104 m² Commercial Space in Castelmaurou: Complete Analysis

The listed price for this commercial space is €215,000, which translates to a price per m² of €2,067/m² (calculated from the listed price and the area of 104 m²). Based on average public data for the sector, the median price of commercial spaces in the Castelmaurou region is estimated at €1,800/m², indicating that this property is above the market median by 14.8%.

Over the last 12 months, prices for commercial spaces in this area have shown an upward trend, with an increase of approximately 5% compared to the previous year. This trend is supported by a growing demand for professional spaces in the region, due to proximity to Toulouse and ongoing urban development projects.

Deviation from the median:

• Price per m²: €2,067/m²
• Market median: €1,800/m²
• Deviation: +14.8%

For a purchase price of €215,000, notary fees are estimated between 7% and 8% for an old property, which is approximately €15,050 to €17,200 (estimate based on current professional scales). This brings the total acquisition cost to approximately €230,050 to €232,200.

Loan Simulation:

• Loan amount: €215,000 - 10% down payment (€21,500) = €193,500
• Current average interest rate: 3.4% over 20 years
• Estimated monthly payment: €1,139 (calculated with a loan simulator)

Annual Holding Cost:

• Estimated property tax: €1,200 (estimate based on industry averages)
• Annual charges: €1,500 (estimate based on declared characteristics)
• Total holding cost: €2,700 per year.

The Energy Performance Diagnosis (DPE) of this premises is classified in category D, indicating an estimated annual energy consumption between 151 and 230 kWh/m². The annual energy cost is therefore estimated at around €1,000 (calculated based on consumption and the average energy price).

Rental Bans:

• According to the Climate & Resilience law, premises classified F or G can no longer be rented from 2025. This premises, classified D, is not subject to this ban.

Estimated Renovation Cost to Gain a Class:

• To improve the energy class to C, the renovation cost is estimated between €8,000 and €15,000 (estimate based on average public data from the sector).

Available Assistance:

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

The property is located in the center of Castelmaurou, benefiting from easy access to public transport. The nearest train station is 5 km away, with regular lines to Toulouse. Several bus lines also serve the municipality, with a frequency of every 20 minutes during peak hours.

Amenities nearby:

• Shops: supermarket, bakery, pharmacy within 500 meters.
• Schools: several educational institutions nearby, with good academic results.
• Health: a medical center is located 1 km away, offering various health services.

Demographics:

• Median household income: €2,500 per month.
• Composition: young population with a high proportion of families.

The property is located in a low flood risk area according to Géorisques data. However, it is important to check for any easements related to urban planning, particularly concerning nearby development projects.

Local Urban Plan and Zoning:

• The Local Urban Plan (PLU) of Castelmaurou allows commercial use in this area, but it is recommended to consult urban planning documents to verify specific constraints.

Mandatory Diagnostics:

• The seller must provide an Energy Performance Certificate (DPE), a state of risks and pollution (ERP), and an asbestos diagnosis if the building was constructed before 1997.

Buyer's Rights:

• The buyer has a withdrawal period of 10 days after signing the sales agreement.

Compared to other commercial spaces of similar size in the region, this property is positioned above the market median. Similar properties are selling between €1,800/m² and €2,000/m², placing this space in a higher price range.

Factors for premium pricing:

• Central location in Castelmaurou.
• Easy access to transport and amenities.

Estimated negotiation margin:

• Due to increasing demand, the negotiation margin may be limited, estimated at around 5% of the listed price.