Bel appartement T3 avec balcon, cave et parking
Bel appartement T3 avec balcon, cave et parking — image 2Bel appartement T3 avec balcon, cave et parking — image 3Bel appartement T3 avec balcon, cave et parking — image 4Bel appartement T3 avec balcon, cave et parking — image 5
Grade A+apartment

Bel appartement T3 avec balcon, cave et parking

Grasse · département 06 · Côte d'Azur

€119,000

Asking Price (EUR)

4.3%

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

7.2%

Self-managed (after tax, all-in)

17.5%

Gross Yield (on all-in cost)

46%

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), €4,118 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: €24,030/yr
Nightly Rate: €143implied by the gross revenue and the occupancy
Income tax (non-resident, régime réel on the net letting profit): €1,085/yr
Payback (managed, after tax): 23.5 years
Brixfox Score: 96 / 100
Comparable Airbnbs: 37
Data Confidence: 94%
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.

€137,147

+15.2% over asking

Asking price€119,000
Droits de mutation — département (4.50%, département 06)€5,355
Droits de mutation — commune (1.2%)€1,428
State collection fee (frais d'assiette)€126.91
Notary emoluments (regulated scale, incl. 20% VAT)€1,618
Contribution de sécurité immobilière€119
Notary disbursements & formalities€1,500
Furnishing & short-let launch€8,000
All-in investment€137,147

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€24,030
Conciergerie / rental management (incl. 20% VAT)−€5,854
Booking channel fees−€961.2
Cleaning & consumables (net of guest fee)−€1,202
Utilities (electricity, water, internet)−€2,000
Insurance (non-occupant owner, short let)−€350
Copropriété charges−€2,240
Maintenance reserve−€595
Taxe foncière−€580.56
TEOM (waste collection tax)−€368.16
Taxe d'habitation on a second home−€1,201
CFE (business property contribution)−€1,151
LMNP accounting & non-resident return−€600
Income tax (non-resident, régime réel on the net letting profit)−€1,085
Bedrooms: 2
Bathrooms: 1
Living area: 56 m²
Year Built: 1975
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

Découvrez cet appartement de 3 pièces de 56m² situé au 1er étage au sein de la résidence "Les Rêves d'Or" à Grasse. Offrant un cadre de vie pratique et agréable, ce bien clés en main représente une opportunité idéale, que ce soit pour y habiter ou pour réaliser un investissement locatif. L'appartement se compose : Une entrée sur coursive. Un séjour lumineux ouvrant sur une loggia. Une cuisine indépendante. Deux chambres confortables. Une salle de bains et un WC séparé. Des placards intégrés pour un rangement optimal. Les gros points forts du bien : Une cave privative en sous-sol (niveau 1), idéalement située contre l'ascenseur pour un accès ultra-pratique. Une place de parking attitrée en extérieur. Confort moderne : présence de la climatisation, appartement propre, seuls de petits travaux de rafraîchissement sont à prévoir pour le mettre à votre goût ou maximiser sa valeur. Le Coin Investisseur : Un placement clé en main Ce lot complet (appartement + cave + parking) coche toutes les cases d'un investissement patrimonial performant et sécurisé sur le marché grassois : Rendement immédiat : Potentiel locatif de 850 € / mois Charges Comprises (CC) pour un prix d'achat attractif de 149 000 €. Facilité de gestion et de location : Les charges de copropriété (2 594 € / an) incluent le chauffage collectif ainsi que l'entretien complet de la résidence. Un argument "tout compris" ultra-séduisant pour les locataires et une tranquillité d'esprit pour vous. Fortes prestations : La présence de la climatisation, d'une cave et d'un parking privatif en font un bien rare et très recherché sur le secteur, limitant au maximum le risque de vacance locative. Taxe foncière : 1 038 € / an. 698 lots dont 262 d'habitationsCe bien vous est présenté par Julien Tosi - Entreprise individuelle - agent commercial immatriculé au RSAC de Grasse sous le numéro 521043380.

Location

Approximate location — not the exact house

Grasse, Côte d'Azur, France

Listed by DR HOUSE - Tosi Julien

Price
€119,000
Inquire
2-bedroom freehold apartment in Grasse — photo 1 of 5
DR HOUSE - Tosi Julien
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2-bedroom freehold apartment in Grasse — photo 2 of 5
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2-bedroom freehold apartment in Grasse — photo 3 of 5
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2-bedroom freehold apartment in Grasse — photo 5 of 5
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Bel appartement T3 avec balcon, cave et parking

Grasse · Côte d'Azur · Ref BF-12107Source · DR HOUSE - Tosi Julien · listed 18 Oct 2026
Asking price
€119,000
Net yield
4.3%
Fully managed · Non-resident tax
Bedrooms
2
Bathrooms
1
Built area
56 m²
Condition
Partial renovation
(stated by the listing)
Brixfox Score 96 · 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.
4.3%
€5,844 net operating income /yr
Gross yield · all-in basis
17.5%
−13.2 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 Grasse — 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
€143
Expected booked rate (market-calibrated)
Expected occupancy
46%
Full-year estimate, market-calibrated
Projected annual revenue
€24,030
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· 8.5% of price, auto-calculated
€10,147
Droits de mutation (département)€5,355
Droits de mutation (commune)€1,428
State collection fee (frais d'assiette)€127
Notary emoluments (regulated scale, incl. VAT)€1,618
Contribution de sécurité immobilière€119
Notary disbursements & formalities€1,500
Renovation budget· guide range €28,000–€61,600 for this class; enter your own quote or use the midpoint
€
Furniture & STR launch
€
All-in investment
€137,147
+15.2% 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
€24,030
Conciergerie / rental management (incl. 20% VAT)
−€5,854
Booking channel fees
−€961
Cleaning & consumables (net of guest fee)
−€1,202
Utilities (electricity, water, internet)
−€2,000
Insurance (non-occupant owner, short let)
−€350
Copropriété charges
−€2,240
Maintenance reserve
−€595
Taxe foncière
−€581
TEOM (waste collection tax)
−€368
Taxe d'habitation on a second home
−€1,201
CFE (business property contribution)
−€1,151
LMNP accounting & non-resident return
−€600
Income tax (non-resident, régime réel)
−€1,085
Net operating income
€5,844/yr
Net yield on all-in investment
4.3%

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), €4,118 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.

After works, guide range
2.9%–3.5% after works
partial renovation €500–1,100/m² × 56 m² · Saint-Gobain, 2025-2026 · card WRC-2026.10

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
4.3%/yr
4.3% 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.

Not quite right? Get an email when a listing like this one comes on the market.

Evidence

Where it sits, and who confirms it

Comp table: Market evidence ↑ in Financials

Location

Approximate area

Grasse · Côte d'Azur

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Verdict

Score, and what could go wrong

Same net-yield basis as the financial analysis

Brixfox Score

96A+
LocationNot rated
Grasse, Côte d'Azur — rated in the BrixfoxScore location pillar
Rental YieldGood
4.3% net yield on all-in cost
OccupancyAverage
46% average occupancy
Nightly RateWeak
€143 per night
Visual AppealGood
6/10 visual appeal
Size & SpaceWeak
56 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 46% — factor in seasonal gaps
ADR of €143 limits revenue ceiling — consider repositioning potential

Strong score for this market. A 4.3% 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
-16 pts occupancy30%€1,3741.0%
-6 pts occupancy40%€4,5743.3%
Expected46%€5,8444.3%
+10 pts occupancy56%€7,9845.8%

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

TenureFreeholdno lease decay · no amortisation
Payback23.5 yearsfrom net rent at the expected case
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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.