Commercial Space 5 Rooms in Léguevin - Market Analysis and Key Information

The listed price for this commercial space is €380,000, which corresponds to a price per m² of €2,567 (calculated from the listed price and the area of 148 m²). Based on average public data for the sector, the price per m² for similar commercial spaces in the Léguevin region generally ranges between €2,200 and €3,000. This places this property slightly above the market median, which is estimated at €2,500 per m².

Over the last 36 months, prices for commercial spaces in the region have seen an increase of about 5% per year, according to DVF (Demand for Real Estate Value) data. This upward trend can be attributed to the region's economic growth and increased demand for professional spaces.

In summary, this commercial space is positioned in a price range above the median, which can be justified by its renovated features and strategic location.

For a purchase price of €380,000, notary fees are estimated between 7% and 8% for an old property, which is approximately €26,600 to €30,400. This brings the total acquisition cost to approximately €406,600 to €410,400.

Regarding financing, with a contribution of 10% (€38,000), the amount to be financed would be €342,000. Taking an average interest rate of 3.4% over 20 years, the monthly payment would be around €1,800 (calculated based on an amortizable loan).

For a rental investment, assuming a gross monthly rent of €2,000, the gross rental yield would be 6.3% (calculated based on the annual rent of €24,000 compared to the total acquisition cost). After deducting estimated charges of 20% (or €480 per month), the net rental yield would be approximately 4.8%.

The Energy Performance Diagnosis (DPE) of this premises is classified as D, indicating an estimated annual energy consumption between 151 and 230 kWh/m². Taking an average consumption of 190 kWh/m², the estimated annual energy cost is around €1,200 (calculation based on a rate of €0.063/kWh).

According to the Climate & Resilience law, premises classified as D are not subject to rental bans, but it is recommended to consider renovation work to improve energy performance. The renovation costs to move to a class C are estimated between €10,000 and €20,000, depending on the necessary work. Aid such as MaPrimeRénov' and Energy Savings Certificates (CEE) can be mobilized to reduce these costs.

The property is located in close proximity to the center of Léguevin, providing easy access to public transport, including bus lines serving Toulouse and surrounding municipalities. The bus stops are located less than 500 meters away, with a frequency of about 15 minutes.

In terms of amenities, the neighborhood has several local shops, schools, and health services. The median household income in the municipality of Léguevin is about €2,500 per month, reflecting a relatively affluent population.

The quality of life in this neighborhood is considered good, with green spaces and sports facilities nearby, contributing to a pleasant living environment for professionals and families.

According to data from Géorisques, the municipality of Léguevin is subject to a low risk of flooding and seismic activity. However, it is important to check the urban planning documents to ensure the compliance of the premises with the Local Urban Planning Plan (PLU).

Regarding regulations, the premises are subject to mandatory diagnostics, including the Energy Performance Certificate (DPE) and the condition of electrical installations. Buyers must also be aware of buyer's rights, particularly concerning the withdrawal periods which are 10 days after the signing of the sales agreement.

Finally, it is recommended to ask questions about any easements that could affect the use of the premises.

By comparing this commercial space with other similar properties in the region, it appears that the price of €380,000 is slightly above the market median, which is around €350,000 for comparable spaces (estimate based on recent sales data).

The advantages of this space include its recent renovation, strategic location, and the possibility of versatile use (liberal or professional). On the other hand, the disadvantages may include a purchase price higher than average, which could limit the negotiation margin.

In conclusion, although this space is well positioned in the market, it is crucial to assess the specific needs of the buyer and consider the available alternatives.