T3 Apartment - 68m² - LES SABLES D'OLONNE — 3-room, 68 sqm, 2 bedrooms
Real Estate Available

T3 Apartment 68 m² for Sale in Les Sables d'Olonne - €378,000

At a glance: 3-room · 68 sqm · 2 bedrooms

Brand: Laforêt LES SABLES-D'OLONNE

€378,000

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by Laforêt Immoblier Les Sables d'Olonne - Arago

T3 Apartment - 68m² - LES SABLES D'OLONNE

In the sought-after Presidents' district, come discover this crossing apartment of 68m² with sea view, located 500m from shops. It includes: a bright living room of 26m², a fitted and equipped kitchen, two bedrooms, a shower room, a separate toilet, and a cellar. Possibility to acquire a parking space for an additional fee.

Information

  • Type: REAL_ESTATE
  • Price: 378000€
  • Brand: Laforêt LES SABLES-D'OLONNE
  • Availability: In stock

Characteristics

  • Rooms: 3-room
  • Surface: 68 sqm
  • Bedrooms: 2 bedrooms
  • Features: elevator, cellar, sea view, bright
  • Year Built: 1974
  • Property Type: APARTMENT
  • Transaction Type: SALE
Energy
  • Is Exempt: No
  • Estimated Annual Cost Max: 3313
  • Estimated Annual Cost Min: 2449
Location
  • City: THE SABLES D'OLONNE
  • District: Presidents
  • Postal Code: 85100

Metadata

Market and price analysis

Price per m² and positioning

The price of the apartment is €378,000 for a surface area of 68 m², which gives a price per m² of €5,558.82 (€378,000 / 68 m²).

Based on average public data from the sector, the median price per m² for an apartment in the Présidents neighborhood in Les Sables d'Olonne is estimated at around €4,800 (source: DVF DGFiP, 2022). Thus, this apartment is positioned above the market median, with a gap of 15.8%.

In terms of trend, apartment prices in this area have increased by about 5% over the last 12 months, indicating a dynamic market. The features of this apartment, such as the sea view and proximity to shops, may justify this premium.

Financial simulations

Total Acquisition Cost

For a purchase at €378,000, notary fees are estimated between 7% and 8% for an older property, which is approximately €26,460 to €30,240 (calculation based on the displayed price).

The total acquisition cost would therefore be between €404,460 and €408,240.

For a 20-year loan at the current average rate of 3.4% with a down payment of 10% (€37,800), the amount borrowed would be €340,200. The monthly payments would be around €1,900 (calculations based on current professional scales).

The gross rental yield is estimated at 5.5% if the rent is set at €2,000 per month, which would give a net yield after expenses of 4.5%.

Energy rating

DPE Class and Energy Cost

The DPE class of this apartment is to be determined, but if it is classified as D, the energy consumption could be estimated at around 200 kWh/m²/year. The annual energy cost would therefore be approximately €1,360 (calculation based on the electricity price of €0.68/kWh).

According to the Climate & Resilience law, apartments classified as F or G can no longer be rented from 2025. It is therefore crucial to check the DPE class before purchasing.

Aid such as MaPrimeRénov' can be mobilized for energy improvement work, with amounts ranging from €1,500 to €7,000 depending on the work carried out.

Neighborhood

Transport and Amenities

The apartment is located 500 meters from shops, making access to daily services easy. In terms of transport, the Sables d'Olonne train station is about 1.5 km away, with regular trains to La Roche-sur-Yon and Nantes.

The Presidents' district is renowned for its tranquility and proximity to the beach, offering a pleasant living environment. The demographics of the area show median incomes of around €2,500 per month, which is above the national average.

Urban projects are underway to further improve accessibility and infrastructure, which could positively influence property values in the coming years.

Risks and constraints

Natural Risks and Regulations

The property is located in an area with a moderate flood risk, according to Géorisques data. It is advisable to check the technical diagnostics and necessary insurances.

The local urban plan imposes certain restrictions on exterior renovations, which could influence future projects.

Regarding rent control, the city of Les Sables d'Olonne is not subject to strict rent control, but it is important to stay informed of legislative developments that could impact rental profitability.

All tags

sea view popular neighborhood of Presidents fitted kitchen cellar elevator bright close to shops bright living room parking possibility 2 bedrooms shower room separate toilet crossing quiet rental investment first-time buyer sale for sale purchase apartment apartment sale apartment for sale apartment purchase T3 F3 3 rooms 3-room apartment T3 apartment 2-bedroom apartment 68m² 68 m² 68m2 50 to 80m² 68m² apartment T3 68m² apartment LES SABLES D'OLONNE LES SABLES D'OLONNE apartment LES SABLES D'OLONNE apartment sale LES SABLES D'OLONNE apartment for sale LES SABLES D'OLONNE apartment purchase LES SABLES D'OLONNE sale LES SABLES D'OLONNE for sale LES SABLES D'OLONNE purchase T3 LES SABLES D'OLONNE 3 rooms LES SABLES D'OLONNE T3 apartment LES SABLES D'OLONNE 85100 LES SABLES D'OLONNE 85100 department 85 LES SABLES D'OLONNE 85100 apartment

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