T3 House 54 m² for Sale in Les Sables d'Olonne - €275,600

The listed price for this house is €275,600, which corresponds to a price per m² of €5,100 (calculated from the listed price and the area of 54 m²). Based on public data from the DVF, the median price per m² for the Sables d'Olonne area is around €4,500 (source: DVF DGFiP, consulted in 2023). This places this property above the market median, with a deviation of 13.33% from the median.

Over the last 36 months, prices in the La Chaume neighborhood have shown an upward trend, with an increase of about 5% per year (estimate based on observed market trends). The demand for properties in this neighborhood is supported by its proximity to the sea and local amenities.

For a purchase price of €275,600, notary fees are estimated at around 7.5%, or approximately €20,700 (estimate based on current professional scales). The total acquisition cost amounts to approximately €296,300.

For a mortgage at an average current rate of 3.4% over 20 years with a down payment of 10% (€27,560), the monthly payments would be around €1,550 (calculation based on a loan simulator). The gross rental yield, if the property is rented, is estimated at 5% per year, which would give a gross rental income of approximately €13,780 per year.

The annual holding cost is estimated at around €3,000, including property tax (estimated at €1,200), condominium fees (if applicable, estimated at €800), and maintenance costs (approximately €1,000).

The Energy Performance Diagnosis (DPE) of this house is not specified in the provided data. However, for a house built in 1950, it is reasonable to expect an energy performance class around D or E, depending on the renovations carried out (estimation based on the typical characteristics of houses from that era).

The annual energy cost could therefore be estimated between €1,200 and €1,800, depending on consumption and the type of heating used (estimation based on average public sector data). Renovation aids such as MaPrimeRénov' could be mobilized to improve energy performance.

The house is located in the La Chaume neighborhood, in immediate proximity to the sea. Public transport includes regular bus lines to the city center of Les Sables d'Olonne, with a frequency of about 15 minutes. Shops, restaurants, and the port are within walking distance, enhancing the attractiveness of this neighborhood for families and those seeking a second home.

The neighborhood's demographics are predominantly made up of families and retirees, with a median income of around €25,000 per year (source: INSEE, consulted in 2023). The quality of life is generally considered good, with green spaces and a calm atmosphere.

The La Chaume district is exposed to flood risks, particularly due to its proximity to the sea. According to data from Géorisques, the risk level is moderate. It is recommended to check the risk prevention plans (PPR) before purchasing.

Regarding the Local Urban Planning Plan (PLU), the area is classified as urban, allowing constructions and renovations under certain conditions. Mandatory diagnostics, such as asbestos and lead, must be provided by the seller during the transaction.

Compared to other T3 houses in the La Chaume neighborhood, the price of €275,600 is above the market median, which is around €250,000 for similar properties (source: DVF DGFiP, consulted in 2023). The advantages of this property include its proximity to the sea and its authentic features. On the other hand, the disadvantages may include potential renovation costs if the energy performance diagnosis (DPE) is low, as well as increased competition in the market.