T3 Apartment 43 m² for sale in Suresnes - €310,000, Energy performance diagnosis not provided

The listed price for this 43 m² apartment in Suresnes is €310,000, which corresponds to a price per m² of €7,209 (calculated from the listed price and declared area). According to data from the DVF (Land Value Database), the median price per m² in the Suresnes area is estimated at around €6,500 (source: DVF DGFiP, consulted in 2023). This places this apartment above the market median, with a gap of 10.8%.

Over the last 12 months, prices in Suresnes have seen an increase of about 5%, indicating a rising trend in the local real estate market. Older properties, like this one, are particularly sought after due to their charm and location.

In summary, this apartment is positioned in a price range above the median, which can be justified by its complete renovation and proximity to the city center.

The total acquisition cost for this apartment of €310,000 includes notary fees, estimated at about 7% for an old property, or €21,700 (calculation based on current professional rates). The total acquisition cost would therefore be €331,700.

For a mortgage at an average rate of 3.4% over 20 years with a 10% down payment (€31,000), the borrowed amount would be €279,000. Monthly payments would be around €1,600 (calculation based on a loan simulator).

In terms of rental investment, if this apartment is rented at an average price of €1,500 per month, the gross rental yield would be 5.8% (calculated from the annual rent divided by the total acquisition cost). The net cash flow, after deducting estimated charges of €200 per month, would be about €1,300 per month, or €15,600 per year.

The Energy Performance Diagnosis (DPE) is not provided for this apartment. Generally, for an old apartment of this size, annual energy consumption can be estimated between €1,200 and €1,500 (estimation based on average public sector data).

Regarding the Climate & Resilience law, apartments classified F or G can no longer be rented since 2023. It is therefore crucial to check the DPE class before any investment. Renovation aids such as MaPrimeRénov' can be mobilized to improve energy performance, with amounts ranging from €1,500 to €20,000 depending on the work to be done.

The apartment is located in Suresnes, in immediate proximity to the city center, providing easy access to public transport. The Suresnes-Mont-Valérien train station is about a 10-minute walk away, serving line L which connects to Paris Saint-Lazare. Additionally, several bus lines are available nearby.

Regarding amenities, the neighborhood has many shops, restaurants, and schools, making it a pleasant place to live. The median household income in this area is about €36,000 per year (source: INSEE, 2021). The quality of life is generally considered good, with green spaces and sports facilities nearby.

Suresnes is located in a low flood risk area, according to data from Géorisques. However, it is important to check for any easements or constraints related to the PLU (Local Urban Plan) that could affect the property.

Regarding regulations, it is essential to inform oneself about the rent control that applies in certain areas of Suresnes. Mandatory diagnostics, such as the DPE and the state of risks and pollution, must also be provided during the sale. The legal deadlines for selling a property are generally 3 months but can vary depending on the circumstances.