rated A to D (law 2024-1039 of 19 November 2024).

Description

4 PIÈCES 86 m² TERRASSE RÉSIDENCE RÉCENTE ENVIRONNEMENT VERDOYANT A 5 minutes du centre ville, dans une résidence récente et bien entretenue, découvrez ce bel appartement 4 pièces de 86 m², aux volumes généreux et à l'agencement particulièrement agréable, offrant une séparation entre espace jour et espace nuit. La pièce de vie, spacieuse et lumineuse, accueille un salon et une salle à manger ouvrant directement sur une belle terrasse, véritable prolongement du séjour. Cet espace extérieur, calme et verdoyant, permet de profiter pleinement des beaux jours, pour les repas ou les moments de détente, à l'abri des regards. La cuisine indépendante, fonctionnelle et bien équipée, bénéficie elle aussi d'une ouverture sur l'extérieur, apportant lumière et confort au quotidien. Le coin nuit, bien distinct, se compose de trois chambres, toutes au calme, idéales pour une vie de famille ou télétravail. Deux salles d'eau modernes, de nombreux rangements et des circulations fluides complètent l'ensemble. Une cave vient parfaire ce bien. Pas de stationnement privatif, mais un parking public immédiatement à proximité, un atout pratique au quotidien. Les + : Résidence récente Beaux volumes et plan bien pensé Terrasse agréable et verdoyante Calme et luminosité Cave Parking public juste à côté Un appartement confortable et équilibré, idéal pour une famille, un couple recherchant de l'espace, ou toute personne souhaitant conjuguer confort intérieur et extérieur dans un cadre agréable. Bien proposé par Pierre Laurent TELLE EI, agent commercial (RSAC 392794566)

Location

Approximate location — not the exact house

Menton, Côte d'Azur, France

Listed by CENTURY 21 Agence Molière

Price
€375,000
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3-bedroom freehold apartment in Menton — photo 1 of 5
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3-bed apartment in Menton

Menton · Côte d'Azur · Ref BF-11087Source · CENTURY 21 Agence Molière · listed 18 Oct 2026
Asking price
€375,000
Net yield
4.7%
Fully managed · Non-resident tax
Bedrooms
3
Bathrooms
2
Built area
86.35 m²
Condition
Good, lived-in
(stated by the listing)
Brixfox Score 98 · A+Financial analysis ↓

No registration stated

The listing states no registration number. That does not mean the property cannot be let: the rules are per commune.

Ask the mairie whether this commune requires a change-of-use authorisation and a registration number for a furnished tourist let, and whether either can be obtained for this property by a new owner. A number printed by the listing belongs to the current owner's declaration and does not transfer with the sale.

Energy rating (DPE): class C

The listing states energy class C. From 1 January 2034 every meublé de tourisme must be rated A to D (law 2024-1039 of 19 November 2024).

Financials

What it earns, what it costs to own, and the net yield

Financial analysis
· Brixfox Standard · Non-resident · Fully managed
Fully managed is the Brixfox Standard shown on every card: a full-service manager's commission, charged on top of the Airbnb/Booking channel fees (not the cleaning cost — changeovers are funded by guest cleaning fees; you bear the residual). Self-managed drops the commission; the channel fees stay, because the platform is paid whoever manages, and you pay staff/local operations, a higher cleaning residual and your own time directly. Both scenarios divide the SAME gross revenue — the toggle changes the cost stack, not the revenue. That revenue is observed from actively-operated comps, so self-managed assumes you match their performance.Both scenarios share the same projected revenue — the toggle changes who runs the property and what that costs, not what it earns.
Net yieldNet operating income ÷ all-in investment. After local operating taxes; before home-country personal tax and financing costs. Modelled from observed market performance of comparable Airbnb listings.
4.7%
€19,530 net operating income /yr
Gross yield · all-in basis
14.2%
−9.5 pts in operating costs & local taxes
Before tax in your home country and financing costs. Estimates, not financial advice.
Modelled from Airbnb listings we track across Menton — live calendar data.

No Airbnb match on file

We have not confirmed this exact property on Airbnb, so it carries no operating history here. The figures above rest on the comparable set — a launch scenario, not a track record.

Revenue assumptions

Derived from the comparable Airbnb listings below. The headline ADR is the expected BOOKED rate — nearby asking prices corrected by our measured, market-calibrated asking-to-booked factor. Occupancy is calibrated against tracked reference homes nearby. Comp cards below show raw asking prices.
Expected ADR
€268
Expected booked rate (market-calibrated)
Expected occupancy
60%
Full-year estimate, market-calibrated
Projected annual revenue
€58,693
ADR × occupancy × 365
Comp data observed in USD · converted at €0.88/$
Seasonal occupancy pattern
Peak Aug +55% · Low Jan -45%
J
F
M
A
M
J
J
A
S
O
N
D
Modelled monthly index (relative to the annual average) — replaced by measured per-market indices as calendar history matures.

Investment basis

The true all-in acquisition cost — asking price plus purchase costs, renovation and furnishing. Every yield on this page is computed against this total, not the asking price.
Adjust the figures to your deal — yields recalculate live.
Purchase price· asking
€
Acquisition costs· 7.4% of price, auto-calculated
€27,722
Droits de mutation (département)€16,875
Droits de mutation (commune)€4,500
State collection fee (frais d'assiette)€400
Notary emoluments (regulated scale, incl. VAT)€4,072
Contribution de sécurité immobilière€375
Notary disbursements & formalities€1,500
Renovation budget· no measured France basis — enter your own quote
€
Furniture & STR launch
€
All-in investment
€413,972
+10.4% over asking
Fully managed scenarioSwitch the scenario with the toggle at the top of the financial analysis — it drives every figure in this section. Gross revenue is identical in both scenarios (the comps' observed performance); the Villa Scorecard and risk panels elsewhere on the page always quote the fully-managed Brixfox Standard.
Gross annual revenue
€58,693
Conciergerie / rental management (incl. 20% VAT)
−€14,298
Booking channel fees
−€2,348
Cleaning & consumables (net of guest fee)
−€2,935
Utilities (electricity, water, internet)
−€2,000
Insurance (non-occupant owner, short let)
−€350
Copropriété charges
−€3,454
Maintenance reserve
−€1,875
Taxe foncière
−€1,128
TEOM (waste collection tax)
−€394
Taxe d'habitation on a second home
−€2,416
CFE (business property contribution)
−€1,992
LMNP accounting & non-resident return
−€600
Income tax (non-resident, régime réel)
−€5,374
Net operating income
€19,530/yr
Net yield on all-in investment
4.7%

Income tax is the non-resident minimum rate (20% to €29,579, 30% above) plus social charges, under the LMNP régime réel on the net letting profit after depreciation of the building (75% of the price over 30 years) and the furniture (over 7 years), €10,982 a year here, which cannot create a loss. It assumes the owner keeps LMNP réel accounts, and since loi n° 2025-127 art. 84 the depreciation deducted is added back to the taxable capital gain on resale, so it defers tax rather than removing it. Social charges are 18.6% for an owner insured outside the EEA, Switzerland and the UK and 7.5% inside; the tax line names the rate this listing is priced at. Whether a second home may be let to tourists at all is the commune's decision: many require a change-of-use authorisation (changement d'usage) and a registration number, granted per owner and not transferred with the sale, so ask the mairie before buying. Financing is not modelled.

Rental yield + value growth

Your net rental yield plus a yearly rise in the property's market value (land and building) that you choose. Value growth is an assumption, not data — which is why it starts at 0% and is kept out of the yield figures above.
Property value growth per year · your assumption0%
0%2% · Brixfox model assumption8%
Yield + value growth
4.7%/yr
4.7% net yield + 0% value growth
Value growth figures are illustrative only. The marker is the yearly growth Brixfox's model assumes for this market, not measured local price history; local supply, regulation and currency moves can materially change outcomes. Not financial advice.

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Evidence

Where it sits, and who confirms it

Comp table: Market evidence ↑ in Financials

Location

Approximate area

Menton · Côte d'Azur

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Verdict

Score, and what could go wrong

Same net-yield basis as the financial analysis

Brixfox Score

98A+
LocationNot rated
Menton, Côte d'Azur — rated in the BrixfoxScore location pillar
Rental YieldGood
4.7% net yield on all-in cost
OccupancyAverage
60% average occupancy
Nightly RateGood
€268 per night
Visual AppealGood
6/10 visual appeal
Size & SpaceAverage
86 m² interior
STR RegistrationPending
No registration number stated by the listing — ask the mairie
Energy rating (DPE)Good
DPE C stated by the listing (not verified)
TenureGood
Full ownership (pleine propriété)
Occupancy at 60% — factor in seasonal gaps
Compact at 86 m² interior — caps the guest count you can host

Strong score for this market. A 4.7% net on all-in cost is above most French listings; check the stored costs and the seasonal pattern before relying on it.

Risk & what-if

ScenarioOccupancyNet income /yrNet yield
-20 pts occupancy40%€11,5252.8%
-10 pts occupancy50%€15,5283.8%
Expected60%€19,5304.7%
+10 pts occupancy70%€23,5335.7%

Brixfox Standard · Non-resident · Fully managed · net yield on all-in cost

TenureFreeholdno lease decay · no amortisation
Payback21.2 yearsfrom net rent at the expected case
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Source · CENTURY 21 Agence Molière

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Modelled from live Airbnb calendar data around this property · operating costs per line, editable in the P&L · estimates, not financial advice.Data sources & methodology ›

French yields are the figures Brixfox stores for each listing, and the Financial analysis P&L above reproduces them line by line. The rent is an estimate from the Airbnb listings Brixfox tracks nearby: their asking rates corrected to a booked rate and their occupancy read from their calendars, annualised on a seasonal curve. It is not this home’s own record, and a projection resting on few comparables or an area-level pin is marked indicative. The costs are the listing’s own lines: the conciergerie and the accounting (the self-managed view drops both), booking channels whoever manages, cleaning, utilities, insurance, copropriété charges, the taxe foncière, TEOM, the second-home taxe d’habitation, the CFE and a maintenance reserve, less the non-resident income tax and social charges (LMNP régime réel, after a depreciation allowance that cannot create a loss and is added back to the taxable gain on resale), on an all-in cost that includes the droits de mutation and the notary. The cost lines are the listing’s stored ones; the price and the growth assumption can be changed above. Market factors in France may impact actual yields.