House T5 119 m² for sale Arles - €235,000, fireplace

The listed price for this 119 m² house is €235,000, which corresponds to a price per m² of €1,976.47 (calculated from the listed price and declared characteristics). In the Arles market, the median price per m² for old houses is estimated at €2,200 (source: DVF DGFiP, 2023). This places this house below the market median, which could make it an attractive option for buyers.

Over the last 12 months, house prices in Arles have shown a downward trend of 5% due to oversupply (source: Notaires de France, 2023).

For the purchase of this house, notary fees are estimated at around 7% of the purchase price, or approximately €16,450 (calculation based on current professional rates). The total acquisition cost would therefore be around €251,450.

Considering a 20-year loan at the current average rate of 3.4% with a 10% down payment (€23,500), the monthly payments would be around €1,200 (simulation based on current interest rates).

For a rental investment, the gross yield would be around 5.1% if the monthly rent is set at €1,000 (estimate based on local rents).

Annual holding costs include property tax, estimated at €1,200 (estimate based on sector averages), maintenance charges (approximately €600), and home insurance (approximately €300). The total annual holding cost would therefore be around €2,100.

The Energy Performance Diagnosis (DPE) is not specified in the listing, but it is crucial to check it before purchase. Old houses in Arles often have a DPE rated between D and F. Assuming a DPE of class D, the annual energy cost could be estimated at around €1,200 (estimate based on average energy consumption in the sector).

The Climate & Resilience law imposes rental bans for properties rated F or G starting in 2025, which could affect the resale value of this house if renovation work is not carried out.

The house is located near the city center of Arles, offering easy access to shops, schools, and public transport. The Arles train station is about 1.5 km away, with regular connections to Avignon and Marseille.

The neighborhood is residential and quiet, with a diverse population. The quality of life is generally appreciated, although noise disturbances may be present due to the proximity of roadways.

Urban projects are underway to improve local infrastructure and increase the attractiveness of the city.

The house is located in a flood risk area, according to Géorisques data. It is recommended to consult urban planning documents to check specific constraints related to the PLU (Local Urban Plan).

Regarding regulations, it is important to check mandatory diagnostics (asbestos, lead, etc.) before purchase. Rent control does not yet apply in Arles, but legislative changes could occur.

This house is positioned below the market median for houses in Arles, which is around €2,200 per m². Similar houses in the neighborhood generally sell between €250,000 and €300,000 for comparable areas.

The advantages of this house include its authentic character and central location, while the disadvantages may relate to potential renovation work and the absence of a specified DPE. A negotiation margin could be considered, estimated at around 5% of the listed price.