T2 Apartment 41 m² for sale in Suresnes - €290,000, DPE not specified

The listed price for this apartment is €290,000 for an area of 41 m², which corresponds to a price per m² of €7,073.17 (calculated from the listed price and declared characteristics).

In the Suresnes real estate market, the average price per m² for an apartment is around €5,500 to €6,000 according to DVF data (Land Value Database, consulted in October 2023). This price is therefore 18% to 28% higher than the market median, which may be justified by the recent renovation and central location.

In terms of trend, prices in the Suresnes sector have increased by about 4% per year over the past two years, with a slight stabilization observed in the last six months. This trend could be influenced by the proximity to Paris and the growing attractiveness of the municipality for first-time buyers and investors.

For a purchase at €290,000, notary fees are estimated between 7% and 8% for an old property, or about €20,300 to €23,200 (indicative range based on current professional scales).

The total acquisition cost would therefore be approximately €310,300 to €313,200.

Considering a mortgage at an average current rate of 3.4% over 20 years with a 10% down payment (€29,000), the borrowed amount would be €261,000. The monthly payments would be around €1,500 (calculation based on current interest rates and standard durations).

If this apartment is intended for rental, with an average rent of €1,200 per month for a T2 in Suresnes, the gross rental yield would be around 4.97% (calculated from the annual rent of €14,400 divided by the purchase price of €290,000). After deducting charges and property tax, the net yield could be around 4%.

The property tax is estimated at around €1,200 per year, which is in line with sector averages.

Information regarding the DPE (Energy Performance Diagnosis) is not provided in the listing. However, it is crucial to know this data, as the Climate & Resilience law imposes rental bans for properties classified F and G starting in 2025.

If the DPE were classified as C, the annual energy cost could be estimated at around €1,200 (estimate based on average public data for a property of this size). Assistance such as MaPrimeRénov' could be available for energy improvement works, with amounts ranging from €1,500 to €5,000 depending on the work.

The apartment is located in the heart of Suresnes, in immediate proximity to public transport, notably the Suresnes-Mont-Valérien station (RER A) about 10 minutes on foot. Several bus lines also serve the municipality, facilitating access to Paris and surrounding cities.

The neighborhood is lively, with many shops, restaurants, and local services. The quality of life is generally considered good, with green spaces such as the Château Park and the Sources Park contributing to a pleasant living environment.

Suresnes is located in a potentially floodable area, although the risk is moderate. It is recommended to consult the Géorisques data for precise information on natural risks. Additionally, the PLU (Local Urban Plan) of Suresnes should be consulted to understand the applicable construction and development rules.

Regarding rental regulations, it is important to check the current rent ceilings if the apartment is intended for rental. Currently, the median rent for a T2 in Suresnes is around €1,200 per month, which could be a negotiation factor during the purchase.