T5 Apartment 109 m² for sale in Suresnes - €920,000, energy performance certificate not provided

The listed price of the apartment is €920,000 for an area of 109 m², which corresponds to a price per m² of €8,442.20 (calculated from the listed price and the declared area). In comparison, the median price per m² for apartments in Suresnes is around €5,500 (source: DVF DGFiP, 2023). This means that this property is above the market median by 53.5%.

Over the last 12 months, the real estate market in Suresnes has seen a 5% increase in prices, with a continuous upward trend, due to the growing demand for quality housing near Paris. T5 properties are particularly sought after by families, which may explain this high pricing.

For a purchase price of €920,000, notary fees are estimated at around 7.5% (taking into account fees for an old property), or about €69,000.

The total acquisition cost would therefore be €989,000.

For a 20-year loan at the current average rate of 3.4% with a down payment of 10% (€92,000), the borrowed amount would be €828,000. Monthly payments would be around €4,800 (calculated based on current professional scales).

If this apartment were rented, the monthly rent could be estimated at €3,500 (estimate based on sector rents for a T5). This would yield a gross rental yield of about 4.5%. After deducting charges and property tax, the net yield could be around 3.5%.

The DPE is not provided for this apartment. Generally, for a property of this size, the annual energy cost could vary between €1,200 and €1,800, depending on the energy class (estimate based on average public sector data). Owners should be aware that renovations may be necessary to improve energy performance and avoid rental bans in the future, according to the Climate & Resilience law.

Available aids for energy renovation include MaPrimeRénov' and Energy Savings Certificates (CEE), with amounts varying between €1,500 and €10,000 depending on the work.

The apartment is located in Suresnes, which benefits from a good public transport network, including the T2 tram and several bus lines. The Suresnes-Mont-Valérien station is also nearby, providing quick access to Paris.

The Liberté neighborhood is known for its tranquility and proximity to shops, schools, and green spaces, making it a pleasant place to live for families. The median income of Suresnes residents is around €30,000 per year, reflecting a relatively high purchasing power.

Suresnes is located in a low flood risk area, but it is important to check the energy performance diagnostics and any possible easements. The Local Urban Plan (PLU) should also be consulted to understand the construction and development rules in the neighborhood.

Regarding rent control, it is essential to inquire about the current caps, which may vary by area.

This apartment is positioned above the market median, with a price per m² of €8,442.20, while the median is €5,500. Factors for the premium include the quality of the co-ownership, the general condition of the property, and the presence of an outdoor space. However, the absence of a provided DPE could be a negotiation factor for potential buyers. The negotiation margin could be estimated at 5-10% depending on current market demand.