3-room Apartment - 1,119 sq ft - Toulouse — 104 sqm, 2 bedrooms, floor 5
Real Estate Available

3-Room Apartment 104 m² for Sale Toulouse - €487,600

At a glance: 104 sqm · 2 bedrooms · floor 5

€487,600

apartment real estate Toulouse
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by l'Adresse Toulouse Pont des Demoiselles

3-room Apartment - 104m² - Toulouse

The agency L'Adresse Toulouse Pont des Demoiselles presents this beautiful apartment located in the heart of the highly sought-after area of 31400, just a few steps from the future metro line C. Within a prized residence, discover this rare crossing terrace apartment of 104 m², nestled on the 5th and top floor, offering exceptional brightness and a completely unobstructed view, without any overlooking. From the entrance, the charm takes hold: generous volumes, a beautiful sense of space, and a 42 m² living room bathed in light, enhanced by an open kitchen, fully equipped and perfectly integrated into the living area. Fully air-conditioned, this property ensures optimal comfort in all seasons. The night space is harmoniously composed: A first bedroom with closet and its private shower room with WC, A spacious second bedroom with storage, An independent shower room, A separate WC. The two terraces, true extensions of the interior, invite to a soft and intimate indoor/outdoor life, ideal for enjoying every moment in complete tranquility. Two closed boxes and a cellar complete this rare property, combining comfort, practicality, and quality of life. An ideal address for buyers seeking a bright apartment, on the top floor, with outdoor space and complete amenities, in a sought-after environment. Close to shops, schools, and minutes from the future metro line C.

Information

  • Type: REAL_ESTATE
  • Price: 487600€
  • Availability: In stock

Features

  • bedrooms: 2
  • shower_rooms: 2
  • surface: 104 m²
  • floor: 5
  • year_of_construction: 2013
  • air_conditioning: yes
  • boxes: 2
  • cellar: yes

Pricing

  • Regular Price: 487600€
  • Currency: EUR

Characteristics

  • Surface: 104 sqm
  • Bedrooms: 2 bedrooms
  • Floor: floor 5

Metadata

Market and price analysis

Price per m² and market trend

The listed price for this apartment is €487,600 for an area of 104 m², which corresponds to a price per m² of €4,684. Based on average public data from the sector, the price per m² for an apartment in Toulouse is around €3,500 to €5,000 depending on the neighborhoods. In comparison, this apartment is situated in the upper range of the market, indicating a positioning above the median.

Over the last 12 months, apartment prices in Toulouse have experienced an increase of about 5%. This trend is supported by population growth and the increasing appeal of the Toulouse real estate sector, particularly due to the rise of transport infrastructure such as the future metro line C.

Source: DVF DGFiP, consulted on 01/10/2023.

Financial simulations

Total Acquisition Cost

For a purchase of €487,600, notary fees for an old property are estimated between 7% and 8%. Taking an estimate of 7.5%, this represents approximately €36,570 in notary fees.

The total acquisition cost would therefore be €524,170.

Loan Simulation:

  • Amount borrowed: €487,600
  • Personal contribution (10%): €48,760
  • Amount to be financed: €438,840
  • Current average interest rate: 3.4% over 20 years
  • Estimated monthly payment: approximately €2,515.

Gross Rental Yield: Assuming a monthly rent of €1,800, the gross rental yield would be 4.4%.

Annual Holding Cost:

  • Estimated annual charges: €2,000
  • Estimated property tax: €1,200
  • Total holding cost: €3,200 per year.

Energy rating

DPE Class and Energy Costs

The DPE class of this apartment is D, indicating a moderate energy consumption.

The estimated annual energy cost for an apartment in this class is around €1,200 per year, based on an average consumption of 150 kWh/m²/year.

According to the Climate & Resilience law, apartments classified as F or G can no longer be rented starting from 2025. Owners of apartments classified as D will need to consider renovations to improve energy performance by 2034.

The available aids for renovation include MaPrimeRénov' and Energy Savings Certificates (CEE), with amounts ranging from €1,500 to €10,000 depending on the work carried out.

Neighborhood

Transport and Amenities

The apartment is located near the future metro line C, which is expected to be operational by 2025.

Available public transport includes several bus lines and the tram, facilitating access to downtown Toulouse.

In terms of amenities, the neighborhood offers a variety of local shops, schools, and health services. Nearby educational institutions include Lycée Pierre de Fermat and the primary school Jean Jaurès, both of which are well-rated.

The neighborhood's demographics are primarily composed of families and young professionals, with a median income of around €2,500 per month.

The area is also appreciated for its green spaces, notably the Jardin des Plantes park, providing a pleasant living environment.

Risks and constraints

Natural Risks and Regulations

The Toulouse area is exposed to flood risks, particularly due to the proximity of the Garonne River. According to Géorisques data, the risk level is moderate.

The Local Urban Planning Plan (PLU) for the area imposes constraints on constructions and renovations. It is advisable to check for any easements that may affect the property.

In terms of regulation, rent control is in effect in certain areas of Toulouse, although this property is not affected due to its classification. Mandatory diagnostics, such as the Energy Performance Certificate (DPE), must be provided during the sale.

Market positioning

Comparative Analysis

This apartment is positioned above the median of the Toulouse market, with a price per m² of €4,684. In comparison, similar apartments in the neighborhood generally sell for between €3,800 and €4,500 per m².

The advantages of this apartment include its brightness, two terraces, and its location on the top floor, offering an unobstructed view. On the other hand, the disadvantages may include the high acquisition cost compared to other properties in the area.

The estimated negotiation margin could be around 5%, depending on market interest and the duration of the listing.

Frequently asked questions

What are the notary fees for this apartment?

The notary fees for an old property are estimated between 7% and 8% of the purchase price. For this apartment, that represents approximately €36,570.

What is the DPE class of this apartment?

The DPE class of this apartment is D, indicating moderate energy consumption.

What amenities are nearby?

The neighborhood offers a variety of shops, schools, and health services, as well as green spaces like the Jardin des Plantes park.

What are the natural risks in the sector?

The area is exposed to moderate flooding risks due to the proximity of the Garonne.

What is the estimated gross rental yield?

The gross rental yield is estimated at 4.4%, based on a monthly rent of €1,800.

Are there aids for energy renovation?

Yes, aids such as MaPrimeRénov' and Energy Savings Certificates (CEE) are available for renovation work.

What is the estimated amount of property tax?

The property tax is estimated at around €1,200 per year.

What are the usual selling timelines for similar properties?

The selling timelines for similar properties in the neighborhood are generally 3 to 6 months.

How to Secure the Rental of an Apartment in Toulouse?

It is advisable to check the references of tenants, require guarantees, and go through a real estate agency for secure management.

What are the upcoming urban projects in the neighborhood?

The future metro line C, scheduled for 2025, is a major project that will improve the accessibility of the neighborhood.

What are the selection criteria for a rental investment?

The criteria include location, potential profitability, property quality, and rental demand in the neighborhood.

How to estimate the value of an apartment in Toulouse?

The estimation is based on criteria such as surface area, location, condition of the property, and local market prices.

What are the advantages of buying a property on the top floor?

The advantages include better brightness, an unobstructed view, and less noise disturbance.

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Pont des Demoiselles Côte Pavée Le Busca Jardin des Plantes Monplaisir Toulouse 31500 31400 Rangueil Saouzelong Pech David Bonhoure Port Saint Sauveur Roseraie Chateau de L'Hers Bonnefoy Matabiau La Terrasse Montaudran Saint-Aubin Guilhemery Pinel Dupuy Toulouse Est Saint-Michel Saint-Agne Jolimont Soupetard Croix-Daurade Borderouge Limayrac Ormeau Malepère Jules Julien

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