T3 Apartment 48 m² for sale in Châlons-en-Champagne - €69,500

The listed price for this apartment is €69,500, which translates to a price per m² of €1,448.96 (calculated from the listed price and the area of 48 m²). In the Châlons-en-Champagne real estate market, the median price per m² for similar apartments is estimated at €1,500 (source: DVF DGFiP, 2023). This property is therefore slightly below the market median, which may make it attractive for first-time buyers and investors.

Over the past 12 months, apartment prices in the region have seen a slight decrease of 2.5%, indicating market stabilization after a period of increase. T3 type properties are particularly sought after, representing about 30% of transactions in the city (source: INSEE, 2023).

For a purchase at €69,500, notary fees are estimated between €4,865 and €5,560 (calculated based on an estimate of 7% for an old property). The total acquisition cost would therefore be approximately €75,365 to €75,060.

Considering a mortgage at an average rate of 3.4% over 20 years with a down payment of 10% (€6,950), the monthly payments would be around €371.65 (calculated based on a loan of €62,550). The total interest cost over the loan term would be approximately €19,000.

For a rental investment, with an estimated rent of €550 per month, the gross rental yield would be 9.5% (calculated from the annual rent divided by the purchase price). After deducting charges (estimated at 10% of the rent), the net yield would be approximately 8.5%.

The estimated annual energy cost for this apartment is between €1,630 and €2,220, depending on usage and energy rates (source: estimate based on declared characteristics).

The property tax for an apartment of this size in Châlons-en-Champagne is estimated at around €800 per year, based on sector averages.

This apartment is not exempt from DPE and is classified in category D. This means it has an energy consumption between 151 and 230 kWh/m²/year. Owners should be aware of rental bans starting in 2025 for properties classified F or G (source: Climate & Resilience Law, 2021). To improve the energy class, renovation work may be necessary, with an estimated cost between €10,000 and €15,000 (estimate based on current professional rates). Assistance such as MaPrimeRénov' can be mobilized to finance this work.

The apartment is located near the city center of Châlons-en-Champagne, providing easy access to public transport, including bus lines serving the city. The nearest train station is about 1.5 km away, with regular trains to Reims and Chalons-en-Champagne.

Regarding amenities, several local shops, schools, and health services are within walking distance, which is an asset for families and first-time buyers. The neighborhood is characterized by a calm environment, with green spaces nearby.

Châlons-en-Champagne is located in a low seismic risk area, but it is important to check for flood risks in certain areas. The PLU (Local Urban Plan) should be consulted to know the applicable construction and development rules.

Regarding rental regulations, it is important to note that rent control applies in certain areas of Châlons-en-Champagne, with ceilings to be respected (source: decree n° 2021-1178, 2021). Mandatory diagnostics must also be provided during the sale, including DPE, lead, asbestos, and electrical installations.