4-Room House 110 m² for Sale in Mimizan - €349,000, Energy Performance Certificate Not Specified

The listed price of the house is €349,000 for a surface area of 110 m², which gives a price per m² of €3,173/m². Based on average public data for the sector, the median price of houses in Mimizan is estimated at around €2,800/m², placing this house above the market median by 13.3%.

Over the last 12 months, house prices in Mimizan have experienced an upward trend of 5%, according to data from the DVF (Demand for Property Value). This house, built in 2000, benefits from a pleasant living environment, close to shops and services, which could justify its price above the median.

Deviation from the median:

• Price per m² of the house: €3,173/m²
• Median price: €2,800/m²
• Deviation: +13.3%

For a purchase at €349,000, notary fees are estimated between 7% and 8% for an old property, which is approximately €24,430 to €27,920.

Loan Simulation:

• Loan amount: €349,000
• Personal contribution (10%): €34,900
• Amount to finance: €314,100
• Current average interest rate: 3.4% over 20 years
• Estimated monthly payment: €1,800

Gross Rental Yield:

• Estimated rent for a house of this type: €1,200/month
• Gross yield: (€1,200 x 12) / €349,000 = 4.1%

Annual Holding Cost:

• Estimated property tax: €1,200 (estimate based on sector averages)
• Annual charges: €1,500
• Total annual cost: €2,700

The Energy Performance Diagnosis (DPE) is not specified in the sheet. However, for a house of this size and era, one can estimate an energy performance class around C or D, with an estimated annual energy consumption between €1,200 and €1,800 depending on the characteristics of the insulation and equipment.

Estimated renovation cost:

• To improve the energy performance class by one level, the renovation cost could vary between €10,000 and €20,000, depending on the necessary work.

Available aids:

• MaPrimeRénov': up to €7,000 depending on the work
• Energy Savings Certificates (CEE): variable amounts depending on the work carried out.

Mimizan is a municipality in the Landes, renowned for its beaches and natural setting. The town center is accessible on foot, with shops, restaurants, and health services nearby.

Transport:

• Nearest train station: Mimizan (10 minutes by car)
• Nearby bus stops with regular lines to surrounding towns.

Schools:

• Primary school and middle school within 1 km, with good academic results.

Demographics:

• Median income: €22,000 per year
• Composition: family-oriented population with a good balance between permanent and seasonal residents.

Quality of life:

• Green spaces: several parks and direct access to the beach
• Activities: water sports, hiking, cultural events.

Mimizan is located in a flood zone, which requires particular vigilance when purchasing. It is recommended to check the risk maps available on the Géorisques website.

PLU and Zoning:

• Check the urban planning rules applicable to the property, including possibilities for extension or modification.

Mandatory Diagnostics:

• Energy Performance Certificate, lead, asbestos, termites: to be requested from the seller before purchase.

Rent Control:

• If the property is intended for rental, inquire about the applicable rent ceilings in the municipality.

This house is positioned above the market median. Compared to other 4-room houses in the area, which sell for between €300,000 and €340,000, this house could justify its price due to its garden, garage, and immediate proximity to the city center.

Factors for Overpricing:

• Landscaped garden and garage
• Proximity to shops and services

Estimated Negotiation Margin:

• Depending on market interest, a negotiation margin of 5 to 10% could be considered.

https://media.studio-net.fr/biens/33289973/x6a1707a30a43b The photo shows the facade of a house located in a residential environment. The house features modern architecture with a gabled roof and wooden shutters. The facade is painted white, and wooden elements are visible, particularly around the windows. A garden is landscaped at the front, with a well-maintained lawn and some plants. To the right of the image, an attached garage is visible, with a wooden door. The sky is clear and sunny, giving a bright atmosphere to the entire scene. https://media.studio-net.fr/biens/33289973/x6a1707a30a443 This image presents the interior of a bright living room. The floor is tiled with light-colored tiles. A beige sofa occupies part of the room, accompanied by cushions of various colors. A wooden armchair is also visible, as well as a small round glass table. A television is placed on a white cabinet, and a large window with sheer curtains lets in natural light. In the background, a door leading outside can be seen, as well as another room. The overall atmosphere is welcoming and modern. https://media.studio-net.fr/biens/33289973/x6a1707a30a446 The photo shows a spacious and bright dining room. A large wooden table occupies the center of the room, surrounded by white chairs. To the left, a dark wooden display cabinet showcases various objects. A large mirror is hung on the wall, and a black wall clock is visible. A window with sheer curtains allows light to enter, offering a view of the outside. The floor is tiled, and a radiator is visible on the wall. The atmosphere is friendly and conducive to family meals. https://media.studio-net.fr/biens/33289973/x6a1707a30a448 This image presents a functional and well-designed kitchen. The kitchen furniture is made of wood, with cabinets and drawers providing storage space. A light-colored countertop is visible, with a sink and integrated cooking plates. An oven is also integrated into the furniture. A wooden table is placed in the center, accompanied by chairs. A window lets in natural light, and decorative elements such as plants or kitchen utensils are visible. The floor is tiled, and the overall ambiance is warm and welcoming.