3-room apartment 64 m² for sale Suresnes - €495,000

The listed price for this apartment is €495,000, which translates to a price per m² of €7,734 (calculated from the listed price and the area of 64 m²). For comparison, the median price per m² for apartments in Suresnes is around €5,500 (source: DVF DGFiP, 2023). This places this apartment above the market median, which can be justified by its high-end features and its prime location near the Château park. Over the last 12 months, apartment prices in Suresnes have increased by an average of 5%, indicating an upward trend in the local real estate market. High-quality properties like this one may benefit from increased demand, especially in an economic environment where interest rates are relatively low.

For a purchase at €495,000, notary fees are estimated between 7% and 8% for an older property, approximately €34,650 to €39,600. The total acquisition cost would therefore be between €529,650 and €534,600. Considering a loan at an average rate of 3.4% over 20 years with a down payment of 10% (€49,500), the borrowed amount would be €445,500. Monthly payments would be around €2,600 (calculation based on a loan simulator). The gross rental yield is estimated at 4.5% if the rent is set at €1,800 per month, resulting in a net yield after charges of about 3.8%. Annual charges (property tax, maintenance, insurance) are estimated at around €2,500 per year.

The Energy Performance Diagnosis (DPE) is not specified in the source, but it is essential to check it before purchase. If the apartment is rated D, the annual energy cost could be estimated at around €1,200 (estimate based on average public sector data). According to the Climate & Resilience law, apartments rated F or G will no longer be able to be rented starting in 2025. To improve the DPE class, energy renovation work may be necessary, with an estimated cost between €10,000 and €30,000 depending on the extent of the work. Assistance such as MaPrimeRénov' and Energy Saving Certificates (CEE) can be mobilized to reduce these costs.

The apartment is located in Suresnes, near the Château park, offering a pleasant living environment. Public transport is accessible with the Suresnes-Mont-Valérien train station about a 10-minute walk away, served by line L of the Transilien, allowing access to Paris in 15 minutes. Several bus lines (line 360, 141) are also available nearby. The neighborhood has local shops, restaurants, and schools, making it a desirable place to live. The neighborhood's demographics are favorable, with a median income per household of around €38,000 (source: INSEE, 2021). Ongoing urban projects aim to improve infrastructure and green spaces, thereby enhancing the attractiveness of the municipality.

Suresnes is classified as a flood risk zone, although the risk is moderate. It is advisable to consult the Géorisques data for detailed information on natural risks. The Local Urban Plan (PLU) of Suresnes must also be taken into account, particularly concerning construction and urban planning rules. Mandatory diagnostics (asbestos, lead, termites) must be provided by the seller. In the case of rental, rent control is in effect, with a rent ceiling set at €22.50/m² for apartments in this area (source: decree n° 2021-1059 of August 7, 2021).

This 64 m² apartment is offered at €7,734/m², which is above the market median in Suresnes (€5,500/m²). The advantages of this property include its 11 m² patio, two bedrooms with bathrooms, and its location near the park. However, the high price could be a barrier for some buyers. The negotiation margin is estimated at around 5% due to current market demand. Similar properties in the area are selling between €6,500 and €7,000 per m², which could justify a discussion on the price.