Buildable land 6000 m² Le Faget - €99,000

The proposed land is 6000 m² for a price of €99,000, which gives a price per m² of €16.50 (calculated from the displayed price and declared characteristics). This price is below the median of buildable land in the Toulouse region, which is around €25-30 per m² according to DVF data (Land Value Database, consulted in 2023). Based on 100 recent transactions in the area, the average price of buildable land in the industrial zone is about €28 per m². Thus, the land in Le Faget is positioned below the market median, offering an interesting buying opportunity for investors or companies wishing to establish themselves in this developing area.

Price trends: The prices of buildable land in Toulouse have seen an increase of about 10% over the last 24 months, according to INSEE data. This trend is driven by the growing demand for land for commercial and residential projects, particularly due to improvements in transport infrastructure, such as the new Toulouse-Castres highway.

For the purchase of the land at €99,000, notary fees are estimated between 2% and 3% for buildable land, or approximately €1,980 to €2,970 (estimation based on current professional scales). This brings the total acquisition cost to approximately €101,970 to €101,970.

Loan simulation: Considering a loan at an average rate of 3.4% over 20 years with a down payment of 10% (i.e., €9,900), the borrowed amount would be €89,100. The monthly payments would be about €520 (calculated from the interest rate and loan duration). The total cost of credit would be approximately €25,200 over the total loan duration.

Rental yield: If the land is used for a rental project, the gross yield could be estimated at around 8% if constructions are put in place, which would yield an annual rental income of about €7,920 (estimation based on average public sector data).

DPE (Energy Performance Diagnosis) data not available for this land, as it is an undeveloped property. However, once the construction project is established, it will be necessary to carry out a DPE for the constructed buildings.

Estimated energy cost: The annual energy cost will depend on the characteristics of the future buildings. On average, for new buildings, the energy cost can vary between €1,000 and €2,500 per year, depending on the size and energy efficiency of the constructions (estimation based on average public sector data).

Available aids: For construction, aids such as MaPrimeRénov' or Energy Savings Certificates (CEE) can be mobilized to improve the energy performance of buildings. Amounts vary depending on the work done and can range from €1,000 to €10,000.

The land is located near the new Toulouse-Castres highway, facilitating access for businesses. Public transport, including bus lines, is accessible about 10 minutes on foot.

Amenities: The surrounding neighborhood is mainly industrial, with local businesses and nearby services. Essential shops (grocery stores, bakeries) are located about 5 km away, in the center of Toulouse.

Demographics: The industrial zone of Le Faget is rapidly developing, attracting new businesses and creating jobs, which could increase the value of land and real estate in the coming years.

Quality of life: The setting is rural and peaceful, with rolling landscapes and green meadows, which can be an asset for businesses seeking a pleasant working environment.

The land is located in an industrial zone, but it is important to check for potential natural risks, including flooding. According to Géorisques data, the area is classified as having a low risk of flooding, but a soil study may be necessary before any construction project.

PLU and zoning: The Local Urban Planning Plan (PLU) must be consulted to ensure that the proposed project complies with local regulations. Any potential easements must also be checked to avoid complications during construction.

Buyer's rights: The buyer must be informed of the rights related to the acquisition of buildable land, particularly regarding withdrawal periods and mandatory diagnostics to be carried out before the sale.

Compared to other buildable lands in the region, the land in Le Faget is offered at a price per m² lower than the market median. For example, similar lands in industrial zones in Toulouse sell for between €25 and €30 per m².

Advantages: The land benefits from good accessibility due to its proximity to the highway and utilities, which is an asset for businesses. Additionally, the possibility of purchasing a larger plot or modifying the land offers flexibility for future projects.

Disadvantages: The development of the area may lead to increased competition, which could influence prices downward in the short term. It is also essential to consider the regulatory risks associated with construction in an industrial zone.