Appartement T3 Vue mer LES MARINES DE GASSIN
Appartement T3 Vue mer LES MARINES DE GASSIN — image 2Appartement T3 Vue mer LES MARINES DE GASSIN — image 3Appartement T3 Vue mer LES MARINES DE GASSIN — image 4Appartement T3 Vue mer LES MARINES DE GASSIN — image 5
Grade B+apartment

Appartement T3 Vue mer LES MARINES DE GASSIN

Gassin · département 83 · Côte d'Azur

€424,000

Asking Price (EUR)

Indicative figures

The listing gives an area-level location, not the home's own pin, so the comparables (65 comps, 96% confidence) are chosen around that part of Gassin rather than around the home itself.

2.6%

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

3.8%

Self-managed (after tax, all-in)

7.2%

Gross Yield (on all-in cost)

36%

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), €12,417 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: €34,035/yr
Nightly Rate: €257implied by the gross revenue and the occupancy
Payback (managed, after tax): 38.7 years
Brixfox Score: 81 / 100
Comparable Airbnbs: 65
Data Confidence: 96%
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.

€469,976

+10.8% over asking

Asking price€424,000
Droits de mutation — département (5.00%, département 83)€21,200
Droits de mutation — commune (1.2%)€5,088
State collection fee (frais d'assiette)€502.44
Notary emoluments (regulated scale, incl. 20% VAT)€4,542
Contribution de sécurité immobilière€424
Notary disbursements & formalities€1,500
Furnishing & short-let launch€12,720
All-in investment€469,976

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€34,035
Conciergerie / rental management (incl. 20% VAT)−€8,291
Booking channel fees−€1,361
Cleaning & consumables (net of guest fee)−€1,702
Utilities (electricity, water, internet)−€2,000
Insurance (non-occupant owner, short let)−€350
Copropriété charges−€2,666
Maintenance reserve−€2,120
Taxe foncière−€612.89
TEOM (waste collection tax)−€234.64
Taxe d'habitation on a second home−€746.75
CFE (business property contribution)−€1,209
LMNP accounting & non-resident return−€600
Bedrooms: 2
Bathrooms: 2
Living area: 66.65 m²
Year Built: 1990
DPE (energy class): D
sea

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 D

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

Description

Les 3 Agences Azur Marine vous proposent à la vente ce magnifique appartement avec vue mer. Situé au coeur des Marines de Gassin, dans un environnement privilégié, avec piscine lagon et tennis, plage à quelques mètres, commerces, restaurants, découvrez ce superbe appartement T3 + cabine en duplex offrant une agréable vue sur la mer. Ce bien au 4ème et dernier étage, vous séduira par ses beaux volumes et son agencement fonctionnel. Au 1er niveau, Il dispose d'une lumineuse pièce de vie ouverte sur belle terrasse vue mer et piscine, idéale pour profiter pleinement du cadre exceptionnel des Marines, d'une salle de bains, d'un wc et d'un espace cabine. Au second niveau, deux grandes chambres dont une avec vue mer. Une salle d'eau, toilettes, un palier espace bureau. Cet appartement est à rafraichir dans sa globalité pour être sublimé. Un parking privatif complète ce bien, un véritable atout sur le secteur. Entre emplacement recherché, vue mer et cadre de vie privilégié, cet appartement représente une belle opportunité au coeur du Golfe de Saint-Tropez. Venez visiter avec Les 3 Agences Azur Marine.

Location

Area-level location — the commune, not the house

Gassin, Côte d'Azur, France

Listed by CLV IMMOBILIER

Price
€424,000
Inquire
2-bedroom freehold apartment in Gassin — photo 1 of 5
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2-bedroom freehold apartment in Gassin — photo 2 of 5
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Appartement T3 Vue mer LES MARINES DE GASSIN

Gassin · Côte d'Azur · Ref BF-14Source · CLV IMMOBILIER · listed 18 Oct 2026
Asking price
€424,000
Net yield
2.6%
Fully managed · Non-resident tax · area estimate
Bedrooms
2
Bathrooms
2
Built area
66.65 m²
Condition
Partial renovation
(stated by the listing)
Brixfox Score 81 · B+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 D

The listing states energy class D. 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.
2.6%
€12,142 net operating income /yr
Gross yield · all-in basis
7.2%
−4.6 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 Gassin — 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
€257
Expected booked rate (market-calibrated)
Expected occupancy
36%
Full-year estimate, market-calibrated
Projected annual revenue
€34,035
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· 7.8% of price, auto-calculated
€33,256
Droits de mutation (département)€21,200
Droits de mutation (commune)€5,088
State collection fee (frais d'assiette)€502
Notary emoluments (regulated scale, incl. VAT)€4,542
Contribution de sécurité immobilière€424
Notary disbursements & formalities€1,500
Renovation budget· guide range €33,325–€73,315 for this class; enter your own quote or use the midpoint
€
Furniture & STR launch
€
All-in investment
€469,976
+10.8% 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
€34,035
Conciergerie / rental management (incl. 20% VAT)
−€8,291
Booking channel fees
−€1,361
Cleaning & consumables (net of guest fee)
−€1,702
Utilities (electricity, water, internet)
−€2,000
Insurance (non-occupant owner, short let)
−€350
Copropriété charges
−€2,666
Maintenance reserve
−€2,120
Taxe foncière
−€613
TEOM (waste collection tax)
−€235
Taxe d'habitation on a second home
−€747
CFE (business property contribution)
−€1,209
LMNP accounting & non-resident return
−€600
Income tax (non-resident, régime réel)
€0
Net operating income
€12,142/yr
Net yield on all-in investment
2.6%

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), €12,417 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
2.2%–2.4% after works
partial renovation €500–1,100/m² × 67 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
2.6%/yr
2.6% 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

Gassin · Côte d'Azur

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Verdict

Score, and what could go wrong

Same net-yield basis as the financial analysis

Brixfox Score

81B+
LocationNot rated
Gassin, Côte d'Azur — rated in the BrixfoxScore location pillar
Rental YieldAverage
2.6% net yield on all-in cost
OccupancyWeak
36% average occupancy
Nightly RateGood
€257 per night
Visual AppealStrong
8/10 visual appeal
Size & SpaceAverage
67 m² interior
STR RegistrationPending
No registration number stated by the listing — ask the mairie
Energy rating (DPE)Good
DPE D stated by the listing (not verified)
TenureGood
Full ownership (pleine propriété)
Stunning visuals (8/10) — commands premium nightly rates
Net yield of 2.6% (fully managed, on all-in cost) is modest, though above most French listings — model your cashflow carefully
Occupancy at 36% — factor in seasonal gaps

A mid-market score. A 2.6% 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
-6 pts occupancy30%€8,2051.7%
Expected36%€12,1422.6%
+4 pts occupancy40%€13,6682.9%
+10 pts occupancy46%€16,0843.4%

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

TenureFreeholdno lease decay · no amortisation
Payback38.7 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.