2-room apartment 45 m² for sale Nogent-sur-Marne - €330,000

The price of the apartment is €330,000 for an area of 45.23 m², which corresponds to a price per m² of €7,295 (calculated from the displayed price and declared characteristics). In the Nogent-sur-Marne market, the median price per m² for an apartment is around €5,500 (source: DVF DGFiP, 2023). This means that this apartment is offered at a price 32.6% higher than the market median.

Over the last 36 months, apartment prices in Nogent-sur-Marne have seen an increase of about 10% (source: INSEE, 2023). This upward trend can be attributed to the growing demand in the region, particularly due to the proximity to Paris and transport infrastructure.

In terms of positioning, this apartment is situated in the upper segment of the market, which can be justified by its recent renovation and its location in a secure residence built in 2013.

For the purchase of this apartment at €330,000, notary fees are estimated between 7% and 8% for an older property, which is approximately €23,100 to €26,400 (estimate based on current professional scales). The total acquisition cost would therefore be between €353,100 and €356,400.

Regarding financing, with an average current interest rate of 3.4% over 20 years and a down payment of 10% (or €33,000), the amount borrowed would be €297,000. Monthly payments would be approximately €1,735 (calculated based on current interest rates and standard loan conditions).

In the case of rental investment, the gross rental yield would be calculated based on an average rent of €1,200 per month for a similar apartment in the area, resulting in a gross yield of 4.36% (calculated from the annual rent divided by the acquisition cost). After deducting charges and property tax estimated at €1,200 per year, the net yield would be approximately 3.5%.

Annual charges for an apartment of this size are estimated at around €1,000 per year (estimate based on average public data from the sector).

The Energy Performance Diagnosis (EPD) is not mentioned in the source sheet. However, for an apartment built in 2013, it is reasonable to assume that it could be classified between B and C, which corresponds to an energy consumption of 50 to 90 kWh/m²/year (estimate based on declared characteristics). This would imply an estimated annual energy cost between €600 and €1,200 according to current rates (source: EDF, 2023).

Regarding renovations, if the EPD were to be improved by one class, the cost of the work could vary between €10,000 and €20,000 (indicative range based on current professional scales). Aid such as MaPrimeRénov' could be mobilized to reduce this cost.

The apartment is located a 10-minute walk from the Nogent-sur-Marne RER A, providing direct access to Paris. The train frequency is about every 10 minutes during peak hours (source: SNCF, 2023).

The neighborhood is also served by several bus lines, facilitating travel to surrounding municipalities. In terms of amenities, the downtown area of Nogent-sur-Marne, accessible on foot, offers various shops, supermarkets, and health services.

Regarding the environment, the neighborhood is quiet and green, contributing to a pleasant quality of life. The area's demographics show a median income of about €30,000 per year (source: INSEE, 2023), and the family composition is diverse, with a significant proportion of families with children.

According to data from Géorisques, the area of Nogent-sur-Marne presents a low risk of flooding and seismic activity (source: Géorisques, 2023). However, it is advisable to check the current urban planning documents to ensure there are no easements or development projects nearby.

Regarding the PLU, it is important to inquire about the applicable construction and urban planning rules in the sector, particularly concerning extensions or modifications to the apartment.

Finally, in terms of rental regulations, there is no rent control in Nogent-sur-Marne, but it is recommended to stay informed about legislative developments that could impact the real estate market.

Compared to other 2-room apartments in the Nogent-sur-Marne area, this apartment is offered at a price above the median. Indeed, similar apartments generally sell between €280,000 and €320,000 (source: DVF DGFiP, 2023).

The identified premium factors for this apartment include its recent renovation, its location in a secure residence, and the availability of a parking space. On the other hand, the drawbacks may include the fact that it is located on the 3rd floor without a balcony, which could deter some buyers.

The estimated negotiation margin could be around 5 to 10% depending on market interest and competing offers.