T4 Apartment - 78m² - Suresnes — 4-room, 78 sqm, 3 bedrooms
Real Estate Available

T4 Apartment 78 m² for sale in Suresnes - €499,000, 3 bedrooms

At a glance: 4-room · 78 sqm · 3 bedrooms

Brand: Laforêt Suresnes

€499,000

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by Agence immobilière Laforêt à SURESNES

T4 Apartment - 78m² - Suresnes

In the highly sought-after area of the castle park, come discover this apartment in perfect condition comprising: a beautiful living room facing south with a functional fireplace, an equipped American kitchen, and access to a balcony, 3 bedrooms, 1 bathroom with toilet, and a cellar. Close to all amenities.

Information

  • Type: REAL_ESTATE
  • Price: €499,000
  • Brand: Laforêt Suresnes
  • Availability: In stock

Characteristics

  • Rooms: 4-room
  • Surface: 78 sqm
  • Bedrooms: 3 bedrooms
  • Features: balcony, fireplace, cellar
  • Year Built: 1930
  • Property Type: APARTMENT
  • Transaction Type: SALE
Location
  • City: Suresnes
  • Postal Code: 92150

Metadata

Market and price analysis

Price per m² and positioning

The listed price of the apartment is €499,000 for an area of 78 m², which gives a price per m² of €6,387.18. Based on public data from the DVF, the median price per m² for an apartment in the Suresnes area is approximately €5,500 (source: DVF DGFiP, consulted in October 2023). The apartment is therefore offered at a price 16% higher than the market median.

Price Trends

Over the last 12 months, apartment prices in Suresnes have seen an increase of about 5%, indicating a continued upward trend in this area, particularly in sought-after neighborhoods like the park du château. This trend is supported by the proximity to Paris and the growing attractiveness of Suresnes for families and young professionals.

Property Positioning

The apartment is positioned as a quality property, in perfect condition, with sought-after features such as a balcony, a fireplace, and a south-facing exposure, making it attractive to potential buyers. However, its price per m² should be considered in the context of local competition.

Financial simulations

Total acquisition cost

For a purchase price of €499,000, notary fees for an old property are estimated between 7% and 8%, or approximately €34,930 to €39,920 (estimate based on current professional scales). This brings the total acquisition cost to approximately €533,930 to €538,920.

Loan Simulation

Considering a down payment of 10% (or €49,900) and an average interest rate of 3.4% over 20 years, the amount borrowed would be €449,100. Monthly payments would be around €2,500, representing a total credit cost of approximately €600,000 over the total loan duration.

Rental Yield

If this apartment were rented, with an estimated rent of €1,800 per month (estimate based on local rents), the gross rental yield would be 4.3%. After deducting charges and property tax, the net yield could drop to around 3.5%.

Energy rating

Energy class and costs

The DPE of the apartment is not specified in the provided data. However, for an apartment built in 1930, it is likely to be classified between D and E. Annual energy costs for an apartment of this size and energy class are estimated between €1,200 and €1,800 (estimate based on average public data for the sector).

Rental Bans

In accordance with the Climate and Resilience Law, apartments classified F or G can no longer be rented since 2023. If the DPE is below E, this could pose a problem for future rentals.

Renovation Aids

Aid such as MaPrimeRénov' can be mobilized to improve energy performance, with amounts varying between €1,500 and €5,000 depending on the work to be done.

Neighborhood

Transport and amenities

The apartment is located in Suresnes, near the park du château, a neighborhood appreciated for its quality of life. Public transport is easily accessible, with the Suresnes-Mont-Valérien station about 10 minutes on foot, providing connections to Paris. Bus lines also serve the neighborhood, facilitating travel.

Amenities

The neighborhood has many local shops, schools, and health services, enhancing its appeal for families. The neighborhood's demographics are mainly composed of families and young professionals, with a median income of around €35,000 per year (source: INSEE, consulted in October 2023).

Urban Projects

Urban development projects are underway in the region, aiming to improve infrastructure and green spaces, which could increase property values in the coming years.

Risks and constraints

Natural risks and regulations

Suresnes is located in a low flood risk area, but it is recommended to consult the Géorisques data to check for potential risks. The PLU of Suresnes imposes certain construction and renovation constraints, particularly regarding facades and materials used.

Rent Control

Since 2020, rent control has been applied in Suresnes, limiting rent increases to a certain percentage relative to the IRL. Property owners should be aware of these restrictions when renting out their property.

Mandatory Diagnostics

All property diagnostics (DPE, lead, electricity, gas) must be completed before the sale. It is crucial to ensure that these documents are up to date and compliant with legal requirements.

All tags

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