T1 Apartment 30 m² for sale Boulogne-Billancourt - €269,300, DPE B

The listed price for this T1 apartment of 30.37 m² is €269,300, which translates to a price per m² of €8,855 (calculated from the listed price and declared characteristics). In the Boulogne-Billancourt market, the median price per m² for apartments is around €6,500 (source: DVF DGFiP, 2023). This places this apartment above the market median, which can be explained by its location, recent condition, and features (balcony, brightness). Over the last 12 months, apartment prices in Boulogne-Billancourt have increased by about 5% (source: Notaires de France, 2023).

For a purchase at €269,300, notary fees are estimated at around 7% for an old property, which is approximately €18,851 (estimate based on current professional scales). The total acquisition cost would therefore be €288,151.

For a loan of 90% of the purchase price (10% down payment), which is €242,370, at the current average rate of 3.4% over 20 years, the monthly payment would be about €1,400 (calculated from current interest rates). The total interest cost over the loan term would be approximately €52,000.

In terms of rental yield, if the apartment is rented for €1,200 per month, the gross yield would be 5.3% (calculated based on annual rent divided by purchase price).

The DPE of this apartment is rated B, with a consumption of 86 kWh/m²/year and GHG emissions of 8 kg CO2/m²/year. The annual energy cost is estimated between €250 and €400 (estimate based on provided data). According to the Climate & Resilience law, properties rated F or G will no longer be able to be rented from 2025, which enhances the appeal of properties rated B or better. To improve the energy class, renovation work may be necessary, with costs estimated between €5,000 and €15,000 according to professional scales.

The apartment is located in Boulogne-Billancourt, near Boulevard Jean Jaurès, which offers easy access to public transport, including metro line 9 (Billancourt station about 10 minutes on foot) and several bus lines. The neighborhood is also well served by local shops, schools, and green spaces such as Parc des Glacières. The neighborhood demographics show a median income of about €36,000 per year, which is above the national average (source: INSEE, 2023).

Boulogne-Billancourt is located in a low flood risk area, according to Géorisques data. However, it is important to check for any easements and the PLU (Local Urban Plan) that could affect future projects. Regarding regulations, rent control may apply in this area, with ceilings to be respected (source: Code of Construction and Housing, 2023).