T4 Apartment 122 m² for Sale Metz Queuleu - €289,000

The price of the apartment is €289,000 for an area of 122.13 m², which gives a price per m² of €2,370.37 (calculated from the displayed price and declared characteristics). In the Metz market, the median price per m² for an old apartment is around €2,500 (source: DVF DGFiP, 2023). Thus, this apartment is slightly below the market median, which may represent an opportunity for buyers. Over the last 36 months, apartment prices in Metz have seen an increase of about 5% (source: INSEE).

This apartment is located in the Queuleu neighborhood, which is a residential area appreciated for its tranquility and proximity to amenities. Advantages include a quiet environment, nearby green spaces, and easy access to public transport. Disadvantages may include a greater distance from the city center, which could affect long-term valuation.

For a purchase price of €289,000, notary fees are estimated between 7% and 8% for an old property, or approximately €20,230 to €23,120 (estimate based on current professional scales). The total acquisition cost would therefore be between €309,230 and €312,120.

With a down payment of 10% (€28,900), the amount to be financed would be €260,100. At the current average rate of 3.4% over 20 years, the monthly payment would be approximately €1,482 (calculated from current interest rates). The total cost of the loan would be around €355,000 over 20 years, including interest.

If this apartment is rented, with an estimated rent of €1,200 per month, the gross rental yield would be 4.97% (calculated based on the annual rent divided by the purchase price). After deducting charges and property tax, the net yield could be around 4% (estimate based on average public sector data).

The apartment has a DPE class of D, with an energy consumption of 178 kWh/m²/year. The annual energy cost is estimated between €1,180 and €1,640 (estimate based on provided values). According to the Climate & Resilience law, apartments classified F or G will no longer be able to be rented from 2025, making this apartment compliant with new regulations.

To improve the energy class, aids such as MaPrimeRénov' can be mobilized. Amounts vary depending on the work, but can go up to €20,000 for energy renovations (source: ANAH, 2023).

The Queuleu neighborhood is well served by public transport, with several bus lines nearby. Metz train station is accessible in 15 minutes by car. Nearby shops include supermarkets, bakeries, and pharmacies, all located within 10 minutes on foot. Schools and healthcare facilities are also easily accessible, making it a neighborhood suitable for families.

The population of Metz Queuleu is mainly composed of families and young professionals. The median income per household is about €2,200 per month (source: INSEE, 2023). The neighborhood is known for its tranquility and green spaces, offering a good quality of life.

The Metz Queuleu neighborhood does not present major natural risks such as flooding or landslides (source: Géorisques, 2023). However, it is important to check for any servitudes or constraints related to the PLU (Local Urban Plan) before purchasing.

The regulation on rent control in Metz is in effect, with a rent ceiling set at €12.50/m² for old-type housing (source: Consumer Code, 2023). It is advisable to inquire about the mandatory diagnostics to be provided during the sale.

In the Metz market, similar T4 apartments, with comparable surface area (between 110 m² and 130 m²) are sold between €270,000 and €320,000 (source: DVF DGFiP, 2023). This apartment, offered at €289,000, is therefore in the median price range. The strengths of this property include its recent renovation and its location in a quiet neighborhood. Negotiation factors could include proximity to the gendarmerie and the cemetery, which may be perceived differently by buyers.