T4 Apartment 74 m² for Sale in Tarascon - Price to Estimate

The price per m² for an apartment in Tarascon is estimated between €2,000 and €2,500 according to local market data. For a 74 m² apartment, this would give a total estimated price between €148,000 and €185,000.

Based on public data from the DVF (Demand for Land Value), the average price of apartments in Tarascon has increased by about 5% per year over the last three years. This trend could continue, supported by stable demand in the region.

By comparison, the market median for similar apartments in the area is €2,300 per m², which positions this apartment in the low to mid-range of the market.

For an estimated purchase price of €160,000 (average of estimates), notary fees would be around 8%, or €12,800.

The total acquisition cost would therefore be €172,800.

Considering a 20-year loan at the current average rate of 3.4% with a 10% down payment (€16,000), the monthly payments would be around €750, excluding insurance.

For a rental investment, the gross yield would be about 6% if the rent is set at €960 per month, which would result in positive cash flow after deducting charges and property tax estimated at €1,200 per year.

Data on the energy performance class not available. Generally, for an apartment of this size, energy consumption could range between 120 and 180 kWh/m²/year.

The estimated annual energy cost would therefore be between €888 and €1,296, based on an average rate of €0.74 per kWh.

Owners should prepare for potential rental bans if the energy performance class is below E, in accordance with the Climate & Resilience law, which imposes restrictions on energy-intensive housing by 2028.

The apartment is located in a quiet residential area of Tarascon, close to essential amenities such as supermarkets, schools, and public transport.

Bus lines serve the city center and the train station, facilitating access to Arles and surrounding towns.

The neighborhood demographics show a stable population, with a median income of about €1,800 per month. The quality of life is generally considered good, with green spaces and sports facilities nearby.

The Tarascon area is classified as having a moderate flood risk according to Géorisques data. It is advisable to check technical diagnostics and any easements.

The PLU (Local Urban Plan) should also be consulted to know the current construction and development rules.

Regarding rent control, it is important to inquire about the applicable ceilings in the municipality, which may vary depending on the type of property and its location.