Building 554 m² for sale in Courbevoie - 14 parking spaces

The price per m² for buildings in Courbevoie is estimated between €3,500 and €5,500 according to DVF (Demand for Land Value) data for 2022. Based on recent transactions, the median is around €4,500 per m². For a building of 554 m², the total price could therefore vary between €1,939,000 and €3,047,000.

Over the last 12 months, prices for buildings in Courbevoie have seen an average increase of 5%, indicating an upward trend. This property, with its 14 parking spaces, is favorably positioned in the market, as the availability of parking spaces is a major asset in an urban area.

Estimation based on average public data for the sector.

For an estimated purchase price of €2,500,000 (median estimate), notary fees would amount to approximately 7% of the purchase price, or €175,000. The total acquisition cost would therefore be €2,675,000.

Considering a 20-year loan at the current average rate of 3.4% with a 10% down payment, the amount borrowed would be €2,250,000. The monthly payments would be around €13,000.

Calculation based on the displayed price and declared characteristics.

If the building is rented at a gross rental yield of 6%, the annual income would be approximately €150,000, resulting in a net yield after expenses of 4.5% (about €112,500). The monthly cash flow would therefore be positive, allowing for the coverage of loan payments.

Estimation based on average public data for the sector.

Data on the DPE class not available at this date. Generally, for a building of this size, the annual energy cost can vary between €15,000 and €25,000 depending on the energy class. Owners may consider renovations to improve energy performance and benefit from aids such as MaPrimeRénov'.

Data not available at this date.

The building is located in Courbevoie, close to the Esplanade de la Défense metro station (line 1) and several bus lines. The neighborhood is dynamic, with many shops, restaurants, and services. The proximity to La Défense, one of the main business centers in Europe, enhances the attractiveness of this location.

Estimation based on average public data for the sector.

The population of Courbevoie is approximately 85,000 inhabitants, with a median household income of around €36,000 per year. The neighborhood is known for its quality of life, with green spaces and quality school infrastructure. However, the population density can lead to noise disturbances in certain areas.

Data not available at this date.

Courbevoie is located in a low flood risk area, but it is important to check the mandatory technical diagnostics, including the energy performance diagnosis (DPE) and the state of natural and technological risks (ERNMT). The PLU (Local Urban Plan) should also be consulted to know the construction or development constraints.

Data not available at this date.

By comparing this building with other similar properties in the area, it appears that the price is slightly above the market median, which is around €4,500 per m². The 14 parking spaces constitute a significant advantage, potentially justifying a premium compared to other buildings without parking.

Estimation based on average public data for the sector.