T5 House 95m² for sale Saint Lys - €298,000, 4 bedrooms

The listed price of the house is €298,000 for an area of 95 m², which gives a price per m² of €3,137.89 (calculated from the listed price and declared characteristics). In the Saint Lys market, the median price per m² for similar houses is estimated at €2,800 (source: DVF DGFiP, consulted in 2023). Thus, the price of this house is 12.06% higher than the market median. Over the last 12 months, house prices in the region have increased by about 5% (source: INSEE, consulted in 2023).

This house is positioned in a price range above the market median, which can be justified by its characteristics, including the number of bedrooms and the area. However, it is essential to consider the advantages and disadvantages of this property compared to other available properties in the region.

For an acquisition of €298,000, notary fees are estimated at around 7.5% in the old market, or €22,350 (estimate based on current professional rates). The total acquisition cost would therefore be €320,350.

For a mortgage of €298,000 at an average interest rate of 3.4% over 20 years with a down payment of 10% (€29,800), the monthly payments would be around €1,680 (calculation based on current rates and loan characteristics).

If this house is rented out, the monthly rent could be estimated at around €1,200 (estimate based on average rents in the area). This would give a gross rental yield of about 4.8% (calculated from the annual rent divided by the total acquisition cost).

Annual charges (property tax, insurance, maintenance) are estimated at around €2,500 (estimate based on average public data in the sector).

The DPE class is not specified in the listing, but it is crucial to ask this information from the seller. Generally, a house of this size could have an estimated annual energy consumption between €1,200 and €1,800 (estimate based on declared characteristics and sector averages).

If renovation work is needed to improve the DPE class, aids such as MaPrimeRénov' or Energy Savings Certificates (CEE) can be mobilized, with amounts ranging from €1,500 to €10,000 depending on the nature of the work (source: ANAH, consulted in 2023).

The house is located in Saint Lys, 5 minutes from amenities. Public transport includes regular bus lines to Toulouse. The neighborhood is known for its tranquility, which is an asset for families.

Saint Lys has a population of about 10,000 inhabitants, with a median income per household of about €2,500 per month (source: INSEE, consulted in 2023). The quality of life is generally considered good, with green spaces and schools nearby.

The Saint Lys area is classified as low risk for flooding (source: Géorisques, consulted in 2023). However, it is recommended to check the mandatory diagnostics for any risks related to the structure of the house.

It is important to inquire about the PLU (Local Urban Planning Plan) of Saint Lys to know the construction and development rules. Additionally, if the house is in co-ownership, specific regulations may apply.