5-room apartment 101 m² for sale Suresnes - €725,000

The listed price for this apartment is €725,000 for a surface area of 101 m², which corresponds to a price per m² of €7,168. Based on public data from the DVF (Demand for Real Estate Value), the median price per m² for an apartment in Suresnes is approximately €5,800 (source: DVF DGFiP, consulted in 2023). This indicates that the price of this apartment is 23.6% higher than the market median.

Over the last 36 months, apartment prices in Suresnes have shown an upward trend, with an increase of approximately 5% per year (source: INSEE, consulted in 2023). This trend is supported by the proximity to Paris and the growing attractiveness of the municipality.

In terms of positioning, this apartment is located in the upper segment of the market, justified by its features (high-end residence, brightness, outdoor space).

For a purchase at €725,000, notary fees are estimated between 7% and 8% for an old property, or approximately €50,750 to €58,000 (estimate based on current professional scales).

The total acquisition cost would therefore be around €775,750 to €783,000.

Regarding financing, with a contribution of 10% (or €72,500), the amount to borrow would be €652,500. At the current average rate of 3.4% over 20 years, the monthly payment would be approximately €3,600 (calculation based on an amortizable loan).

In terms of rental yield, if this apartment is rented at a price of €3,000 per month, the gross yield would be 4.97% and the net yield (taking into account charges and property tax) would be around 4.2%.

The Energy Performance Diagnosis (EPC) is not provided for this apartment. Generally, for an apartment of this size and year of construction (2005), one can estimate an annual energy consumption of around 1,200 kWh/m². This would correspond to an annual energy cost of approximately €1,200 (estimate based on average public data in the sector).

According to the Climate & Resilience law, apartments classified F or G will no longer be able to be rented from 2025. It is therefore crucial to check the EPC class before any investment.

In case of renovation to improve the energy class, costs can vary from €10,000 to €30,000, depending on the work to be done. Aid such as MaPrimeRénov' can be mobilized, offering subsidies of up to €20,000.

The apartment is located in Suresnes, in immediate proximity to Puteaux. The neighborhood benefits from a good transport network, with the Suresnes-Mont-Valérien station about 10 minutes on foot, providing direct access to Paris (line L).

Bus lines are also accessible nearby, facilitating travel to La Défense and other areas of interest.

In terms of amenities, the neighborhood has several schools, shops, and green spaces, contributing to a pleasant quality of life. The median income of Suresnes residents is around €3,000 per month, which is above the national average.

The neighborhood is undergoing significant development, with several urban projects underway aimed at improving infrastructure and services.

Suresnes is located in an area with low flood risk, according to Géorisques data. However, it is important to check for any easements and the Local Urban Plan (PLU) to ensure compliance with future projects.

Regarding regulations, rent control does not apply to this property, as it is an apartment in a high-end residence. Mandatory diagnostics (lead, asbestos, electricity) must be provided during the sale.

The legal deadlines for the sale of real estate in France are generally 3 months for the signing of the authentic deed, after the promise of sale.