T4 Apartment 69.79 m² for sale in Le Perreux Sur Marne - €300,000

The listed price for this apartment is €300,000, which corresponds to a price per m² of €4,295 (calculated from the listed price and the area of 69.79 m²). Based on data from the DVF (Demand for Land Value), the median price per m² for apartments in Le Perreux Sur Marne is around €3,800 (source: DVF DGFiP, 2022). Thus, this apartment is offered at a price 13% higher than the market median.

In terms of trend, apartment prices in this municipality have increased by about 5% over the last 12 months, according to INSEE data. This trend is supported by a growing demand for housing in well-served urban areas close to amenities.

The positioning of this apartment, on the top floor and cross-ventilated, as well as its proximity to schools and transport, are assets that can justify this higher price.

For a purchase at €300,000, notary fees are estimated between 7% and 8% for an old property, or approximately €21,000 to €24,000 (estimation based on current professional scales). The total acquisition cost would therefore be between €321,000 and €324,000.

Regarding financing, with a contribution of 10% (€30,000), the amount to be financed would be €270,000. Assuming an average interest rate of 3.4% over 20 years, the monthly payment would be approximately €1,570 (calculated based on current rates and an amortizable loan). The total interest cost over the loan term would be around €80,000.

For a rental investment, if this apartment is rented at €1,400 per month, the gross rental yield would be 5.6% (calculated on the purchase price), and the net yield, after deducting charges (estimated at 20% of rents), would be approximately 4.5%.

The apartment has a DPE class of E, with an energy consumption of 286 kWh/m²/year and greenhouse gas emissions of 69 kg CO2/m²/year. The annual energy cost is estimated between €2,310 and €3,170 (estimation based on values provided by the DPE).

According to the Climate & Resilience law, apartments classified F and G will no longer be able to be rented starting in 2025, which does not concern this apartment. To improve the energy class, renovation work may be necessary, with an estimated cost between €15,000 and €30,000 (indicative range based on current professional scales).

Aid such as MaPrimeRénov' and Energy Savings Certificates (CEE) can be mobilized to finance this work.

The apartment is located in Le Perreux Sur Marne, in immediate proximity to public transport. The nearest bus stop is a 2-minute walk away, and the RER station is accessible in 10 minutes. The neighborhood is residential and quiet, with several schools within a 5-minute walk, making it a sought-after living area for families.

In terms of shops, the city center is about 1 km away, offering a variety of boutiques, supermarkets, and services. The living environment is pleasant, with green spaces nearby, contributing to the quality of life for residents. According to INSEE data, the median income per household in this municipality is around €30,000 per year, which is slightly above the national average.

Le Perreux Sur Marne is located in a low flood risk area, according to Géorisques data. However, it is important to check for any easements that may affect the property. The Local Urban Planning Plan (PLU) should also be consulted to ensure that future projects in the neighborhood do not harm the property's value.

Regarding rental regulations, there is no rent control in this municipality, allowing for some flexibility for landlords. Mandatory diagnostics (DPE, lead, electricity, gas) must be carried out before the sale, and it is advisable to have them up to date to reassure potential buyers.