T2 House 54 m² for Sale Marseille 13011 - €229,000

The displayed price for this house is €229,000 for a surface area of 54 m², which translates to a price per m² of €4,241.48 (calculated from the displayed price and declared characteristics). This value is higher than the median price per m² in the 11th arrondissement of Marseille, which is around €3,800 (source: DVF DGFiP, consulted in October 2023). Over the last 12 months, prices in this area have increased by about 5%, indicating an upward trend in the local real estate market.

The house is positioned in a medium to high price segment, which may attract buyers looking for a property with specific features such as a garden and a garage.

For a purchase at €229,000, notary fees are estimated between 7% and 8% for an older property, which is approximately €16,030 to €18,320 (estimate based on current professional scales). The total acquisition cost would therefore be between €245,030 and €247,320.

For a fixed-rate loan of 3.4% over 20 years with a down payment of 10% (€22,900), the amount borrowed would be €206,100. The monthly payment would be approximately €1,166 (calculated based on current rates).

In terms of rental yield, if the property is rented for €1,200 per month, the gross yield would be 6.3% (calculated from the annual rent divided by the purchase price).

The DPE class of the house is not specified in the provided data. However, if we consider an average DPE class for houses of this age (1960), we can estimate an annual energy consumption of about €1,500 (estimate based on average public sector data).

The Climate and Resilience Law imposes rental bans for housing classified as F or G starting in 2025. It is therefore advisable to check the DPE class and consider renovation work if necessary. Assistance such as MaPrimeRénov' can be mobilized to improve energy efficiency.

The house is located in the 11th arrondissement of Marseille, an area that benefits from relatively easy access to public transport, including bus lines and the metro. The nearest metro station is about a 15-minute walk away.

The neighborhood also offers local shops, schools, and green spaces, making it a pleasant place to live for families. The demographics of this neighborhood mainly consist of families and young professionals, with a median income of around €2,200 per month (source: INSEE, consulted in October 2023).

The Marseille 11 sector is subject to flood risks, particularly due to the proximity of certain wetlands. It is recommended to consult the Géorisques data to assess the specific risks associated with this property.

In terms of regulations, it is important to check the PLU (Local Urban Planning) to understand the construction and development rules. Mandatory diagnostics must also be provided by the seller, including the DPE, asbestos, and lead if applicable.

By comparing this house with other similar properties in the 11th arrondissement, it is noted that the price per m² is above the median. For example, 2-room houses in the area sell on average between €3,800 and €4,000 per m². This house, with a price per m² of €4,241.48, is therefore above the median.

The advantages of this house include a garden, a garage, and a workshop, which can justify this higher price. However, the buyer must be aware that the market is competitive and negotiations may be necessary.