3-room apartment 64 m² for sale in Suresnes - €500,000, DPE C

The price of the apartment is €500,000 for an area of 64 m², which is a price per m² of €7,812.50. This figure is above the market median in Suresnes, which is around €6,500 per m², according to DVF (Demand for Land Value) data from 2022. Over the last 12 months, prices in Suresnes have increased by about 5%, reflecting an upward trend in this sought-after area.

Property positioning: The apartment is located in the République neighborhood, a sought-after area for its proximity to Paris and its amenities. The location, combined with the quality of the recent residence from 2019, justifies a price above the market median.

For a purchase at €500,000, notary fees are estimated between 7% and 8% for an old property, or about €35,000 to €40,000. This brings the total acquisition cost to approximately €535,000 to €540,000.

Loan simulation: With a down payment of 10% (€50,000), the borrowed amount would be €450,000. At the current average rate of 3.4% over 20 years, the monthly payment would be about €2,500.

Rental yield: If this apartment is rented out, with an estimated rent of €1,800, the gross rental yield would be 4.32% (calculated on the purchase price). After deducting charges and property tax, the net yield could be around 3.5%.

The apartment has an energy class of C, indicating moderate energy consumption. The annual energy cost is estimated at around €1,200, based on average consumption for an apartment of this size and class.

Rental restrictions: With the Climate & Resilience law, properties classified F or G can no longer be rented since 2023. The apartment will not be subject to these restrictions.

Renovation aids: In case of work to improve the energy class, aids like MaPrimeRénov' can be mobilized, with amounts ranging from €1,000 to €7,000 depending on the work done.

The apartment is located in immediate proximity to public transport, notably the Suresnes-Mont-Valérien train station, which serves the L line of the Transilien, allowing quick access to La Défense and Paris. Bus lines 360 and 141 are also accessible within 5 minutes on foot.

Amenities: The République neighborhood offers many shops, schools, and health services. The neighborhood's demographics are favorable, with a median income of around €35,000 per year.

Quality of life: The neighborhood is known for its tranquility, green spaces, and proximity to the banks of the Seine, contributing to a pleasant quality of life.

The Suresnes area is subject to moderate flood risks, according to Géorisques data. It is advisable to consult the Local Urban Planning Plan (PLU) to check the current construction and urban planning rules.

Mandatory diagnostics: Energy performance diagnostics (DPE), lead exposure risk, and the state of electrical and gas installations must be provided by the seller.

Rent control: Suresnes is subject to rent control, with a rent ceiling set at €20.50/m² for new leases, which can influence rental yield.

By comparing this apartment with other similar properties in the République neighborhood, it is noted that the price per m² is 20% higher than the market median. However, features such as the 23 m² terrace and covered parking add significant value.

Negotiation margin: Given the high demand in this area, the negotiation margin may be limited, estimated at about 5% of the listed price, or €25,000.