T4 Apartment - 73m² - Marseille — 4-room, 72.95 sqm, 3 bedrooms
Real Estate Available

T4 Apartment 73 m² for Sale Marseille 13011 - €240,000

At a glance: 4-room · 72.95 sqm · 3 bedrooms

Brand: Laforêt MARSEILLE 11EME

€240,000

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by Agence Laforêt Marseille 11

T4 Apartment - 73m² - Marseille

The Laforêt agency offers you this fully renovated 72.95 m² apartment located within a quiet residence where no work is required for immediate move-in. This property features three comfortable bedrooms as well as a beautiful terrace complemented by a small balcony and a functional loggia providing several private outdoor spaces to fully enjoy this turnkey home.

Information

  • Type: REAL_ESTATE
  • Price: 240000€
  • Brand: Laforêt MARSEILLE 11TH
  • Availability: In stock

Characteristics

  • Rooms: 4-room
  • Surface: 72.95 sqm
  • Bedrooms: 3 bedrooms
  • Property Type: APARTMENT
  • Transaction Type: SALE
Features (9)
  • terrace
  • balcony
  • loggia
  • calm
  • fully renovated
  • 3 bedrooms
  • residence
  • immediate installation
  • turnkey housing
Location
  • City: Marseille
  • Postal Code: 13011

Metadata

Market and price analysis

Price per m² and market trend

The listed price for this apartment is €240,000 for an area of 73 m², which translates to a price per m² of €3,287.67 (calculated from the listed price and declared characteristics).

Comparison with the local market

According to data from the DVF (Demand for Land Value), the median price of apartments in the 11th arrondissement of Marseille is approximately €2,800 per m². This property is therefore positioned above the market median by 17.4%.

Price trend

Over the last 12 months, apartment prices in Marseille have seen an increase of about 5%, and the trend seems to be holding, with increased demand in this sector.

Property positioning

The apartment is located in a quiet and fully renovated residence, which may justify a price higher than the median. However, it is essential to consider the competition from other similar properties in the neighborhood.

Financial simulations

Total Acquisition Cost

For a purchase at €240,000, notary fees are estimated between 7% and 8% in the old sector, which is approximately €16,800 to €19,200 (estimate based on current professional scales).

Loan Simulation

With a contribution of 10% (€24,000), the amount to be financed would be €216,000.

Loan Details:
  • Amount Borrowed: €216,000
  • Interest Rate: 3.4% (current average rate)
  • Duration: 20 years

The monthly repayment would be approximately €1,200 (calculated based on standard interest rates and durations).

Annual Holding Cost

  • Estimated Property Tax: Approximately €1,200 per year (estimate based on industry averages)
  • Condominium Fees: Approximately €1,500 per year (estimate based on local data).

Gross Rental Yield

If this apartment is rented, the monthly rent could be estimated at €1,200, resulting in a gross rental yield of 6% (calculated from the annual rent divided by the purchase price).

Energy rating

Energy Performance Class and Consumption

The Energy Performance Diagnosis (DPE) is not mentioned in the provided data. However, if the apartment is fully renovated, it could be classified between B and D.

Estimated Annual Energy Cost

  • Estimation: If classified D, the energy cost could be €1,200 per year (estimation based on the average consumption of similar apartments).

Rental Bans

With the Climate & Resilience law, apartments classified F or G can no longer be rented since 2023. It is therefore crucial to check the energy class before purchasing.

Available Assistance

Assistance such as MaPrimeRénov' may be available for additional renovations, with amounts ranging from €1,000 to €20,000 depending on the work.

Neighborhood

Transportation and Amenities

The apartment is located in Marseille, in the 11th arrondissement, which is well served by public transport.

Nearby Transportation

  • Bus Line: Several bus lines serve the area, with quick access to the city center.
  • Metro: The nearest metro station is about a 15-minute walk away.

Amenities

  • Amenities: Proximity to supermarkets, schools, and green spaces.
  • Schools: Several educational institutions are within walking distance, which is a plus for families.

Neighborhood Demographics

  • Median Income: Approximately €25,000 per year (estimate based on INSEE data).
  • Composition: Family-friendly neighborhood with a diverse population.

Risks and constraints

Natural Risks and Regulations

The Marseille 11 district is exposed to certain natural risks.

Natural Risks

  • Flooding: Area at moderate risk, according to Géorisques data.
  • Seismicity: Marseille is in a low to moderate seismic zone.

PLU and Zoning

  • Local Urban Planning Plan: Check the current construction and urban planning rules.

Regulatory Context

  • Rent Control: Currently, there is no specific rent control in this area, but this could change.

Market positioning

Comparative Analysis

This apartment is positioned above the market median.

Comparison with Similar Properties

  • Comparable Properties: Other T4 apartments in the area are selling between €220,000 and €250,000 (estimate based on recent listings).
  • Premium Factors: Recent renovation, outdoor space (terrace and loggia).
  • Negotiation Margin: Generally, properties in this area can be negotiated up to 5% below the listed price, but current demand may limit this margin.

Frequently asked questions

What are the notary fees for this apartment?

Notary fees for a purchase in the old property market are estimated between 7% and 8% of the purchase price, which is approximately €16,800 to €19,200.

What is the amount of property tax?

The property tax is estimated at around €1,200 per year, according to industry averages.

What schools are nearby?

There are several schools within walking distance in the neighborhood, which is an advantage for families.

Are there flood risks in the neighborhood?

The neighborhood is classified as having a moderate flood risk according to Géorisques data.

What is the potential rental yield?

The gross rental yield could be estimated at 6% if the rent is set at €1,200 per month.

What assistance is available for renovations?

Assistance such as MaPrimeRénov' may be available for renovations, with amounts ranging from €1,000 to €20,000.

Is there rent control in this sector?

Currently, there is no specific rent control in this sector, but that could change.

What is the estimated annual energy cost?

If rated D, the energy cost could be €1,200 per year, according to consumption averages.

What are the sales timelines in this sector?

The sales timelines for similar properties are around 3 to 6 months, depending on demand.

Are there urban projects nearby?

Urban development projects are underway in the area, which could influence prices in the future.

What are the characteristics of co-ownership?

It is important to request information about co-ownership fees and planned work.

Are there any easements on the property?

It is advisable to check if there are any easements that could affect the use of the apartment.

What is the general condition of the building?

Requesting a condition report of the building can be useful for assessing the work to be planned.

What are the sales terms?

It is important to clarify the sales terms and the seller's response times.

All tags

terrace balcony loggia quiet fully renovated 3 bedrooms residence immediate installation turnkey housing possibility to acquire a garage close to shops close to schools close to transport rental investment family sale for sale purchase apartment apartment sale apartment for sale apartment purchase T4 F4 4 rooms 4-room apartment T4 apartment 3-bedroom apartment 73m² 73 m² 73m2 50 to 80m² 73m² apartment T4 apartment 73m² Marseille Marseille apartment Marseille apartment sale Marseille apartment for sale Marseille apartment purchase Marseille sale Marseille for sale Marseille purchase T4 Marseille 4 rooms Marseille T4 apartment Marseille 13011 Marseille 13011 department 13 Marseille apartment 13011

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Catchment areas

Marseille 11, 13011 Allauch, 13190 Plan-de-Cuques, 13180 Marseille, 13010 la penne sur huveaune, 13821

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