T3 Apartment - 70m² - Châlons-en-Champagne — 3-room, 70 sqm, 2 bedrooms
Real Estate Available

T3 Apartment 70 m² for Sale in Chalons-en-Champagne - €134,900

At a glance: 3-room · 70 sqm · 2 bedrooms

Brand: Laforêt Châlons-en-Champagne

€134,900

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by Agence immobilière Laforêt CHALONS EN CHAMPAGNE

T3 Apartment - 70m² - Châlons-en-Champagne

Laforêt Real Estate invites you to discover this rented apartment, in a recent and secure residence, close to shops, schools, doctors, and public transport. A beautiful apartment offering an entrance with a closet, kitchen, living room opening onto a balcony, 2 bedrooms, bathroom, WC. PVC double glazing and individual gas heating. This accommodation includes a cellar and a parking space in the basement.

Information

  • Type: REAL_ESTATE
  • Price: 134900€
  • Brand: Laforêt Châlons-en-Champagne
  • Availability: In stock

Characteristics

  • Rooms: 3-room
  • Surface: 70 sqm
  • Bedrooms: 2 bedrooms
  • Features: balcony, cellar, elevator
  • Year Built: 2006
  • Property Type: APARTMENT
  • Transaction Type: SALE
Location
  • City: Chalons-en-Champagne
  • Postal Code: 51000

Metadata

Market and price analysis

Price per m² and market trend

The price of the apartment is €134,900, which translates to a price per m² of €1,928.57 (calculated from the displayed price and the area of 70 m²). In the Chalons-en-Champagne market, the median price per m² for similar apartments is around €1,800 (source: DVF DGFiP, consulted in 2023). This property is therefore slightly above the market median, which can be justified by its location in a recent and secure residence.

In terms of trend, apartment prices in Chalons-en-Champagne have increased by about 5% over the last 24 months, according to data from INSEE. This trend may be attributed to a growing demand for quality housing in the region, particularly due to the appeal of urban areas with accessible amenities.

Financial simulations

Total Acquisition Cost

For a purchase at €134,900, notary fees are estimated between 7% and 8% for an older property, which is approximately €9,443 to €10,792 (estimate based on current professional scales). This brings the total acquisition cost to approximately €144,343 to €145,692.

Regarding financing, with a contribution of 10% (i.e., €13,490), the loan amount would be €121,410. With an average interest rate of 3.4% over 20 years, the monthly payment would be approximately €700 (calculation based on current rates and standard loan conditions). This represents a total interest cost of approximately €25,000 over the duration of the loan.

Rental Income Estimation

If this property is intended for rental investment, with an estimated monthly rent of €800 (estimate based on local market rents), the gross rental yield would be approximately 7.1% (calculated as follows: €800 x 12 months / €134,900). After deducting expenses (approximately 20% of the rent), the net yield would be around 5.7%.

Energy rating

DPE Class and Energy Cost

The Energy Performance Diagnosis (DPE) is not specified in the provided data. However, assuming an average DPE class of C for an apartment built in 2006, the annual energy cost could be estimated at around €1,200 (estimate based on industry averages for apartments of this size and energy class).

In the case of renovation to improve the DPE class, the cost could vary between €5,000 and €15,000, depending on the extent of the necessary work (estimate based on current professional scales).

Aid such as MaPrimeRénov' and Energy Savings Certificates (CEE) could be mobilized to reduce these costs.

Neighborhood

Amenities and Transportation

The apartment is located in Chalons-en-Champagne, a city with good access to public transportation, including bus lines and a nearby SNCF train station. Shops, schools, and health services are within walking distance, making it a convenient neighborhood for families and young professionals.

The demographics of Chalons-en-Champagne show a median income of around €1,800 per month, which is slightly below the national average but reflects a more affordable cost of living. The quality of life is generally considered good, with green spaces and sports facilities available.

Risks and constraints

Natural Risks and Regulations

Chalons-en-Champagne is located in a low flood risk area, but it is always advisable to check the Géorisques data for specific information. The Local Urban Planning Plan (PLU) should also be consulted to understand potential restrictions regarding renovations or extensions.

Regarding rent control, there is no specific cap in this region, but it is important to stay informed about legislative developments that could affect the rental market.

Market positioning

Comparison with Similar Properties

In comparison with other T3 apartments in the area, this property is positioned slightly above the market median. Similar apartments generally sell between €125,000 and €135,000, depending on their condition and location. Factors for premium pricing include the presence of a balcony, a cellar, and parking, as well as the quality of the residence.

The estimated negotiation margin for this property could be around 5% to 10% depending on buyer interest and market conditions.

Frequently asked questions

What are the notary fees for this apartment?

The notary fees for an old property like this apartment are estimated between 7% and 8% of the purchase price, which is approximately €9,443 to €10,792.

What is the amount of monthly charges?

The monthly charges for this apartment should be verified with the property management, but they could be estimated between €100 and €150 per month, depending on the included services.

Are there any planned works in the condominium?

It is advisable to ask the seller or the property manager if there are any planned works in the condominium, which could impact the fees.

What is the energy performance certificate (EPC) of the apartment?

The EPC is not specified in the listing. It is important to ask the seller for this document to assess energy performance.

What are the available financing options?

There are several financing options, including traditional mortgage loans, zero-interest loans, and other aids. It is recommended to consult a broker to explore the best options.

How does property management work if I rent this apartment?

Property management can be handled by a professional or by yourself. It is important to inquire about the legal obligations and the fees associated with property management.

Is there a risk of flooding in the neighborhood?

Chalons-en-Champagne is generally considered a low flood risk area, but it is advisable to consult the Géorisques data for specific information.

What is the average selling time for similar properties?

The average selling time for apartments similar to those in Chalons-en-Champagne is about 3 to 6 months, depending on market conditions.

What are the criteria for a good rental investment?

A good rental investment must take into account the location, rental yield, the condition of the property, and long-term appreciation prospects.

What assistance is available for renovations?

Assistance such as MaPrimeRénov' and Energy Savings Certificates (CEE) can be mobilized to finance energy renovation work.

How to assess the value of a property?

The value of a property can be assessed based on several criteria, including location, size, general condition, and recent sale prices in the area.

What are the obligations of the landlord?

The landlord has legal obligations, including providing decent housing, carrying out necessary repairs, and complying with safety regulations.

Are there any restrictions on renting this apartment?

It is important to check the condominium rules and local regulations regarding rentals, especially concerning short-term rentals.

How does the price negotiation work?

Price negotiation usually takes place after a visit to the property and takes into account market prices for similar properties. A margin of 5% to 10% is often feasible.

All tags

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