T5 House 147m² for Sale in Les Sables d'Olonne - €574,750

The listed price of the house is €574,750 for a surface area of 147 m², which gives a price per m² of €3,908 (calculated from the listed price and declared characteristics). In the Sables d'Olonne market, the median price per m² for similar houses is around €3,500 (source: DVF DGFiP, consulted in 2023). Thus, the price of this house is 11.7% higher than the market median.

In terms of trend, house prices in the region have increased by about 5% over the last 12 months, according to data from FNAIM. This trend is supported by increased demand for seaside properties, particularly in tourist areas like Les Sables d'Olonne.

The house is located in a quiet residential neighborhood, close to Paracou beach and shops, which enhances its attractiveness. The property's features, such as the poolable land and independent access, also add to its market value.

For the purchase of this house, notary fees are estimated between 7% and 8% of the purchase price, or approximately €40,232 to €45,980 (indicative range based on current professional scales). This brings the total acquisition cost to approximately €614,982 to €620,730.

Regarding financing, if the buyer opts for a 20-year loan at the current average rate of 3.4% with a 10% down payment (€57,475), the amount borrowed will be €517,275. The monthly payments would be around €2,901 (calculated based on standard interest rates and durations).

For a rental investment, if the property is rented at €1,800 per month, the gross rental yield would be 3.75% (calculated based on the purchase price). After deducting charges and property tax, the net yield could be around 3.2%. The monthly cash flow would be positive, allowing for a smooth management of the investment.

The DPE (Energy Performance Diagnosis) of the house is not specified in the provided data. However, for a house built in 1978, it is likely that it has an energy class around D, which is common for constructions of that era. The estimated annual energy costs for a house of this size and class could be around €1,500 to €2,000 (estimate based on average public sector data).

Regarding renovations, to improve the energy class of a house from D to C, costs can vary between €10,000 and €20,000 depending on the scope of work (insulation, windows, heating). Aids such as MaPrimeRénov' can be mobilized to reduce the cost of work, with grants of up to €7,000 depending on household income.

The house is located in Les Sables d'Olonne, a coastal town renowned for its beaches and family-friendly atmosphere. The neighborhood is quiet, with easy access to Paracou beach, which is about 1 km away. Local shops are also within walking distance, which is a plus for families.

In terms of transportation, the town is served by regular bus lines, and the Les Sables d'Olonne train station is about 3 km away, offering connections to La Roche-sur-Yon and Nantes.

The neighborhood's demographics are primarily composed of families and retirees, with a median income of around €24,000 per year (source: INSEE, 2021). The quality of life is generally considered good, with green spaces and recreational activities nearby.

The house is located in a potentially flood-prone area, which requires particular vigilance when purchasing. Buyers should consult the Géorisques data to assess the flood risks in the area.

Regarding the PLU (Local Urban Planning), the house is situated in a residential zone, which allows for additional constructions under certain conditions. Any potential easements should also be checked before purchase.

Finally, it is important to inquire about rent control if the property is intended for rental, in order to comply with the current caps in the municipality.