3-room apartment 67 m² for sale Suresnes - €455,000

The listed price of €455,000 for this 67 m² apartment corresponds to a price per m² of €6,791. Based on average public data for the sector, the median price per m² in Suresnes is estimated at €5,800. This property is therefore offered at a price 17% higher than the market median.

Over the last 12 months, the real estate market in Suresnes has seen a price increase of about 5%. This trend is supported by the growing demand for real estate in this municipality, due to its proximity to Paris and its pleasant living environment.

3-room apartments in this area generally sell between €5,500 and €7,500 per m², placing this apartment in the upper range of the market.

For a purchase at €455,000, notary fees are estimated between 7% and 8%, or about €31,850 to €36,400. This brings the total acquisition cost to approximately €486,850 to €491,400.

Considering a loan at an average rate of 3.4% over 20 years with a down payment of 10% (€45,500), the borrowed amount would be €409,500. The monthly payments would be around €2,300.

For a rental investment, with an estimated rent of €1,600, the gross rental yield would be 4.23%. After deducting charges (about 15% of the rent), the net yield would be 3.59%.

The annual holding cost is estimated at about €3,000 for property tax, €1,200 for condominium fees, and about €500 for home insurance, totaling €4,700 per year.

The Energy Performance Diagnosis (DPE) is not provided in the description. However, for an apartment of this size and age, one can estimate a DPE class around D.

The annual energy cost is estimated at about €1,200.

According to the Climate & Resilience law, apartments classified F or G will no longer be able to be rented starting 2025. Aid such as MaPrimeRénov' and Energy Savings Certificates (CEE) can be mobilized for energy renovation work, with amounts ranging from €1,500 to €10,000 depending on the work.

The apartment is located near several amenities: pharmacy, Carrefour Market, bakery, butcher, analysis laboratory. The city centers of Suresnes and Puteaux are accessible in just 10 minutes on foot.

Regarding transport, Suresnes station is served by line L, which allows you to reach Saint-Lazare station in about 15 minutes. Additionally, several bus lines serve the neighborhood, providing good connectivity.

The neighborhood's demographics are favorable, with a median income per household of about €40,000 per year, indicating relatively high purchasing power.

The property is located in a low flood risk area according to Géorisques data. However, it is important to check for any easements and the Local Urban Plan (PLU) for potential restrictions on work.

Regarding rent control, Suresnes is not part of tight zones, meaning there is no rent capping in effect. Mandatory diagnostics such as the DPE, risk assessment, and the Carrez law must be provided at the time of sale.

This apartment is positioned above the market median for similar properties in the area. Indeed, 3-room apartments in the same neighborhood generally sell between €5,500 and €7,500 per m², placing this property in the upper range.

The advantages of this apartment include its brightness, balcony, and proximity to amenities. However, a disadvantage could be the high cost compared to other similar properties without a balcony or with less attractive features.

The negotiation margin is estimated at about 5%, depending on the interest of potential buyers and competing offers.