T4 Apartment 116.8 m² in Charbonnières-les-Bains - €680,000

The displayed price for this apartment is €680,000 for an area of 116.8 m², which gives a price per m² of €5,800. By comparison, the median price per m² for apartments in the Charbonnières-les-Bains area is around €4,500 according to DVF (Données de Valeurs Foncières) data from 2022. This represents a difference of 28.89% above the market median. Over the last 12 months, the real estate market in Charbonnières-les-Bains has seen a 5% increase in prices, indicating an upward trend.

This apartment is located in a small high-end condominium of only 4 units, which is an asset for those seeking peace and privacy. Its flexible design allows for the space to be adapted according to the needs of future occupants. The proximity to the train station, allowing access to downtown Lyon in 15 minutes, enhances its appeal to potential buyers, especially families and professionals working in Lyon.

For a purchase of €680,000, notary fees are estimated between 7% and 8%, or approximately €47,600 to €54,400. This brings the total acquisition cost to approximately €727,600 to €734,400. Considering a 20-year loan at the current average rate of 3.4%, with a down payment of 10% (€68,000), the monthly payments would be around €3,700.

If this apartment is rented, the monthly rent could be estimated at around €2,500, which would give a gross rental yield of 4.41% (calculated on the purchase price of €680,000). After deducting expenses and property tax, the net yield could be around 3.5%.

The apartment is classified DPE D, which indicates moderate energy consumption. The annual energy cost is estimated at around €1,200, based on an average consumption for this type of property. According to the Climate & Resilience law, properties classified DPE G will no longer be able to be rented starting in 2025, highlighting the importance of energy performance for future investments.

To improve the energy performance certificate (DPE) from class D to C, a renovation budget could be estimated between €15,000 and €25,000. Assistance such as MaPrimeRénov' and Energy Savings Certificates (CEE) could be mobilized to reduce the cost of the work.

The apartment is located near the train station, allowing quick access to the center of Lyon in just 15 minutes. The neighborhood is also well-served by bus lines and has local shops, schools, and green spaces, making it a pleasant place to live for families.

The demographics of Charbonnières-les-Bains are characterized by a predominantly family-oriented population with a median income of approximately €30,000 per year. The quality of life is considered high, with a low crime rate and many green spaces, contributing to a serene living environment.

The Charbonnières-les-Bains area is subject to moderate flood risks, according to Géorisques data. It is recommended to consult the Local Urban Planning Plan (PLU) to check the current urban planning rules and any potential easements. Furthermore, rent control regulations may apply in the context of a rental.

Potential buyers should ask questions about the property's history, condominium fees, planned work, as well as recent technical diagnostics (lead, asbestos, termites). It is also important to know the management terms of the condominium and the decisions made during the last general meetings.