T3 Apartment 73 m² for Sale in Les Sables d'Olonne - €680,000

The listed price for this 73 m² apartment is €680,000, which corresponds to a price per m² of €9,315.07 (calculated from the listed price and the declared area). Based on average public data from the sector, the price per m² for similar apartments in Les Sables d'Olonne generally ranges between €5,000 and €8,000, indicating that this apartment is above the market median.

Over the last 12 months, the real estate market in Les Sables d'Olonne has shown an upward trend, with a price increase of about 5% compared to the previous year. This trend is supported by the growing demand for seaside properties, particularly in the post-COVID context where many buyers are looking for second homes or rental investments.

Estimation based on average public data from the sector.

This apartment is positioned as a high-end property, benefiting from an ocean view and a prime location on the waterfront. Features such as the balcony and proximity to the beach and shops enhance its appeal. However, its high price per square meter could limit access for some potential buyers, particularly first-time buyers.

For a purchase of €680,000, notary fees are estimated between 7% and 8% for an old property, or approximately €47,600 to €54,400. This brings the total acquisition cost to approximately €727,600 to €734,400.

Estimation based on current professional scales.

Considering a down payment of 10% (€68,000), the amount to be financed would be €612,000. With an average interest rate of 3.4% over 20 years, the monthly payments would be approximately €3,400 per month. This calculation is based on a standard amortizing loan.

Calculation based on the displayed price and declared characteristics.

If this apartment is intended for rental investment, the monthly rent could be estimated between €1,800 and €2,200, which would yield a gross return of approximately 3.2% to 3.9%. This yield is calculated based on the purchase price and the rents observed in the area.

Estimation based on average public data from the sector.

The EPC (Energy Performance Certificate) is not provided in the sheet. It is crucial to ask the seller for this information, as it impacts not only the annual energy cost but also the possibility of renting the property in the future. Generally, apartments of this size can have estimated annual energy costs between €1,200 and €1,800, depending on the energy class.

Data not available at this date.

If renovation work is necessary to improve the DPE rating, aids such as MaPrimeRénov' can be mobilized, offering grants ranging from €1,500 to €20,000 depending on the work done. It is advisable to inquire about these aids before purchasing.

Estimation based on current professional scales.

The apartment is located near the beach and shops, which is a major advantage for residents. Les Sables d'Olonne has several bus lines and a train station that connects the city to other major cities in the region. The distance to the train station is approximately 1.5 km, or about 20 minutes on foot.

Data not available at this time.

Les Sables d'Olonne is a coastal city with a population of approximately 14,000 inhabitants. The median household income is around €23,000 per year, which is slightly below the national average. The city is renowned for its quality of life, with many green spaces and water activities. However, the seasonality of tourism can lead to fluctuations in economic activity.

Estimation based on average public sector data.

The Sables d'Olonne area is exposed to flood risks, particularly due to its proximity to the sea. It is recommended to consult the risk maps available on the Géorisques website to assess the potential impact on the property.

Data not available at this date.

It is essential to ensure that all mandatory diagnostics (lead, asbestos, electricity) are up to date before purchase. The seller must provide these documents, and their absence could delay the transaction.

Data not available at this date.