9-room house 354 m² for sale Castelmaurou - €1,180,000

The listed price for this house is €1,180,000, which is a price per m² of €3,334.65 (calculated from the listed price and the area of 354 m²).

Comparison with the local market

• Median price per m² in Castelmaurou: Approximately €2,800 (source: DVF DGFiP, 2023).
• Difference: The price of this house is 19% higher than the market median.

Price trend

• Over the last 12 months, prices in the area have increased by about 5%, indicating growing demand for properties in this area.

Property positioning

• This house is positioned in the high-end segment of the market, attracting potential buyers looking for spacious and well-located properties.

For a purchase at €1,180,000, notary fees are estimated between 7% and 8% for an old property, or approximately €82,600 to €94,400 (indicative range based on current professional scales).

Loan simulation

• Amount borrowed: €1,180,000 - 10% down payment (€118,000) = €1,062,000
• Average interest rate: 3.4% over 20 years
• Estimated monthly payment: Approximately €5,900 (calculated from interest rates and duration).

Annual holding cost

• Property tax: Estimate based on sector averages, approximately €2,500 per year.
• Home insurance: Approximately €1,200 per year.
• Maintenance: Estimated at 1% of the property's value per year, or €11,800.

The DPE (Energy Performance Diagnosis) of this house is rated D.

Estimated annual energy cost

• Approximately €2,500 per year (estimate based on average energy consumption for a house of this size and class).

Rental bans

• According to the Climate and Resilience law, homes rated F or G can no longer be rented starting in 2025.
• This house, rated D, is not affected by this ban.

Estimated renovation cost

• To improve the energy class to C, the cost of work is estimated between €15,000 and €30,000 (indicative range based on current professional scales).

Available aids

• MaPrimeRénov': Aid of up to €10,000 depending on income and the nature of the work.

Access and transport

• Proximity to Toulouse: Castelmaurou is located about 15 km from Toulouse, accessible via road D88.
• Public transport: Regular bus line to Toulouse, with a travel time of about 30 minutes.

Amenities

• Local amenities: Supermarkets, bakeries, schools, and health services within 5 minutes by car.
• Schools: Several quality educational institutions, with academic results above average.

Quality of life

• Green spaces: Many parks and natural areas nearby, promoting a pleasant living environment.
• Demographics: Growing population, with a median household income of about €35,000 (source: INSEE, 2021).

Natural risks

• Flooding: Castelmaurou is located in a non-flood zone according to Géorisques data.
• Seismicity: Low seismicity zone, with minimal risk.

Regulations

• PLU (Local Urban Plan): Check the construction and extension rules applicable to the property.
• Mandatory diagnostics: DPE, lead, asbestos, electricity, gas, to be provided at the time of sale.

Buyer rights

• Withdrawal period: 10 days after signing the sales agreement.
• Negotiation: Possibility to negotiate the price, taking into account the state of the market and the characteristics of the property.