T8 House 225 m² for sale La Penne-sur-Huveaune - €800,000

The listed price for this house is €800,000, which corresponds to a price per m² of €3,555.56 (calculated from the listed price and declared characteristics). In the La Penne-sur-Huveaune market, the median price per m² for old houses is around €3,200, indicating that this house is above the sector median by 11.1%. Over the last 12 months, house prices in this area have increased by about 5%, according to DVF DGFiP data. The demand for spacious houses with gardens remains strong, particularly in the post-COVID context where buyers prioritize outdoor spaces.

• Estimation based on average public sector data: Houses with a garden and good access to amenities are particularly sought after, which may justify this pricing position.

For a purchase at €800,000, notary fees are estimated between 7% and 8% for an old property, or approximately €56,000 to €64,000. This brings the total acquisition cost to about €856,000 to €864,000.

• Loan simulation: If the buyer finances 90% of the purchase price (€720,000) with an average interest rate of 3.4% over 20 years, the monthly payments would be around €4,200 (calculated based on a standard loan simulator).

• Rental yield: If this house is rented, with an estimated rent of €3,500 per month, the gross rental yield would be 5.25% (calculated on the purchase price). Taking into account charges and property tax, the net yield could drop to about 4.5%.

The Energy Performance Diagnosis (DPE) is not specified in the provided data. Generally, for a house of this size, the annual energy cost can vary between €1,500 and €2,500, depending on the energy efficiency of the building.

• Estimated renovation cost: To improve the DPE class of an old house, costs can range from €15,000 to €50,000, depending on the necessary work (insulation, heating system, etc.).

• Available aids: Aids such as MaPrimeRénov' may be available for energy renovation work, with amounts reaching up to €20,000 depending on income and the type of work.

La Penne-sur-Huveaune is a municipality located near Marseille, offering a pleasant living environment with easy access to public transport. The nearest train station is about 10 minutes by car, with regular lines to Marseille.

• Amenities: The municipality has several schools, local shops, and green spaces, making it a desirable place to live for families.

• Demographics: The population of La Penne-sur-Huveaune is about 15,000 inhabitants, with a median income per household of around €2,500 per month, which is slightly above the national average.

• Urban projects: Several urban development projects are underway, aiming to improve infrastructure and services in the municipality.

La Penne-sur-Huveaune is subject to flood risks, particularly in areas close to the river. It is advisable to consult Géorisques data to assess the specific risks for this property.

• PLU and zoning: It is important to check the Local Urban Plan (PLU) to ensure that the property complies with construction and development standards.

• Mandatory diagnostics: Ensure that all property diagnostics (asbestos, lead, termites) are up to date and comply with legal requirements.