View of Saint-Michel-l'Observatoire, 04 — real-estate investment analysis Wikimedia Commons CC BY-SA

Saint-Michel-l'Observatoire

Rural municipality · 04870 · Provence-Alpes-Côte d'Azur

👥 Population
1 329
2023 · INSEE
🏠 Median price /m²
3 902 €
📈 11% since 2015
💰 Gross yield
4.0 %
rent / purchase price
⚡ Avg. energy rating
D
🔴 45.0 % energy sieves (F-G) (F-G)
🎯 Investment score Low

Saint-Michel-l'Observatoire — Score 23/100.

Why this score? This score is penalized mainly by a high purchase price for the area (9/100) and a weak rental yield (11/100).
23
💰 Yield11
🌳 Quality of life50
📊 Dynamism52
💸 Affordability9
🛡️ Safety12
⚡ Energy rating12
🧮 Simulate your rental yield

🏠 Property prices

DVF · 5 Transactions · Saint-Michel-l'Observatoire

🏢 Apt. /m²
3 902 €
🏡 House /m²
2 763 €
📋 Transactions
5
📈 Price per m² evolution (2020 — 2024)
📊 Annual transaction volume
📊 Nearby municipalities
CityApt.HouseTrans.Pop.
Manosque2 195 €3 103 €37222 718
Digne-les-Bains1 897 €2 290 €29317 979
Sisteron1 622 €2 239 €1227 850
Oraison3 049 €2 917 €916 155
Forcalquier3 047 €3 328 €1075 222
Château-Arnoux-Saint-Auban1 748 €2 450 €795 107

💰 Rental yield

Calculated from DVF prices and observed rents

🏠 Average rent
12.91 €/m²
monthly
💰 Gross yield
4.0 %
⏳ Payback period
25.2 years

🏘️ Rental market & tension

INSEE Housing Stock 2021 · Pinel ABC zoning · Tense areas

🏠 Main residences
72.5 %
🏖️ Secondary homes
21.3 %
🚪 Vacant homes
6.2 %
🏢 Apartments
10.4 %
89.2 % houses
🎯 Pinel zoneOfficial Pinel zoning. A Bis = very high tension (Paris, French Riviera), A = high tension (metropolises), B1 = moderate, B2 = low, C = relaxed market.
C
Relaxed market
⚖️ Tense area (ALUR law)Tense area under article 232 of the French Tax Code (CGI) / ALUR law. Enables rent control and applies the vacant housing tax.
Yes
Rent control possible
🏢 Social housing units
15
RPLS source

💶 Local taxation

REI · DGFIP · Exercice 2024

🏠 Property tax (built)Municipal property tax rate on built properties (TFB). Applied to the cadastral rental value to calculate the owner's annual property tax.
48.380 %
Global rate 2024
🌾 Property tax (unbuilt)Municipal property tax rate on unbuilt properties (TFNB): land, fields, forests.
131.090 %
🏘️ Housing tax
15.720 %
Secondary homes
🗑️ Waste collection taxTEOM — Household Waste Collection Tax. Applied by the municipality or intermunicipality to finance waste collection and treatment.
9.500 %
🌾 Land tax (unbuilt) REI
45.93 %

👥 Demographics

API Geo + INSEE

🧑‍🤝‍🧑 Inhabitants
1 329
2023
📐 Area
28.21 km²
47 inh/km²
💶 Median income
22 620 €
📊 Median age
49.2 yrs
25.6% under 30
💼 Activity rate
79.5 %
ages 15-64
📉 Unemployment rate
11.6 %
2021 census

🏢 Local economy & dynamism

SIRENE · INSEE

🏢 Active businesses
445
SIRENE database 2026
✨ 2024 creations
34
-12.8% vs 2023
📊 2023 creations
39
💼 Economic density
335
Businesses / 1,000 pop.

🚉 Transport & accessibility

SNCF Open Data · INSEE Urban Areas 2020

🚆 Nearest train station
Manosque - Gréoux-les-Bains
À 11.34 km · Segment C
🏙️ Urban attraction areaUrban Attraction Areas (INSEE 2020): municipal classification based on commuting relationships with urban hubs. Main hub / secondary / suburban crown / outside.
Manosque
Suburban crown
🏛️ IntercommunalityEPCI — Public Establishment for Intermunicipal Cooperation. Community of communes, agglomeration, urban or metropolitan community grouping the municipality with its neighbors.
CC Haute-Provence - Pays de Banon
EPCI
📍 Rail access
Average
Station distance

🏪 Amenities & services

BPE · INSEE

📋 Services_publics
39
📋 Commerce
5
📋 Enseignement
1
🏥 Sante
3
⚽ Sport
6
🎭 Culture
2

🛡️ Safety

SSMSI · SSMSI · Ministry of the Interior

IndicatorIncidentsRate ‰Nat. averageGap
Destructions et dégradations volontaires75.30 ‰7.2 ‰-26 % vs moy.

⚡ Energy performance

20 DPE · ADEME

📊 Energy rating distribution
A
0.0 %
B
0.0 %
C
5.0 %
D
30.0 %
30.0 %
E
20.0 %
20.0 %
F
25.0 %
25.0 %
G
20.0 %
20.0 %

45.0 % energy sieves (F-G) (F+G) — Nat. average : 17 %

💶 Energy rating impact on price per m²

🏛️ Historical heritage

Mérimée database · 6 protected monuments

BuildingEra
chapelle12e siècle;15e siècle;16e siècle
église13e siècle
enceinte12e siècle;14e siècle
chapelle12e siècle;18e siècle
chapelle12e siècle
observatoire20e siècle

⚠️ Natural and technological risks

Géorisques API · 10 risks identified

Affaissement minier
Affaissements et effondrements d'origine anthropique (anciennes carrières souterraines, hors mines)
Eboulement ou chutes de pierres et de blocs
Feu de forêt
Glissement de terrain
Tassements différentiels
Transport de marchandises dangereuses
Mouvement de terrain
Inondation
Séisme

📡 Digital coverage

ARCEP

📶 Ultra-fast broadband
100.0 %

💧 Drinking water quality

API Hub'Eau · 11 133 analyses · MAIRIE ST-MICHEL-L'OBSERVATOIRE

⚗️ Physicochemistry
✅ Compliant
📋 analyses
11 133

⚡ EV charging stations

IRVE

🔌 Stations
2
⚡ Charge points
4
🚀 Incl. fast charging
0

🎯 Municipalities with a similar score

Same region, score close to

📍 Nearby municipalities

Nearest geographically

CityDistanceScorePop.
Mane 3.4 km 26/100 1 410
Dauphin 4.4 km 30/100 838
Forcalquier 6.7 km 37/100 5 222
Saint-Maime 6.0 km 45/100 923
Reillanne 6.3 km 38/100 1 730
Manosque 10.6 km 63/100 22 718
Pierrevert 11.7 km 45/100 3 945
Volx 9.3 km 43/100 3 243

❓ Frequently asked questions about Saint-Michel-l'Observatoire

What is the price per m² in Saint-Michel-l'Observatoire?

The median price per m² in Saint-Michel-l'Observatoire is 3 902 €.

What is the rental yield in Saint-Michel-l'Observatoire?

The gross rental yield in Saint-Michel-l'Observatoire is 4.0%.

Is Saint-Michel-l'Observatoire a good real estate investment?

Saint-Michel-l'Observatoire has a ScorCity score of 23/100, making it a risky investment.

What is the average energy rating in Saint-Michel-l'Observatoire?

The most common energy rating class in Saint-Michel-l'Observatoire is D.

What are the natural risks in Saint-Michel-l'Observatoire?

10 risks are identified in Saint-Michel-l'Observatoire: Affaissement minier, Affaissements et effondrements d'origine anthropique (anciennes carrières souterraines, hors mines), Eboulement ou chutes de pierres et de blocs.