4 pieces à rénover
4 pieces à rénover — image 24 pieces à rénover — image 34 pieces à rénover — image 44 pieces à rénover — image 5
Grade A+apartment

4 pieces à rénover

Cannes · département 06 · Côte d'Azur

€390,000

Asking Price (EUR)

4.2%

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

6.1%

Self-managed (after tax, all-in)

14.8%

Gross Yield (on all-in cost)

41%

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 régime réel, on the net letting profit — divided by the all-in acquisition cost. Depreciation and financing are not modelled. Confirm the regime with a French expert-comptable.

Projected Gross Revenue: €63,829/yr
Nightly Rate: €424implied by the gross revenue and the occupancy
Income tax (non-resident, régime réel on the net letting profit): €11,404/yr
Payback (managed, after tax): 23.7 years
Brixfox Score: 96.9 / 100
Comparable Airbnbs: 370
Data Confidence: 92%
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.

€430,452

+10.4% over asking

Asking price€390,000
Droits de mutation — département (4.50%, département 06)€17,550
Droits de mutation — commune (1.2%)€4,680
State collection fee (frais d'assiette)€415.94
Notary emoluments (regulated scale, incl. 20% VAT)€4,216
Contribution de sécurité immobilière€390
Notary disbursements & formalities€1,500
Furnishing & short-let launch€11,700
All-in investment€430,452

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€63,829
Conciergerie / rental management (incl. 20% VAT)−€15,549
Booking channel fees−€2,553
Cleaning & consumables (net of guest fee)−€3,191
Utilities (electricity, water, internet)−€2,000
Insurance (non-occupant owner, short let)−€350
Copropriété charges−€3,538
Maintenance reserve−€1,950
Taxe foncière−€806.91
TEOM (waste collection tax)−€352.14
Taxe d'habitation on a second home−€1,639
CFE (business property contribution)−€1,757
LMNP accounting & non-resident return−€600
Income tax (non-resident, régime réel on the net letting profit)−€11,404
Bedrooms: 3
Bathrooms: 2
Living area: 88.45 m²
Year Built: 1970
DPE (energy class): C
town

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

À Cannes, à environ 15 minutes à pied du Palais des Festivals, découvrez ce spacieux appartement 4 pièces de 88,45 m² situé au 6e étage sur 7 d'une résidence de standing des années 70, avec gardien, ascenseurs et prestations complètes. En position dominante, cet appartement séduit par sa luminosité et son fort potentiel. Il se compose actuellement d'un séjour de 25 m², de deux chambres, d'un bureau, d'une salle de bains, d'une salle d'eau, d'un WC indépendant ainsi que de plusieurs espaces de rangement. Son véritable atout réside dans ses possibilités d'aménagement : le séjour peut être agrandi jusqu'à près de 40 m² en réunissant le bureau et le dégagement attenant, permettant de créer un vaste espace de vie contemporain et ouvert. Côté extérieur, le bien dispose de deux terrasses aux expositions complémentaires : Une terrasse de 9,5 m² exposée Ouest Une exceptionnelle terrasse de 106,41 m² exposée Sud-Est, offrant une vue dégagée sur les collines de la Californie ainsi qu'un aperçu mer depuis cet espace extérieur L'appartement est entièrement à rénover, offrant une opportunité idéale de créer un bien sur mesure, en résidence principale, pied-à-terre ou investissement. La résidence propose des prestations confortables incluant le chauffage collectif, l'eau chaude et l'eau froide, un système de rafraîchissement par tour réfrigérante, un gardien ainsi que l'entretien des parties communes. Les charges mensuelles s'élèvent à 660 €. Le bien est vendu avec une cave et une place de parking en sous-sol avec accès direct à l'ascenseur. Emplacement recherché : commerces au pied de l'immeuble, transports à proximité immédiate, gare à 5 minutes à pied, centre-ville et plages facilement accessibles. Diagnostic de performance énergétique : classe C Émissions de gaz à effet de serre : classe C Prix : 390 000 € honoraires d'agence inclus (charge vendeur) Visites exclusivement sur rendez-vous privé. Un bien lumineux à fort potentiel, rare sur le secteur, offrant de belles perspectives de valorisation après rénovation. Honoraires à la charge du vendeur. Dans une copropriété de 505 lots. Quote-part moyenne du budget prévisionnel 7 920 €/an. Aucune procédure n'est en cours. Classe énergie C, Classe climat C Montant moyen estimé des dépenses annuelles d'énergie pour un usage standard, établi à partir des prix de l'énergie de l'année 2021 : entre 550.00 et 780.00 €. Les informations sur les risques auxquels ce bien est exposé sont disponibles sur le site Géorisques : georisques.gouv.fr. Votre conseiller eXp Realty : David LANGLAIS Agent commercial (Entreprise individuelle) RSAC 520851007 ANTIBES RCP H278318951

Location

Approximate location — not the exact house

Cannes, Côte d'Azur, France

Listed by David LANGLAIS

Price
€390,000
Inquire
3-bedroom freehold apartment in Cannes — photo 1 of 5
David LANGLAIS
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4 pieces à rénover

Cannes · Côte d'Azur · Ref BF-4517Source · David LANGLAIS · listed 18 Oct 2026
Asking price
€390,000
Net yield
4.2%
Fully managed · Non-resident tax
Bedrooms
3
Bathrooms
2
Built area
88.45 m²
Brixfox Score 97 · 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.
4.2%
€18,139 net operating income /yr
Gross yield · all-in basis
14.8%
−10.6 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 Cannes — 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
€424
Expected booked rate (market-calibrated)
Expected occupancy
41%
Full-year estimate, market-calibrated
Projected annual revenue
€63,829
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
€28,752
Droits de mutation (département)€17,550
Droits de mutation (commune)€4,680
State collection fee (frais d'assiette)€416
Notary emoluments (regulated scale, incl. VAT)€4,216
Contribution de sécurité immobilière€390
Notary disbursements & formalities€1,500
Renovation budget· no measured France basis — enter your own quote
€
Furniture & STR launch
€
All-in investment
€430,452
+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
€63,829
Conciergerie / rental management (incl. 20% VAT)
−€15,549
Booking channel fees
−€2,553
Cleaning & consumables (net of guest fee)
−€3,191
Utilities (electricity, water, internet)
−€2,000
Insurance (non-occupant owner, short let)
−€350
Copropriété charges
−€3,538
Maintenance reserve
−€1,950
Taxe foncière
−€807
TEOM (waste collection tax)
−€352
Taxe d'habitation on a second home
−€1,639
CFE (business property contribution)
−€1,757
LMNP accounting & non-resident return
−€600
Income tax (non-resident, régime réel)
−€11,404
Net operating income
€18,139/yr
Net yield on all-in investment
4.2%

Income tax is the non-resident minimum rate (20% to €29,579, 30% above) plus social charges, under the régime réel on the net letting profit (an LMNP return; depreciation is not modelled, which overstates the tax). 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% · Cannes 5-yr avg — historical, not a forecast8%
Yield + value growth
4.2%/yr
4.2% net yield + 0% value growth
Value growth figures are illustrative only. Past regional price growth does not predict future performance; local supply, regulation and currency moves can materially change outcomes. Not financial advice.
Evidence

Where it sits, and who confirms it

Comp table: Market evidence ↑ in Financials

Location

Approximate area

Cannes · Côte d'Azur

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Verdict

Score, and what could go wrong

Same net-yield basis as the financial analysis

Brixfox Score

97A
LocationNot rated
Cannes, Côte d'Azur — rated in the BrixfoxScore location pillar
Rental YieldGood
4.2% net yield on all-in cost
OccupancyWeak
41% average occupancy
Nightly RateNot rated
€424 per night — not yet rated against measured French bands
Visual AppealGood
7/10 visual appeal
Size & SpaceAverage
88 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 41% — factor in seasonal gaps
Compact at 88 m² interior — caps the guest count you can host

Strong score for this market. A 4.2% 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
-11 pts occupancy30%€10,9982.6%
-1 pts occupancy40%€17,3244.0%
Expected41%€18,1404.2%
+10 pts occupancy51%€23,4385.4%

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

TenureFreeholdno lease decay · no amortisation
Payback23.7 yearsfrom net rent at the expected case
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Source · David LANGLAIS

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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 ›

ROI calculations use verified Brixfox Intelligence rental data. Operating costs are modelled per line — Airbnb/Booking channel fees whoever manages, then either a full-service management commission or the staff/local operations a self-managing owner buys back, cleaning residual, utilities & insurance, local taxes — with every rate editable in the Financial analysis P&L above. Gross revenue is identical in both management scenarios. Market factors in France may impact actual yields.