T4 Apartment 107 m² for Sale in Chaville - €472,500, DPE D

The displayed price for this apartment is €472,500 for an area of 107 m², which gives a price per m² of €4,409.31 (calculated from the displayed price and the declared characteristics). Based on data from the DVF (Données de Valeurs Foncières) for Chaville, the median price per m² for T4 apartments is around €4,200 (source: DVF DGFiP, 2023). Thus, this apartment is above the market median by 4.98%.

In terms of trend, apartment prices in Chaville have increased by about 5% over the last 12 months, according to data from INSEE. This indicates a dynamic real estate market, which could be a positive factor for potential buyers.

In summary, this apartment positions itself as a property slightly above the market, which could be justified by its features (balcony, cellar, parking) and its general condition.

The price per m² of this apartment is 4.98% higher than the market median. This can be explained by several factors, including the quality of the building, the brightness of the apartment, and the proximity to amenities. Properties with similar characteristics in the area show prices ranging from €4,000 to €4,600 per m², according to recent data.

For a purchase of €472,500, notary fees are estimated between 7% and 8% for an old property, which is approximately €33,075 to €37,800 (estimate based on current professional scales). The total acquisition cost amounts to approximately €505,575 to €510,300.

Considering a mortgage over 20 years at the current average rate of 3.4% with a contribution of 10% (i.e., €47,250), the amount borrowed would be €425,250. The monthly payments would be approximately €2,500 (calculation based on a loan simulator).

If this apartment is rented, the average monthly rent for a T4 in Chaville is around €1,800 (source: Rent Observatory, 2023). This would result in a gross rental yield of 4.56% (calculation based on annual rent divided by purchase price). After deducting charges and property tax, the net yield could be around 3.5%.

Annual holding costs include property tax, estimated at around €1,200 (estimate based on industry averages), condominium fees which can vary between €1,500 and €2,000 per year, and home insurance which could be around €300 per year. The total annual holding cost is therefore estimated between €3,000 and €3,500.

The apartment is rated D with an energy performance diagnosis (DPE) of 220 kWh/m²/year. This means it is considered to have a relatively high energy consumption. The estimated annual energy cost for this apartment could be around €1,500 (estimate based on industry averages).

According to the Climate and Resilience Law, apartments rated D are not subject to rental bans, but renovations may be necessary to reach a class C, which would require an estimated renovation budget between €10,000 and €20,000 (indicative range based on current professional scales).

Assistance such as MaPrimeRénov' and Energy Savings Certificates (CEE) can be mobilized to finance these works.

The apartment is located near the Chaville train station, providing direct access to Paris in about 20 minutes. Several bus lines also serve the area, making transportation easier. Local shops are within walking distance, as well as several schools, making it an ideal location for families.

The neighborhood is characterized by a green setting, with parks and green spaces nearby, contributing to a pleasant quality of life.

The population of Chaville is approximately 20,000 inhabitants, with a median household income of around €38,000 per year (source: INSEE, 2021). The neighborhood is known for its tranquility and safety, with a low crime rate. Green spaces and sports facilities also contribute to a good quality of life.

Chaville is located in a low flood risk area, according to Géorisques data. However, it is important to check the technical diagnostics to ensure there are no structural issues.

The Local Urban Planning Plan (PLU) of Chaville should also be consulted to know the current construction and development rules. Mandatory diagnostics, such as lead and asbestos, must be provided by the seller.

By comparing this apartment with other similar properties in the area, it appears that the price per m² is above the median, but this can be justified by its features (balcony, cellar, parking). Other T4 apartments in the area are selling between €450,000 and €490,000, placing this apartment in a competitive price range.

Factors for premium pricing include brightness, overall condition, and proximity to transportation. On the other hand, the energy performance certificate (DPE) could be a negotiation factor, as energy renovations may be necessary.