3-Room Apartment 64 m² in Baziège - €149,500

The listed price of the apartment is €149,500 for an area of 64 m², which gives a price per m² of €2,336.25 (calculated from the listed price and declared characteristics). In the Baziège market, prices per m² for similar apartments range between €2,200 and €2,600, placing this property in the median range.

Over the last 12 months, the real estate market in Baziège has seen a price increase of about 5%, according to DVF data (Land Value Data). This trend is in line with the general increase in real estate prices in the Toulouse metropolitan area, which recorded a rise of 4% over the same period.

In comparison, the median price per m² in Toulouse is €3,500, indicating that Baziège remains a more affordable option for buyers looking to get closer to Toulouse without the high prices of the city center.

For comparison, a T2 apartment in the Toulouse area is generally offered between €2,800 and €3,200 per m².

For a purchase of €149,500, notary fees for an old property are estimated between 7% and 8%. Taking an estimate of 7.5%, this represents approximately €11,213 in notary fees (calculation based on the displayed price and declared characteristics).

The total acquisition cost would therefore be €160,713 (€149,500 + €11,213).

Regarding financing, with a contribution of 10% (€14,950), the amount to be financed would be €134,550. At the current average rate of 3.4% over 20 years, the monthly payment would be approximately €786 (calculation based on an amortizable loan).

In terms of rental yield, if this apartment is rented for €800 per month, the gross yield would be 6.4% (€800 x 12 months / €149,500). After deducting charges and property tax estimated at €1,200 per year, the net yield would be approximately 5.4%.

The DPE class of this apartment is D, indicating an energy consumption of 151 to 230 kWh/m²/year. The estimated annual energy cost for an apartment in this class is around €1,200 (estimate based on average public sector data).

According to the Climate & Resilience law, homes classified as F or G will no longer be able to be rented starting in 2025. Although this apartment is classified as D, it is important to plan for energy improvement work to avoid future restrictions.

Available aids to improve energy performance include MaPrimeRénov' and Energy Savings Certificates (CEE), with amounts ranging from €1,500 to €5,000 depending on the nature of the work.

Baziège is located about 20 minutes from Toulouse, providing easy access to the metropolis by road. The municipality is served by regular bus lines, facilitating travel to Toulouse.

Nearby amenities include local shops, schools, and health services. The demographics of Baziège show a population of about 3,000 inhabitants, with a median household income estimated at €27,000 per year (source: INSEE).

The quality of life is generally appreciated, with green spaces and a calm living environment. However, it is important to note that the proximity to Toulouse can lead to noise disturbances related to traffic.

Baziège is located in a low flood risk area, according to Géorisques data. However, it is important to check urban planning documents to ensure there are no easements or restrictions related to construction or development.

The PLU (Local Urban Planning Plan) must be consulted to know the construction and development rules in the municipality. Regarding rentals, it is essential to comply with rent control, which may vary by area. Currently, the rent ceiling for a T2 in Baziège is about €12.50/m², or a maximum rent of €800 for this apartment.