4-Room House 114 m² for Sale Toulouse - €439,000

The listed price for this house is €439,000 for a surface area of 114 m², which gives a price per m² of €3,855.26 (calculated from the listed price and declared characteristics). In the Toulouse market, the average price per m² for a house in a residential area is estimated at around €3,500 to €4,000 (source: DVF DGFiP, 2023). This places this house slightly above the market median, which can be justified by the presence of a 350 m² garden and a separate space of 97 m².

Over the last 12 months, house prices in Toulouse have seen an increase of about 5% (source: Notaires de France, 2023). This trend could continue due to high demand in sought-after neighborhoods like Pont des Demoiselles.

For the purchase of this house, notary fees are estimated between 7% and 8% of the purchase price, or approximately €30,730 to €35,120 (indicative range based on current professional scales).

Considering a 20-year loan at the current average rate of 3.4% with a down payment of 10% (€43,900), the amount borrowed would be €395,100. The monthly payment would be approximately €2,267 (calculated from interest rates and loan duration).

The gross rental yield, if the independent space is rented, could reach approximately €1,200 per month, or €14,400 per year. This would give a gross yield of 3.28% relative to the total investment (calculated from the estimated rent and purchase price).

Estimated annual holding costs include:

• Property tax: approximately €1,200 (estimate based on industry averages)
• Condominium fees: if applicable, estimated at €1,000 per year
• Home insurance: approximately €500 per year
• Maintenance: estimated at €800 per year

Thus, the total annual holding cost would be approximately €3,500.

The Energy Performance Diagnosis (DPE) is not specified in the source sheet. However, for a house of this size and construction era, it is reasonable to estimate a DPE class between C and D (estimation based on average public sector data).

The annual energy cost could be estimated at around €1,200 (calculation based on the average energy consumption for a house of this size).

Regarding renovations to improve the DPE class, costs can vary between €10,000 and €30,000 depending on the extent of the necessary work (indicative range based on current professional scales).

Aid such as MaPrimeRénov' or Energy Savings Certificates (CEE) can be mobilized to reduce these costs.

The house is located in the residential area of Pont des Demoiselles in Toulouse, which is well served by public transport. Metro line A is accessible nearby, as well as several bus lines. Nearby shops include supermarkets, bakeries, and restaurants, all located within a 10-minute walk.

Regarding schools, several establishments are available in the neighborhood, with generally positive academic results. The neighborhood's demographics are characterized by families and young professionals, with a median income estimated at €30,000 per year (source: INSEE, 2023).

The quality of life in this neighborhood is high, with many green spaces and low noise pollution.

The Pont des Demoiselles neighborhood is classified as a low flood risk zone according to Géorisques data. However, it is important to check for any easements and the Local Urban Planning Plan (PLU) to ensure compliance with future projects.

Regarding rent control, there is currently no capping in effect in this area. Mandatory diagnostics, such as the Energy Performance Certificate (DPE) and the state of natural risks, must be provided by the seller.

The buyer's rights include a 10-day withdrawal period after signing the sales agreement, allowing for the verification of all information before finalizing the purchase.

By comparing this house with other similar properties in the Pont des Demoiselles neighborhood, it is noted that the price per m² is slightly above the market median. Similar houses are selling between €3,500 and €4,000 per m², which places this house in the high range.

The advantages of this house include its spacious garden and the independent space, which can justify the asking price. On the other hand, the lack of details regarding the DPE could be a point of concern for buyers concerned about energy performance.

The estimated negotiation margin could be 5 to 10% depending on the results of the diagnostics and market interest.