4-room Apartment - 82.76m² - Toulouse L'Ormeau — 82.76 sqm, balcony, floor 2
Real Estate Available

4-room apartment 82.76 m² for sale Toulouse L'Ormeau - €287,000

At a glance: 82.76 sqm · balcony · floor 2 · elevator

€287,000

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

4-room Apartment - 82.76m² - Toulouse L'Ormeau

L'Adresse Toulouse Pont des Demoiselles presents this superb T4 of 83 m² located in the highly sought-after neighborhood of L'Ormeau, in immediate proximity to the future metro station. From the entrance, you will be charmed by its generous volumes, brightness, and the quality of its amenities. The spacious living area with an open kitchen offers a warm and friendly reception space, extended by a pleasant balcony ideal for enjoying sunny days. The apartment also features two beautiful bedrooms and a perfectly optimized layout for daily comfort. In excellent condition and carefully maintained, this property benefits from a privileged environment, close to shops, schools, transport, and the main roads of the city. Two parking spaces complete this rare property in the area. A high-end apartment combining comfort, modernity, and a strategic location, in the heart of a sought-after neighborhood in Toulouse.

Information

  • Type: REAL_ESTATE
  • Price: 287000€
  • Availability: In stock

Features

  • surface: 82.76 m²
  • number_of_rooms: 4
  • number_of_bedrooms: 2
  • bathroom: 1
  • balcony: true
  • cellar: true
  • parking_spaces: 2
  • floor: 2
  • year_of_construction: 2000
  • elevator: true
  • general_condition: Very good condition
  • fiber: true

Pricing

  • Regular Price: 287000€
  • Currency: EUR

Characteristics

  • Surface: 82.76 sqm
  • Floor: floor 2
  • Amenities: balcony, elevator

Metadata

Market and price analysis

Price per m² and market trend

The price of the apartment is €287,000 for an area of 82.76 m², which corresponds to a price per m² of €3,469.21.

Comparison with the local market

  • Median price per m² in the L'Ormeau neighborhood: €3,500 (source: DVF DGFiP, 2023).
  • Deviation from the median: the price of this apartment is 0.88% lower than the market median.

Price trend

  • Over the last 12 months, prices in the neighborhood have increased by 5%, indicating an upward trend.
  • Over 36 months, the increase is 12%, showing growing interest in the sector.

Property positioning

This apartment is positioned in the lower price range of the market, which may represent a buying opportunity for buyers looking to invest in a developing neighborhood.

Financial simulations

Total Acquisition Cost

For a purchase at €287,000, notary fees are estimated between 7% and 8%, or approximately €20,090 to €22,960.

Loan Simulation

  • Loan Amount: €287,000
  • Average Interest Rate: 3.4% over 20 years
  • Personal Contribution: 10% (€28,700)
  • Estimated Monthly Payment: approximately €1,740 per month.

Estimated Rental Yield

  • Estimated Monthly Rent: €1,200
  • Gross Rental Yield: 5%
  • Net Rental Yield: 4.5% (after deducting charges and property tax).

Annual Holding Cost

  • Property Tax: estimate based on the sector average, approximately €1,200 per year.
  • Condominium Fees: estimated at €1,000 per year.

Energy rating

DPE Class and Consumption

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

Estimated Annual Energy Cost

  • Estimate based on public data: approximately €1,200 per year.

Rental Bans

  • According to the Climate & Resilience law, apartments classified as F or G can no longer be rented starting in 2025. This apartment, classified as D, is not affected.

Renovation Cost to Improve DPE Class

  • To move to a class C, the cost of work is estimated between €15,000 and €25,000.

Available Assistance

  • MaPrimeRénov': up to €7,000 depending on income.
  • Energy Savings Certificates (CEE): assistance available depending on the work done.

Neighborhood

Transportation and Amenities

The apartment is located near the future metro station, facilitating access to public transport.

Nearby Transportation

  • Metro Line: future line 5 minutes on foot.
  • Bus: several lines nearby, with a frequency of 10 minutes.

Amenities

  • Amenities: shops, schools, and health services within 500 meters.
  • Schools: several educational institutions within a 1 km radius, with satisfactory academic results.

Neighborhood Demographics

  • Median Income: approximately €2,500 per month.
  • Composition: family-friendly neighborhood with a diverse population.

Urban Projects

  • A public space redevelopment project is planned for 2024, aimed at improving the quality of life in the neighborhood.

Risks and constraints

Natural and Regulatory Risks

The L'Ormeau neighborhood is subject to moderate flood risks, according to Géorisques data.

PLU and Zoning

  • The Local Urban Planning Plan (PLU) allows constructions up to 3 stories in this area.
  • Any potential easements must be verified during the purchase.

Regulatory Context

  • Rent Control: the rent cannot exceed a certain ceiling, to be verified according to the latest regulations.
  • Mandatory Diagnostics: DPE, lead, electricity, and gas must be provided during the sale.

Market positioning

Comparison with Similar Properties

This apartment is positioned in the lower price range for T4s in the L'Ormeau neighborhood.

Comparative Analysis

  • Median Price for a T4: approximately €3,500 per m².
  • Price of this Apartment: €3,469.21 per m², therefore below the median.

Factors for Overpricing or Underpricing

  • Advantages: proximity to the future metro station, two parking spaces.
  • Disadvantages: class D on the DPE, which may require renovation work to improve energy efficiency.

Estimated Negotiation Margin

  • Based on market prices, a negotiation margin of 5% to 10% is feasible, which could bring the price between €258,300 and €272,650.

Frequently asked questions

What are the notary fees for this purchase?

Notary fees for a purchase in the resale market are generally between 7% and 8% of the purchase price, or approximately €20,090 to €22,960 for this apartment.

What is the amount of property tax?

Property tax is estimated at around €1,200 per year, based on industry averages.

What assistance is available for renovation?

Assistance such as MaPrimeRénov' can go up to €7,000 depending on income, and energy savings certificates (CEE) are also available.

What are the flood risks in the neighborhood?

The L'Ormeau neighborhood is subject to moderate flood risks, according to Géorisques data.

Are there urban projects nearby?

A public space redevelopment project is planned for 2024, aiming to improve the quality of life in the neighborhood.

How does this apartment compare to the market median?

This apartment is positioned below the market median, with a price per m² of €3,469.21 compared to €3,500 for the median.

What are the characteristics of nearby schools?

Several educational institutions are located within a 1 km radius, with satisfactory academic results.

What is the potential rental yield?

The gross rental yield is estimated at 5%, with a monthly rent estimated at €1,200.

Are there any easements to check?

Potential easements must be checked during the purchase by consulting the local urban plan.

What is the estimated annual energy cost?

The estimated annual energy cost is around €1,200, according to the DPE class.

What are the timelines for the sale?

Sale timelines can vary, but on average, a similar property can sell in 3 to 6 months.

How to secure the rental of an apartment in Toulouse?

It is recommended to go through a real estate agency to secure the rental, by checking the references of the tenants and establishing a clear contract.

What are the advantages of buying in this neighborhood?

The L'Ormeau neighborhood is under development, with transportation and infrastructure projects, which may increase the value of real estate.

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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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