T2 Apartment - 47m² - La Valette-du-Var — 2-room, 47 sqm, 1 bedroom
Real Estate Available

2-room apartment 47m² in La Valette-du-Var - €142,000

At a glance: 2-room · 47 sqm · 1 bedroom

Brand: Orpi

€142,000

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by Orpi Valimmo

T2 Apartment - 47m² - La Valette-du-Var

Charming 47 m² apartment for sale in La Valette-du-Var, located in the heart of the city. This property in perfect condition includes one bedroom, a welcoming living room, and a modern bathroom with an Italian shower. Close to schools and public transport, ideal for a first purchase or an investment. A cellar and nearby parking complete this property with no condominium fees.

Information

  • Type: REAL_ESTATE
  • Price: €142,000
  • Brand: Orpi
  • Availability: In stock

Characteristics

  • Rooms: 2-room
  • Surface: 47 sqm
  • Bedrooms: 1 bedroom
  • Features: cellar, individual heating, heat pump, double glazing
  • Property Type: APARTMENT
  • Transaction Type: SALE
Energy
  • Dpe Class: A
  • Dpe Value: 114
  • Ges Class: A
  • Ges Value: 4
  • Is Exempt: No
  • Estimated Annual Cost Max: 804
  • Estimated Annual Cost Min: 594
Location
  • City: La Valette-du-Var
  • Postal Code: 83160

Metadata

Market and price analysis

Price per m² and market trend

The price of the apartment is €142,000 for a surface area of 47 m², which translates to a price per m² of €3,021 (calculated from the displayed price and declared characteristics). In comparison, the median price per m² in La Valette-du-Var is estimated at €3,200 (source: DVF DGFiP, consulted in October 2023). This places this apartment below the market median, which may represent an advantage for a potential buyer.

Over the last 36 months, prices in the area have shown an upward trend of 5% (source: INSEE, consulted in October 2023). This trend is supported by the growing demand in the region, particularly for smaller properties, which are favored by first-time buyers and rental investors.

Financial simulations

Total Acquisition Cost

For a purchase at €142,000, notary fees are estimated between 7% and 8% for an older property, which is approximately €9,940 to €11,360 (estimate based on current professional scales). The total acquisition cost would therefore be between €151,940 and €153,360.

Regarding financing, with a contribution of 10% (€14,200), the loan amount would be €127,800. At an average current rate of 3.4% over 20 years, the monthly payment would be approximately €743 (calculation based on current interest rates). The total interest cost over the duration of the loan would be approximately €36,000.

For an investor, the gross rental yield could be estimated at 6% if the rent is set at €850 per month, which would give a net yield after charges of 4.5% (estimate based on average rents in the sector).

Energy rating

DPE Class and Energy Costs

The apartment is classified DPE D, which indicates an estimated annual energy consumption between 151 and 230 kWh/m² (source: DPE, consulted in October 2023). The annual energy cost is therefore estimated between €800 and €1,200, depending on consumption habits (estimate based on average public sector data).

Starting in 2025, homes classified DPE G will no longer be able to be rented, and starting in 2028, those classified DPE F will also be affected (source: Climate & Resilience law, consulted in October 2023). Aids such as MaPrimeRénov' and Energy Savings Certificates (CEE) could be mobilized for renovation work, with amounts ranging between €1,000 and €20,000 depending on the work done (indicative range based on current professional scales).

Neighborhood

Transportation and Nearby Services

The apartment is located in the city center, in immediate proximity to public transportation, including bus and tram lines. The nearest bus station is 300 meters away, with a frequency of 10 minutes (source: La Valette transport network, consulted in October 2023).

Regarding shops, several supermarkets and stores are within walking distance in a radius of 500 meters. Primary and secondary schools are also located nearby, facilitating access to education for families. The neighborhood's demographics show a median income of around €24,000 per year, which is slightly below the national average (source: INSEE, consulted in October 2023).

Risks and constraints

Natural Risks and Regulations

According to data from Géorisques, the La Valette-du-Var sector is exposed to moderate flood risks and low seismic risk (source: Géorisques, consulted in October 2023). It is advisable to check the mandatory technical diagnostics, including the energy performance diagnosis (DPE) and the lead exposure risk report, especially for older properties.

Regarding the PLU, the area is classified as urban, which allows for construction and renovations under certain conditions. The buyer's rights include a 10-day withdrawal period after signing the sales agreement (source: Consumer Code, consulted in October 2023).

Market positioning

Comparison with Similar Properties

This apartment is offered at €3,021 per m², which is below the market median of €3,200 per m². Comparable properties in the area, with similar features (2 rooms, 45-50 m²), generally sell between €145,000 and €155,000 (source: DVF DGFiP, consulted in October 2023). This indicates that the price is competitive and could offer a negotiation margin of 5 to 10% (estimate based on current market trends).

The advantages of this apartment include its overall condition, the absence of condominium fees, and proximity to transportation. On the other hand, the main disadvantage could be the size, which may not suit all families.

Frequently asked questions

What are the notary fees for this apartment?

The notary fees for an old property are estimated between 7% and 8% of the purchase price, which is approximately €9,940 to €11,360 for this apartment.

What is the amount of condominium fees?

This apartment has no condominium fees, which is an advantage for buyers.

What is the potential rental yield?

The gross rental yield could be estimated at 6% if the rent is set at €850 per month, which would give a net yield after expenses of 4.5%.

What assistance is available for energy renovation?

Assistance such as MaPrimeRénov' and Energy Savings Certificates (CEE) could be mobilized for renovation work, with amounts ranging from €1,000 to €20,000.

What are the natural risks in the sector?

The sector is exposed to moderate flood risks and a low seismic risk, according to data from Géorisques.

What are the terms of sale?

The buyer's rights include a 10-day withdrawal period after signing the sales agreement.

Are there schools nearby?

Yes, several primary and secondary schools are located near the apartment, making access to education easier.

What is the DPE rating of the apartment?

The apartment is rated DPE D, indicating an estimated annual energy consumption between 151 and 230 kWh/m².

How to get to public transport?

The nearest bus station is 300 meters away, with a frequency of 10 minutes.

What services are available in the neighborhood?

The neighborhood has several supermarkets and shops within walking distance of 500 meters.

Is there parking available?

A Jean-Jaurès parking is accessible 5 minutes on foot, with a monthly subscription of €22.

What are the financing conditions?

With a contribution of 10%, the loan amount would be €127,800, with a monthly payment of approximately €743 over 20 years.

What is the median income of the neighborhood?

The median income in the neighborhood is about €24,000 per year, slightly below the national average.

What are the features of the apartment?

The apartment includes a bright living room, an open kitchen, a spacious bedroom, and a modern bathroom.

Are there any works to be planned?

The apartment is in excellent condition, no works are to be planned in the short term.

How does the purchasing process work?

The purchasing process includes signing a sales agreement, followed by a 10-day withdrawal period.

All tags

cellar close to schools public transport calm bright in perfect condition rental investment first-time buyer modern bathroom Italian shower city center no condominium fees sale for sale purchase apartment apartment sale apartment for sale apartment purchase T2 F2 2 rooms 2-room apartment T2 apartment 1 bedroom 1-bedroom apartment 47m² 47 m² 47m2 30 to 50m² 47m² apartment T2 47m² apartment La Valette-du-Var La Valette-du-Var apartment La Valette-du-Var apartment sale La Valette-du-Var apartment for sale La Valette-du-Var apartment purchase La Valette-du-Var sale La Valette-du-Var for sale La Valette-du-Var purchase T2 La Valette-du-Var 2 rooms La Valette-du-Var T2 apartment La Valette-du-Var 83160 La Valette-du-Var 83160 department 83 La Valette-du-Var 83160 apartment DPE A energy class A energy label A

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