Buildable land 3000 m² in Le Faget - €55,000

The listed price for this buildable land of 3000 m² is €55,000, which corresponds to a price per m² of €18.33 (calculated from the listed price and the declared area).

For comparison, the average price of buildable land in the Toulouse region is around €30 to €50 per m², according to DVF data (Database of Property Values). This places this land below the market median, which could represent an opportunity for an investor.

Over the last 12 months, prices for buildable land in Toulouse have seen a slight increase of 5%, indicating a positive trend in the market.

In terms of positioning, this land is located in an industrial zone, making it attractive for business establishment projects, especially with future access to the new Toulouse-Castres highway.

For land priced at €55,000, notary fees are estimated between 2% and 3% for buildable land, or approximately €1,100 to €1,650 (estimate based on current professional rates).

The total acquisition cost would therefore be between €56,100 and €56,650.

Considering a mortgage over 20 years at the current average rate of 3.4% with a down payment of 10%, or €5,500, the borrowed amount would be €49,500. Monthly payments would be around €300 (calculated from average interest rates).

For an investor, the gross rental yield could be estimated at 5% if the land is developed for commercial premises, resulting in a gross rental income of €2,750 per year. Taking into account expenses and taxes, the net yield could be around 4%.

The DPE (Energy Performance Diagnosis) is not specified for land, but it is important to note that construction projects must comply with current energy standards.

Annual energy costs will depend on the nature of future constructions. Generally, for commercial buildings, annual energy costs can vary between €10 and €20 per m², depending on the type of building and its energy efficiency.

Aids such as MaPrimeRénov' can be mobilized for construction projects that meet ecological standards, with amounts varying based on the work carried out.

The land is located in Le Faget, a developing area in Toulouse. The municipality will soon be served by an exit on the new Toulouse-Castres highway, which will facilitate access for businesses.

Public transport is limited in this area, but bus lines are available nearby. In terms of amenities, local shops and services are accessible within a 5 km radius.

The neighborhood's demographics are growing, with an increase in businesses and residents, which could promote the economic development of the area.

Urban projects are underway to improve infrastructure and services in the region, which could also positively influence the land's value.

The land is located in an area potentially subject to flooding risks, according to Géorisques data. It is recommended to check soil studies and local regulations before any construction project.

The PLU (Local Urban Plan) should also be consulted to know the construction constraints, particularly in terms of height, floor area, and use.

Mandatory diagnostics for buildable land include soil studies and environmental diagnostics, which must be carried out before any transaction.

Compared to other buildable lands in the region, this land is offered at a price below the market median, which is between €30 and €50 per m².

The advantages of this land include its location in an industrial zone and future access to the highway, making it attractive for business establishment projects.

However, the disadvantages include the lack of direct public transport and the need to check flooding risks.

The negotiation margin could be estimated at 10% due to the growing demand for land in this area.