T4 Apartment 90 m² for sale Paris 16th - €1,130,000, DPE E

The listed price of the apartment is €1,130,000 for a surface area of 90.06 m², which corresponds to a price per m² of €12,525. Based on public data from the DVF (Demand for Property Values), the median price per m² in the 16th arrondissement of Paris is approximately €10,500. This property is therefore positioned above the market median by 19%.

Regarding price trends, the Parisian real estate market has experienced an increase of about 3% per year over the last 36 months, although the 16th arrondissement has shown signs of stabilization recently, with more moderate price variations.

Estimation based on average public sector data.

The apartment is located in the Auteuil Church neighborhood, known for its calm and residential atmosphere. This area is favored by families and professionals, which may contribute to stable property appreciation. Features such as triple exposure and unobstructed views add to its appeal.

INSEE data indicates that the median income per household in the 16th arrondissement is approximately €42,000, reflecting relatively high purchasing power in this area.

For the purchase of this apartment, notary fees are estimated between 7% and 8%, or approximately €79,100 to €90,400. This brings the total acquisition cost to approximately €1,209,100 to €1,220,400.

Considering a mortgage at an average rate of 3.4% over 20 years with a down payment of 10% (€113,000), the borrowed amount would be €1,017,000. Monthly payments would be around €5,700, representing a total cost of approximately €1,368,000 over the loan term.

If this apartment is rented out, the monthly rent can be estimated at around €3,500, resulting in a gross rental yield of approximately 3.7%. After deducting charges and property tax, the net yield could be around 3%.

Estimation based on declared characteristics and local market rents.

The apartment has a DPE rated E, with an energy consumption of 285 kWh/m²/year and greenhouse gas emissions of 63 kg CO2/m²/year. The annual energy cost is estimated between €2,270 and €3,080.

According to the Climate & Resilience law, homes rated F or G will no longer be able to be rented from 2025. It is therefore advisable to consider renovation work to improve the energy class.

Estimated renovation cost to gain one class: between €15,000 and €30,000, depending on the necessary work. Aids such as MaPrimeRénov' can be mobilized to reduce the cost of the work.

The Auteuil Church neighborhood is well served by public transport, notably metro line 9 (station Église d'Auteuil) about 5 minutes on foot. Additionally, several bus lines serve the area, facilitating access to the rest of Paris.

Local shops, such as bakeries, supermarkets, and restaurants, are easily accessible, as are educational institutions, making it a sought-after neighborhood for families.

INSEE data: the unemployment rate in the 16th arrondissement is 6.5%, which is lower than the national average.

The Auteuil Church neighborhood is classified in a low seismic zone, with a moderate flood risk according to Géorisques data. It is important to check for any easements and the current urban planning regulations.

Regarding rent control, the 16th arrondissement is subject to rent ceilings, which are revised annually. For 2023, the reference rent for an apartment of this size is approximately €26/m².

Source: Consumer Code, article L. 631-1.