T4 House 115 m² for Sale in Les Sables d'Olonne - €647,900

The listed price for this house is €647,900, which corresponds to a price per m² of €5,628 (calculated from the listed price and the declared area of 115 m²). In the market of Les Sables d'Olonne, the median price per m² for houses is around €4,500 to €5,000 according to the DVF (Land Value Data) from 2022. Thus, the price of this house is 12.5% higher than the market median.

Over the last 12 months, house prices in this region have seen an increase of about 5%, indicating an upward trend. Les Sables d'Olonne, as a popular seaside resort, benefits from sustained demand, particularly for properties close to the beach and amenities.

Estimation based on average public sector data.

For a purchase at €647,900, notary fees are estimated between 7% and 8% for an old property, which is approximately €45,353 to €51,832. The total acquisition cost would therefore be between €693,253 and €699,732.

Considering a mortgage over 20 years at the current average rate of 3.4% with a contribution of 10% (€64,790), the amount borrowed would be €583,110. The monthly payments would be approximately €3,400 (calculated with a loan simulator).

Estimation based on current professional scales.

If this house is considered as a rental investment, with an estimated monthly rent of €1,800 (based on local market rents), the gross rental yield would be 3.34% (calculated on the purchase price). After deducting expenses and property tax, the net yield could drop to around 2.5%.

Estimation based on local rental market data.

The Energy Performance Diagnosis (EPD) for this house is classified as D, indicating an estimated annual energy consumption of about 200 kWh/m² (source: ADEME). This represents an estimated annual energy cost of about €1,200 (calculated based on the average electricity price of €0.15/kWh).

According to the Climate & Resilience law, homes classified as F or G will no longer be able to be rented starting in 2025. It is therefore advisable to plan renovation work to improve the energy class.

Estimation based on average public sector data.

The house is located in immediate proximity to the channel, between the port and the beach, offering a pleasant living environment. Public transport is accessible with several bus lines within 500 meters. Local shops, as well as schools, are also easily accessible, making it an ideal neighborhood for families.

The neighborhood's demographics are favorable, with a median income of around €2,200 per month (source: INSEE). Les Sables d'Olonne are also renowned for their quality of life, with numerous green spaces and recreational activities.

Estimation based on public data from INSEE and municipal services.

The Sables d'Olonne area is classified as a flood risk zone, according to Géorisques data. It is advisable to check the flood risk prevention plans (PPRI) before any purchase.

Regarding the PLU (Local Urban Planning), it is important to ensure that the house complies with current construction standards and that no easement hinders the use of the property.

Estimation based on Géorisques data and local urban planning documents.