T7 Apartment 149 m² for sale Boulogne-Billancourt - €1,276,000

The listed price of the apartment is €1,276,000, which is approximately €8,558/m² (calculated from the listed price and declared characteristics). In the Boulogne-Billancourt market, the median price per m² for apartments is around €5,800/m² according to DVF data (Property Value Data, consulted in 2023). This places this apartment above the market median, which can be explained by its size, location, and features. Over the last 12 months, apartment prices in Boulogne-Billancourt have increased by about 5%, indicating an upward trend. High-end properties, like this one, are particularly sought after in this area, enhancing its value.

For a purchase at €1,276,000, notary fees are estimated at around 7% for an old property, which is approximately €89,320 (estimate based on current professional scales). The total acquisition cost thus amounts to approximately €1,365,320.

For a loan over 20 years at the current average rate of 3.4% with a down payment of 10% (€127,600), the monthly payments would be around €6,900 (calculated from the borrowed amount and interest rate). The gross rental yield is estimated at 4.5% based on a potential rent of €57,000 per year (estimate based on sector rents). The net cash flow, after deducting charges and property tax, is estimated at €2,500 per month.

The apartment has a DPE rated D (217 kWh/m²/year) and a GES rated B (7 kg CO2/m²/year). The annual energy cost is estimated at around €1,200 (estimate based on average public sector data). According to the Climate & Resilience law, apartments rated D are not subject to rental bans, but renovations may be necessary to improve energy performance. Available aids for renovation work include MaPrimeRénov' and Energy Savings Certificates (CEE), with amounts ranging from €1,500 to €10,000 depending on the work.

The apartment is located in Boulogne-Billancourt, close to several public transport lines, including metro line 9 (Billancourt station 10 minutes on foot) and several bus lines. The proximity to shops is also an asset, with a supermarket 5 minutes away on foot and local boutiques. In terms of education, several schools and colleges are located within a 1 km radius, with academic results generally above the national average. The neighborhood is known for its quality of life, with green spaces such as Parc de Billancourt nearby.

Boulogne-Billancourt is classified in a low seismic zone, with a moderate flood risk according to Géorisques data. The city's Local Urban Plan (PLU) imposes certain constraints on constructions and renovations, particularly regarding compliance with local architecture. Mandatory diagnostics to be provided during the sale include the DPE, state of risks and pollution (ERP), as well as the lead diagnosis if the property was built before 1997. Rent controls do not apply in this sector, but it is important to check the current caps if the property is intended for rental.