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Flat 32 м² in Marseille, France

113 131 $

3 535 $ /м²

4OUg2
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Area

32 м2

Bedrooms

1

T1 INVESTOR/ 1ST PURCHASE DOWNTOWN FOR RENOVATION

Investor T1 / FIRST BUY IN CITY CENTER, FOR RECONSTRUCTION FIDUSTY The CORNICHE Agency offers for sale exclusively a type 1 with mezzanine with a total area of 32 m2 under the CARREZ law (including the area of the apartment and mezzanine) in the heart of Marseille for renovation. Located on rue Saint-Dominique, a few minutes from the station St. Charles and the Old Port, with all amenities (stores, transportation...). Real neighborhood life. The apartment is bright with an east balcony of about 8 m2. 4th floor and last floor of a small building of 6 apartments. Ideal for RBNB type rentals or permanent rentals (average rent per month is estimated at 500 euros excluding utilities). Common areas in good general condition. A complete renovation is needed. WPC: Consumption D205 / Discharge B06 Contact: 06 69 96 17 09

Additional details

Property type

Residential Properties

Object type

Flat

Price

113 131 $

FAQ

In France a residence permit is typically issued based on a minimum investment threshold. Applications are reviewed within 30–60 days in Marseille; you will need a passport, proof of funds, and the ownership documents. Hatamatata helps prepare and submit the paperwork.
Banks in France finance 50–70% of the property value for non-residents with rates of 3–5% for 20–30 years. A life insurance policy and a 30–40% down payment are usually required. Terms and programs vary by city and bank.
Expected expenses: transfer tax 0–15%, registration 0.5–2%, notary 0.5–1.5%, agent commission 0–3%. In total 2–20% on top of the purchase price. Exact rates depend on region, property type and programs.
A title search at the land registry of France takes 10–15 business days. You receive ownership, encumbrance and tax clearance certificates. Documents are translated and reviewed by a lawyer before signing.
Yes. Rental income tax is 5–25% depending on the regime. In Marseille short-term tourist rentals typically yield 5–8% per year. Municipal permission and income registration are usually required.
Yes. An inspection costs about 0.5–1% of the price (113 131 $) and covers structure, utilities and legal status. Hatamatata arranges a qualified engineer with an EN/RU report.
A typical transaction runs 30–90 days, averaging 45 in Marseille: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).

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