House T5 113 m² for sale Marseille 13011 - €579,000

The selling price of the house is €579,000, for an area of 113 m², which gives a price per m² of €5,126/m² (€579,000 / 113 m²).

Based on data from the DVF (Demand for Land Value), the median price per m² in the 11th arrondissement of Marseille is approximately €4,500/m². Thus, the price of this house is 14% above the market median.

The price trend in the area has shown an increase of about 3% per year over the last two years, reflecting sustained demand in this neighborhood.

Positioning: This property is therefore above the market median, which can be justified by its features (swimming pool, garden, master suite).

For the purchase of this house, notary fees are estimated between 7% and 8% of the purchase price, or approximately €40,530 to €46,320.

The total acquisition cost would therefore be between €619,530 and €625,320.

Considering a loan at an average rate of 3.4% over 20 years with a down payment of 10% (€57,900), the monthly payments would be around €2,800.

Rental yield: If this house were rented, the rent could be estimated at €1,800/month, which would give a gross rental yield of approximately 3.7% (€21,600 annual income / €579,000).

The subdivision charges amount to €445/year and the property tax to €3,014/year. Adding maintenance and insurance costs, the annual holding cost could be estimated at around €4,500.

The Energy Performance Diagnosis (DPE) is not specified in the provided data. However, an estimate for a house of this size and age (2000) could classify it around class D.

The annual energy cost could be estimated at around €1,200, based on average consumption for a house of this size.

Rental bans: According to the Climate & Resilience law, housing classified F or G can no longer be rented from 2025.

Renovation cost: To improve the energy class of a house from D to C, the renovation cost could vary between €15,000 and €25,000, depending on the necessary work.

Available aids: Aids such as MaPrimeRénov' may be available to reduce the cost of work.

The house is located in the 11th arrondissement of Marseille, a calm and residential area. Public transport is accessible, with several bus lines nearby.

Schools are less than 1 km away, which is an asset for families. Local shops are also available, with a supermarket and local boutiques less than 500 meters away.

Demographics: The median income in this neighborhood is around €2,200 per month, with a predominantly family population.

Quality of life: The neighborhood is appreciated for its tranquility, green spaces, and family-friendly atmosphere.

The Marseille area is subject to flood risks, particularly due to its proximity to the coast. It is advisable to consult the available risk maps on the Géorisques website.

The PLU (Local Urban Plan) should be checked to ensure that no constraints weigh on the land.

Mandatory diagnostics: Energy performance, lead, asbestos, and termite diagnostics must be provided at the time of sale.

Rent control: If the house is intended for rental, it is important to check the current rent ceilings in the area.