T4 Apartment 71.1 m² for sale Guilherand-Granges - €169,000

The price of the apartment is €169,000 for a surface area of 71.1 m², which is a price of €2,375/m². Based on data from the DVF (Land Value Database), the median price of apartments in the Guilherand-Granges area is estimated at €2,500/m². This figure is 5% lower than the market median, indicating a competitive positioning for this apartment.

In terms of trend, apartment prices in this region have seen an increase of about 3% per year over the last two years, according to INSEE data. This suggests stability in the local real estate market, with sustained demand for mid-sized properties like this one.

For a purchase price of €169,000, notary fees are estimated at around 7% for an old property, or about €11,830 (calculated based on the notary fee scale). This brings the total acquisition cost to approximately €180,830.

For a mortgage at an average current rate of 3.4% over 20 years with a down payment of 10% (€16,900), the monthly payments would be around €844 per month. The total interest cost over the life of the loan would be approximately €36,600.

In terms of rental yield, if this apartment is rented at an average price of €800 per month, the gross yield would be 5.66% (calculated based on the purchase price). The net yield, after deducting condominium fees (€179.49 per month), would be approximately 4.87%.

The apartment has a DPE rated C with an energy consumption of 166 kWh/m²/year. The annual energy cost is estimated between €1,080 and €1,540, depending on consumption habits.

According to the Climate & Resilience law, homes rated F or G can no longer be rented starting in 2025. This apartment, rated C, will not be affected by this ban.

To improve the energy class to B, renovation work is estimated between €10,000 and €20,000, depending on the specific characteristics of the work to be done. Assistance such as MaPrimeRénov' can be mobilized to reduce the cost of renovations.

The apartment is located in Guilherand-Granges, a municipality close to Valence, benefiting from easy access to public transport. The nearest train station is about 1 km away, providing regular connections to Valence and Lyon. Bus lines also serve the municipality with a frequency of 15 to 30 minutes.

In terms of amenities, several local shops, schools, and health services are accessible within 500 meters. The quality of life in this neighborhood is considered good, with green spaces and infrastructure suitable for families.

The municipality of Guilherand-Granges is subject to moderate flood risks, according to Géorisques data. It is recommended to consult the Local Urban Planning Plan (PLU) to check construction and development rules.

Regarding rental regulations, rent control is not in effect in this municipality, allowing for some flexibility for landlords. Mandatory diagnostics (DPE, lead, electricity) must be provided during the sale.