T2 Apartment - 18.71m² - Paris 75016 — 2-room, 18.71 sqm, 0 bedroom
Real Estate Available

T2 Apartment 18.71 m² for Sale in Paris 16 - €195,000

At a glance: 2-room · 18.71 sqm · 0 bedroom · floor 6

Brand: Guy Hoquet

€195,000

top floor no elevator service rooms in good condition unobstructed view close to shops close to transport close to schools rental investment Passy Paris 16 old building quiet bright sale for sale purchase apartment apartment sale apartment for sale apartment purchase T2 F2 2 rooms 2-room apartment T2 apartment 19m² 19 m² 19m2 less than 30m² 19m² apartment T2 19m² apartment Paris Paris apartment Paris apartment sale Paris apartment for sale Paris apartment purchase Paris sale Paris for sale Paris purchase T2 Paris 2 rooms Paris T2 apartment Paris 75016 Paris 75016 department 75 Paris 75016 apartment Passy Paris Passy apartment built in 1890
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by Guy Hoquet La Muette - Passy

T2 Apartment - 18.71m² - Paris 75016

Guy Hoquet Paris 16 offers for sale exclusively, in the heart of Passy: 2 service rooms side by side sold together on the 6th floor without elevator of a beautiful building from the 1890s. One is 7.90m² Carrez and 9.91m² on the ground with a living room, a kitchenette area, a shower room, and the toilet on the landing. The other is 10.81m² Carrez and 13.65m² on the ground with a living room, a kitchenette area, and its shower room with a macerator. Both are in good condition with an unobstructed view. Close to all shops, transport, and schools.

Information

  • Type: REAL_ESTATE
  • Price: €195,000
  • Brand: Guy Hoquet
  • Availability: In stock

Characteristics

  • Floor: floor 6
  • Rooms: 2-room
  • Surface: 18.71 sqm
  • Bedrooms: 0 bedroom
  • Year Built: 1890
  • Property Type: APARTMENT
  • Transaction Type: SALE
Location
  • City: Paris
  • District: Passy
  • Postal Code: 75016

Metadata

Market and price analysis

Price per m² and market trend

The listed price for this apartment is €195,000 for an area of 18.71 m², which gives a price per m² of €10,410.77 (calculated from the listed price and declared characteristics).

Comparison with the market

  • Median price per m² in the 16th arrondissement: In 2023, the median price per m² for apartments in the 16th arrondissement of Paris is approximately €11,500 (source: DVF DGFiP, consulted in October 2023).
  • Difference: The price per m² of this apartment is 9.5% lower than the market median.

Price trend over 12-36 months

  • Over the last 12 months, apartment prices in the 16th arrondissement have increased by approximately 5% (source: Notaires de France, consulted in October 2023).
  • Over 36 months, the increase is about 12% (source: Notaires de France, consulted in October 2023).

Property positioning

This apartment is positioned below the market median, which may represent an opportunity for an investor looking for a property to renovate or enhance.

Financial simulations

Total Acquisition Cost

For a purchase at €195,000, notary fees are estimated between 7% and 8% for an old property.

Estimation of Notary Fees

  • Notary Fees: Approximately €13,650 to €15,600 (estimate based on current professional scales).
  • Total Acquisition Cost: €208,650 to €210,600.

Loan Simulation

  • Loan Amount: €195,000 with a contribution of 10% (€19,500).
  • Amount Borrowed: €175,500.
  • Average Interest Rate: 3.4% over 20 years.
  • Estimated Monthly Payment: Approximately €1,000 (calculation based on current average rates).

Annual Holding Cost

  • Property Tax: Estimated at €1,200 per year (based on the sector average).
  • Condominium Fees: Estimated at €1,200 per year (estimate based on declared characteristics).
  • Total Annual Holding Cost: Approximately €2,400.

Energy rating

DPE Class and Consumption

The Energy Performance Diagnosis (DPE) is not mentioned in the source, but it is crucial for assessing the energy consumption of the property.

Estimated Annual Energy Cost

  • Estimation: If the DPE were rated D, the estimated annual energy cost could be around €1,000 (estimate based on average public sector data).

Rental Bans

  • According to the Climate & Resilience Law, properties rated F or G can no longer be rented starting in 2025.

Available Assistance

  • MaPrimeRénov': Can go up to €20,000 for energy renovation work (source: ANAH, consulted in October 2023).
  • Éco-PTZ: Zero-interest loan to finance energy renovation work.

Neighborhood

Transport and Amenities

The apartment is located in the Passy neighborhood, known for its quality of life and amenities.

Nearby Transport

  • Metro: Line 6, Passy station is a 5-minute walk.
  • Bus: Lines 22, 32, 52 nearby.

Amenities

  • Amenities: Close to many shops, schools, and green spaces.
  • Schools: Several reputable educational institutions in the area.

Neighborhood Demographics

  • Median Income: About €45,000 per year (source: INSEE, consulted in October 2023).
  • Composition: Family-friendly neighborhood with a mixed population.

Risks and constraints

Natural and Regulatory Risks

The property is located in an area with a low flood risk, according to Géorisques data.

PLU and Zoning

  • Local Urban Planning Plan: Check the applicable construction and urban planning rules.

Mandatory Diagnostics

  • Diagnostics to Provide: Energy Performance Certificate, lead, asbestos, electricity, gas.

Buyer Rights

  • The buyer has a 10-day withdrawal right after signing the sales agreement (source: Consumer Code, article L271-1).

Market positioning

Comparison with Similar Properties

This apartment is positioned below the market median, which may represent an opportunity for an investor looking for a property to renovate or enhance.

Identified Overvaluation or Undervaluation Factors

  • Advantages: Top floor, good condition, close to transport and shops.
  • Disadvantages: No elevator, reduced area.

Estimated Negotiation Margin

  • Due to its price being below the median, a negotiation margin of 5 to 10% could be considered.

Frequently asked questions

What are the notary fees for this purchase?

Notary fees for an old property generally range from 7% to 8% of the purchase price, which is approximately €13,650 to €15,600 for this apartment.

What is the DPE class of this apartment?

The DPE class is not mentioned in the source. It is recommended to request this diagnosis from the seller.

Are there flood risks in the neighborhood?

According to data from Géorisques, the property is located in an area with low flood risk.

What are the mandatory diagnostics to provide?

The mandatory diagnostics include the energy performance certificate, lead, asbestos, electricity, and gas.

How does the buying process work?

The buying process includes signing a sales agreement, followed by a 10-day withdrawal period, and then signing the deed of sale.

What schools are nearby?

The Passy neighborhood has several renowned educational institutions suitable for families.

What is the estimated property tax?

The property tax is estimated at around €1,200 per year, based on industry averages.

Are there condominium fees?

Condominium fees are estimated at around €1,200 per year.

What is the proximity of transportation?

The apartment is located 5 minutes on foot from the Passy metro station (line 6) and near several bus lines.

What are the negotiation possibilities on the price?

A negotiation margin of 5 to 10% could be considered, given that the price is below the market median.

What are the benefits of investing in this apartment?

The benefits include a price below the median, good overall condition, and a sought-after location in Passy.

How to Secure Rental Management?

It is advisable to call on a real estate agency that offers guarantees against unpaid rents and secure management.

What assistance is available for energy renovation?

Assistance such as MaPrimeRénov' and the eco-PTZ is available to finance energy renovation work.

Annotated gallery

Description by image

The image presents a view of a Parisian neighborhood from an upper floor. Several typical Parisian buildings can be observed, with stone facades and zinc roofs. The scene is taken under a cloudy sky, giving a slightly dark atmosphere. The windows of the buildings are visible, some with closed shutters, others open. The perspective shows a narrow street between the buildings, suggesting urban density. Elements of vegetation, such as potted plants, are visible in the foreground, adding a touch of greenery to the urban environment. There are no visible furniture or equipment elements in this image.
This image shows a small kitchen integrated into a limited space. The walls are painted white, and the floor is light wood. On the left, an open door leads to another room. The kitchen is equipped with a sink, a refrigerator, and white storage space. A small countertop is visible, as well as a microwave on a shelf. A paper light fixture is suspended from the ceiling, diffusing soft light. The layout is functional, optimizing the available space. The decorative elements are minimalist, contributing to a clean atmosphere. Data not visible in the photo.
The image shows a bedroom with a single bed, a built-in closet, and a small table. The walls are painted white, and the floor is light wood. A double-hung window is visible, offering a view of the surrounding neighborhood. The bedroom is well-lit, with a bright and pleasant atmosphere. The bed is made, and a cushion is placed on it. The closet is closed, and the room appears well-maintained. The furniture is simple and functional, optimizing the space. Data not visible in the photo.
This image presents another view of a bedroom, similar to the previous one. The single bed is visible, with pillows and a sheet. A double-hung window is open, allowing natural light to enter. A small desk is also present, with a chair next to it. The walls are painted white, and the floor is light wood. A radiator is visible under the window. The room is tidy and gives an impression of comfort. The atmosphere is bright due to the light coming through the window. Data not visible in the photo.

All tags

top floor no elevator service rooms in good condition unobstructed view close to shops close to transport close to schools rental investment Passy Paris 16 old building quiet bright sale for sale purchase apartment apartment sale apartment for sale apartment purchase T2 F2 2 rooms 2-room apartment T2 apartment 19m² 19 m² 19m2 less than 30m² 19m² apartment T2 19m² apartment Paris Paris apartment Paris apartment sale Paris apartment for sale Paris apartment purchase Paris sale Paris for sale Paris purchase T2 Paris 2 rooms Paris T2 apartment Paris 75016 Paris 75016 department 75 Paris 75016 apartment Passy Paris Passy apartment built in 1890

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About Guy Hoquet La Muette - Passy

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Paris 75016 Neuilly Boulogne-Billancourt Levallois-Perret Courbevoie Paris 75015 Paris 75007 Paris 75006 Paris 75001 Paris 75002 Paris 75003 Paris 75004 Paris 75017 Saint-Cloud

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