3-Room Apartment for Sale in Issy-les-Moulineaux - €315,000, 48 m²

The listed price for this apartment is €315,000 for a surface area of 48 m², which translates to a price per m² of €6,562.50.

Comparison with the local market

According to data from the DVF (Demand for Real Estate Value), the average price per m² in Issy-les-Moulineaux is around €6,500. This property is therefore slightly above the market median.

Price trend

Over the last 12 months, prices in Issy-les-Moulineaux have seen an increase of about 3%, indicating an upward trend in the real estate sector.

Property positioning

This property is located on the 4th floor without an elevator, which may be a negotiation factor for some buyers. However, the brightness and unobstructed view may compensate for this drawback.

Estimation based on average public data from the sector.

For a purchase at €315,000, the notary fees are estimated between 7% and 8% for an old property, or approximately €22,050 to €25,200.

Loan Simulation

Considering an average interest rate of 3.4% over 20 years with a down payment of 10% (€31,500), the borrowed amount would be €283,500.

• Estimated Monthly Payment: approximately €1,700.

Annual Holding Cost

• Property Tax: Estimate based on the average of the municipality, approximately €1,200 per year.
• Condominium Fees: Estimate based on professional scales, approximately €1,500 per year.

Estimation based on declared characteristics and current professional scales.

The Energy Performance Diagnosis (DPE) is not provided in the listing. However, for an apartment of this size, the annual energy consumption could be estimated between €800 and €1,200 depending on the characteristics of the building.

Rental Bans

With the Climate & Resilience law, apartments classified as F or G can no longer be rented since January 1, 2023. Therefore, it is crucial to check the DPE class before purchasing.

Renovation Cost

To improve the DPE class from C to B, the renovation cost can vary between €15,000 and €30,000. Assistance such as MaPrimeRénov' can be mobilized, offering grants of up to €7,000 depending on the work done.

Data not available regarding the DPE.

The apartment is located near several means of transport:

• Metro: Line 12 at Mairie d’Issy, about 5 minutes on foot.
• RER: Line C at Issy, about 10 minutes on foot.
• Tramway: T2 Jacques-Henri Lartigue, about 7 minutes on foot.

Amenities

The neighborhood offers many shops, schools, and green spaces, contributing to a good quality of life.

Demographics

The population of Issy-les-Moulineaux is about 68,000 inhabitants, with a median household income of about €36,000 per year, indicating a relatively high purchasing power.

Estimation based on public data and neighborhood characteristics.

According to the Géorisques site, the Issy-les-Moulineaux area presents a low risk of flooding and seismic activity. However, it is recommended to check for any easements related to the co-ownership.

PLU and Zoning

The Local Urban Planning (PLU) of the municipality can influence future projects in the neighborhood. It is advisable to consult urban planning documents to know about ongoing projects.

Mandatory Diagnostics

Before purchasing, it is essential to request the mandatory diagnostics (lead, asbestos, electricity, gas) to avoid surprises after the acquisition.

Data not available regarding specific diagnostics.