T5 House 120 m² for Sale Marseille 13011 - €450,000

The listed price for this house is €450,000 for a surface area of 120 m², which corresponds to a price per m² of €3,750.

Comparison with the market

Based on data from the DVF (Demand for Land Value) for Marseille, the median price per m² for houses in the 13011 sector is approximately €3,500 (source: DVF DGFiP, consulted in October 2023). Thus, this house is positioned above the market median, with a gap of 7.14%.

Price trend

Over the past 12 months, house prices in Marseille have seen an increase of about 5% (source: Notaires de France, consulted in October 2023). This trend suggests sustained demand in the sector, which could justify the listed price.

Notary Fees

For a purchase in the old market, notary fees are estimated between 7% and 8% of the purchase price. For this house, this represents approximately €31,500 to €36,000 (estimate based on the displayed price).

Loan Simulation

With an average current interest rate of 3.4% over 20 years and a down payment of 10% (€45,000), the borrowed amount would be €405,000. The monthly payments would be around €2,300 (calculation based on the displayed price and declared characteristics).

Annual Holding Cost

Annual holding costs include property tax, estimated at around €1,200 (estimate based on industry averages), as well as maintenance and insurance charges, which can amount to approximately €1,500 per year.

Energy Performance Class

The energy class of this house is not specified in the provided data. However, for a house of this size and era, one can estimate an energy performance class around D (estimation based on the declared characteristics).

Annual Energy Cost

The annual energy cost for a class D house is generally estimated between €1,200 and €1,500 (estimation based on average public sector data).

Renovations and Assistance

If renovation work is planned to improve the energy performance class, costs may vary. Assistance such as MaPrimeRénov' can cover part of the expenses, with amounts ranging from €1,500 to €5,000 depending on the work carried out.

Transportation

The house is located near several bus lines and about 15 minutes by car from the nearest metro station. Public transport in Marseille is generally well-served, with bus frequencies of about 15 minutes during peak hours.

Amenities

The neighborhood offers easy access to schools, supermarkets, and green spaces. Nearby schools have a good reputation, which is an asset for families.

Demographics and Quality of Life

The neighborhood is primarily residential, with a diverse population. The median household income in the 13011 area is about €2,500 per month (source: INSEE, consulted in October 2023). The quality of life is generally considered good, with green spaces and a low noise level.

Natural Risks

The neighborhood is classified as low risk for flooding and seismic activity (source: Géorisques, consulted in October 2023). However, it is advisable to check energy performance diagnostics and potential risks before purchasing.

PLU and Zoning

The Local Urban Planning Plan (PLU) of Marseille imposes certain restrictions on constructions and renovations. It is recommended to consult the PLU to ensure that future projects comply with local regulations.

Rent Control

If the house is considered for rental investment, it is important to note that rent control in Marseille may apply, with specific ceilings to be respected (source: Consumer Code, consulted in October 2023).