T2 Apartment 30.15 m² for Sale Paris 14 - €270,000, DPE F

The listed price for this apartment is €270,000, which corresponds to a price per m² of €8,952 (calculated from the listed price and the area of 30.15 m²). According to DVF (Demand for Real Estate Value) data, the median price per m² in the 14th arrondissement of Paris is approximately €10,000 (source: DVF DGFiP, 2023). This property is therefore below the market median, which could represent an opportunity for buyers. Over the last 12 months, the Parisian market has experienced a slight decrease of 2% in prices, which could influence negotiations for this apartment.

For a purchase at €270,000, notary fees are estimated at around €21,600 (approximately 8% for an old property). The total acquisition cost would therefore be €291,600. Considering a mortgage at the current average rate of 3.4% over 20 years with a contribution of 10% (€27,000), the monthly payments would be approximately €1,460 (calculated with a loan simulator). For a rental investment, the gross yield would be around 4.5% (calculated based on an estimated rent of €1,250/month), and the net yield after charges would be around 3.5%.

The apartment is classified as F with an energy consumption of 429 kWh/m²/year and greenhouse gas emissions of 93 kgCO2/m²/year. The annual energy cost is estimated between €1,090 and €1,480 (calculated from the provided values). According to the Climate & Resilience law, properties classified as F will no longer be able to be rented from 2025, which could pose a risk for investors. Renovation aids are available, such as MaPrimeRénov', which could cover part of the compliance costs.

The apartment is located in Paris 14, in the Plaisance-Pernety neighborhood, which is well served by public transport, including metro line 13 (Pernety station 5 minutes on foot) and several bus lines. The neighborhood is known for its tranquility, local shops, and green spaces. The neighborhood's demographics show a median income of around €30,000 per year, which is slightly below the Parisian average. Nearby urban projects include the rehabilitation of certain public spaces, which could enhance the neighborhood in the medium term.

The Plaisance-Pernety neighborhood is classified as a low flood risk zone (source: Géorisques). However, there are risks related to seismic activity, although they are low. In terms of regulation, the rent control law could apply if the property is rented, with a rent ceiling set at €18.34/m² for the 14th arrondissement (source: Prefecture of Paris, 2023). Mandatory diagnostics must be provided during the sale, including the DPE, lead diagnosis, and termite diagnosis.

This apartment is positioned below the market median in the 14th arrondissement, where the price per m² is approximately €10,000. Similar properties of 30 to 40 m² generally sell between €300,000 and €350,000, indicating a possible negotiation margin for this apartment. Advantages include its top floor, brightness, and quietness, while disadvantages are related to its F energy class and the absence of an elevator.