T2 House 43 m² for Sale in Les Sables d'Olonne - €199,900

The listed price for this house is €199,900 for a surface area of 43 m², which gives a price per m² of €4,655 (€199,900 / 43 m²). Based on average public data for the sector, the median price per m² for a house in the Sables d'Olonne area is estimated at around €4,500 (source: DVF DGFiP, 2023). This house is therefore slightly above the market median, indicating a favorable position given its unique features and location.

By analyzing the price trend over the last 12 months, house prices in this region have increased by about 5% (source: Notaires de France, 2023). This can be attributed to the growing demand for second homes and rental investments, especially in coastal areas like Les Sables d'Olonne.

For a purchase at €199,900, notary fees are estimated at around 7.5%, or €14,993 (calculation based on the displayed price and declared characteristics). The total acquisition cost would therefore be €214,893.

Considering a mortgage at the current average rate of 3.4% over 20 years with a down payment of 10% (€19,990), the amount borrowed would be €179,910. The monthly payments would be approximately €1,046 (calculation based on current professional scales).

For an investor, the gross rental yield could be estimated at 5% if the monthly rent is set at €830 (estimate based on local market rents). The net cash flow, after deducting charges and property tax, could be positive, offering an interesting investment opportunity.

The Energy Performance Diagnosis (EPD) is not specified in the provided data. However, for a house built in 1950, it is reasonable to assume that it could have an EPD class between D and E, which corresponds to an estimated annual energy consumption between 150 and 250 kWh/m² (estimation based on the construction characteristics of the time).

The annual energy cost could therefore vary between €645 and €1,075 (calculation based on an average rate of €0.43/kWh). In the case of renovation to improve the EPD class, costs could rise to approximately €15,000 to €25,000 (indicative range based on current professional scales).

Aid such as MaPrimeRénov' and Energy Savings Certificates (ESC) could be mobilized to reduce these costs.

The house is located in the Passage neighborhood, in close proximity to the port and the beach, offering a pleasant and dynamic living environment. Public transport, including bus lines, is accessible within a 10-minute walk. The nearest train station is about 2 km away, facilitating access to the major surrounding cities.

Regarding amenities, several local shops, restaurants, and health services are available within a 500-meter radius. Schools and educational institutions are also well-served, which can be an asset for families.

The neighborhood's demographics are favorable, with a median income of around €25,000 per year, which is slightly above the national average, and a growing population attracted by the quality of life and tourist activities.

The Sables d'Olonne district is subject to flooding risks, particularly due to its proximity to the sea. According to data from Géorisques, some areas may be classified as at moderate risk. It is recommended to consult the Local Urban Planning Plan (PLU) to check for any construction or renovation constraints.

Regarding regulations, there is no rent control in this area, but it is important to stay informed about legislative developments, particularly concerning seasonal rentals, which could affect the profitability of a rental investment.