1-room apartment 31 m² for sale in Puteaux - €315,000, DPE B

The listed price for this apartment is €315,000 for an area of 31 m², which translates to a price per m² of €10,161.29. This figure is above the market median in Puteaux, which is around €9,000 per m², according to data from the DVF (Land Value Database) for 2023. Over the last 12 months, prices in Puteaux have seen an increase of about 5%, reflecting an upward trend in the local real estate sector. This increase is mainly due to the growing demand for new and quality housing, like this one, in a quiet and sought-after neighborhood.

For a purchase at €315,000, notary fees, estimated between 2% and 3% for a new property, would amount to approximately €6,300 to €9,450. Assuming an average interest rate of 3.4% over 20 years with a down payment of 10% (€31,500), the monthly payment would be about €1,365. The total acquisition cost, including notary fees, would therefore range between €321,300 and €324,450.

If this apartment is rented, with an estimated rent of €1,200 per month, the gross rental yield would be 4.57%. After deducting charges and property tax, the net yield could drop to around 4%.

This apartment is rated B in DPE, indicating good energy performance. The annual energy cost is estimated at around €600, based on average consumption for an apartment of this size. According to the Climate and Resilience law, properties rated F and G can no longer be rented starting in 2025, which emphasizes the importance of this classification. To improve the energy class, renovation work could cost between €5,000 and €15,000, depending on the planned improvements. Assistance such as MaPrimeRénov' can be mobilized to reduce these costs.

The apartment is located near several transport lines, including line T2 which connects Puteaux to La Défense and Paris. The Puteaux train station is about 10 minutes on foot. The neighborhood also offers nearby shops, schools, and green spaces, contributing to a pleasant quality of life. The median household income in this area is about €30,000 per year, indicating reasonable purchasing power for potential buyers.

The Puteaux area is classified as having a low flood risk according to Géorisques data. The PLU (Local Urban Plan) allows constructions up to R+5, which could influence future development in the neighborhood. Mandatory diagnostics, such as DPE and asbestos, must be provided during the sale. It is also important to check for any easements that could affect the use of the apartment.

This apartment is positioned above the market median for similar properties in the Puteaux area. Indeed, comparable apartments of 30 to 35 m² generally sell for between €280,000 and €300,000. The advantages of this apartment include its recent construction (2020), private garden, and modern amenities. However, the listed price could be a barrier for some first-time buyers.