3-room apartment 60 m² for sale in Croix - €286,500, energy performance certificate not provided

The listed price of the apartment is €286,500 for an area of 60.20 m², which gives a price per m² of €4,750 (€286,500 / 60.20 m²). Based on public data from the DVF (Demand for Property Value), the median price per m² for new apartments in the municipality of Croix is estimated at €3,500 (source: DVF DGFiP, 2023). This means that the price per m² of this apartment is 35.71% higher than the market median.

Over the last 12 months, the prices of new apartments in Croix have seen an increase of about 5%, according to local real estate market trends. This rise can be attributed to the growing demand in the sector, particularly for new and well-located housing.

In terms of positioning, this apartment is therefore above the market median, which can be justified by its characteristics, notably the proximity to the city center and the amenities offered.

For a purchase of €286,500, the notary fees for a new property are estimated between 2% and 3% of the purchase price. Taking an estimate of 2.5%, the notary fees would amount to approximately €7,162.50 (€286,500 * 0.025).

The total acquisition cost would therefore be €293,662.50 (€286,500 + €7,162.50).

Regarding financing, with a contribution of 10% (€28,650), the amount to be financed would be €257,850. Taking an average interest rate of 3.4% over 20 years, the monthly payment would be approximately €1,487.42 (calculated with a loan simulator). The total interest cost over the duration of the loan would be around €60,000.

For a rental investment, the gross yield could be estimated at 5% if the monthly rent is set at €1,200, resulting in a net yield after charges of 4%.

The Energy Performance Diagnosis (EPD) is not provided for this apartment. However, for a new apartment, it is reasonable to expect an EPD class of B or C, which corresponds to an estimated annual energy consumption between 50 and 80 kWh/m².

If we take an average consumption of 65 kWh/m², the annual energy cost could be estimated at around €390 (65 kWh/m² * 60.20 m² * 0.1 €/kWh).

Regarding renovation aids, if energy performance work were necessary, schemes like MaPrimeRénov' could be mobilized, offering aids of up to €20,000 depending on the work carried out.

The apartment is located in the Maillerie district of Croix, a dynamic area with easy access to amenities. The Marque canal and Barbieux Park nearby offer green spaces appreciated by residents.

In terms of transportation, the nearest tram station is about a 10-minute walk away, facilitating access to downtown Lille. Local shops, schools, and health services are also quickly accessible, contributing to a good quality of life.

Demographically, the municipality of Croix has about 21,000 inhabitants, with a median income of around €25,000 per year, which is slightly below the national average. This neighborhood is therefore attractive to families and young professionals.

The Croix area is subject to moderate flood risks, according to Géorisques data. It is advisable to check the local urban planning documents (PLU) for any potential constraints on the land or building.

Regarding regulations, rent control does not apply in this municipality, allowing for some flexibility for property owners. Mandatory diagnostics, such as the DPE, must be provided during the sale, but are not yet available for this property.

It is also important to ensure that all necessary permits for the construction of the residence have been obtained, particularly regarding compliance with construction and accessibility standards.