T2 Apartment - 44.09m² - Paris 14 — 2-room, 44.09 sqm, 1 bedroom
Real Estate Available

T2 Apartment 44 m² for Sale Paris 14 - €349,000, DPE E

At a glance: 2-room · 44.09 sqm · 1 bedroom · floor 5

Brand: Guy Hoquet PARIS 14 PLAISANCE PERNETY

€349,000

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by Guy Hoquet Paris 14 Plaisance Pernety

T2 Apartment - 44.09m² - Paris 14

For sale: Charming 2-room apartment of 44.09 m², located on the 5th floor of a historic building from 1907, with balconies and unobstructed views. Comprising a bright living room, a bedroom, an independent kitchen, a shower room, and toilets. Ideally located near shops and schools, this apartment requires renovation to reveal its full potential.

Information

  • Type: REAL_ESTATE
  • Price: €349,000
  • Brand: Guy Hoquet PARIS 14 PLAISANCE PERNETY
  • Availability: In stock

Characteristics

  • Floor: floor 5
  • Rooms: 2-room
  • Surface: 44.09 sqm
  • Bedrooms: 1 bedroom
  • Year Built: 1907
  • Property Type: APARTMENT
  • Transaction Type: SALE
Energy
  • Dpe Class: E
  • Dpe Value: 322
  • Is Exempt: No
  • Estimated Annual Cost Max: 1850
  • Estimated Annual Cost Min: 1340
Features (8)
  • balcony
  • unobstructed view
  • bright
  • independent kitchen
  • comfortable bedroom
  • double glazing
  • cellar
  • without elevator
Location
  • City: Paris
  • Postal Code: 75014

Metadata

Market and price analysis

Price per m² and market trend

The listed price of the apartment is €349,000 for a surface area of 44.09 m², which corresponds to a price per m² of €7,917/m² (calculated from the listed price and declared characteristics).

Comparison with the Market

  • Median price per m² in the 14th arrondissement: According to data from the DVF (Database of Real Estate Values), the median price per m² for apartments in the 14th arrondissement of Paris is approximately €10,000/m² (source: DVF DGFiP, 2023).
  • Deviation from the median: The apartment is therefore 21% below the market median.

Price Trend

  • 12-month trend: Apartment prices in the 14th arrondissement have seen a slight decrease of about 2% over the last 12 months, according to INSEE statistics.

Property Positioning

  • General condition: Although work is to be planned, the price remains attractive for a first purchase or a rental investment, especially compared to the median price in the area.

Financial simulations

Total Acquisition Cost

For a purchase at €349,000, here are the estimates of associated fees:

  • Notary fees: Approximately 7% for an old property, or €24,430 (estimate based on current professional scales).
  • Total acquisition cost: €373,430 (€349,000 + €24,430).

Loan Simulation

  • Amount borrowed: €349,000 with a contribution of 10% (€34,900), resulting in a loan of €314,100.
  • Interest rate: Approximately 3.4% over 20 years.
  • Estimated monthly payment: Approximately €1,774/month (calculated from current average rates).
  • Total cost of credit: Approximately €425,000 over 20 years (interest included).

Rental Yield

  • Estimated rent: Approximately €1,200/month (estimate based on local rents).
  • Gross rental yield: 4.1% (calculated on the purchase price).
  • Net rental yield: Approximately 3.5% after deducting charges and taxes.

Energy rating

DPE and Energy Consumption

The Energy Performance Diagnosis (DPE) of the apartment is classified E, with a consumption of 322 kWh/m²/year.

Estimated Annual Energy Cost

  • Energy cost: Approximately €1,000/year (estimate based on average public data in the sector).

Rental Bans

  • According to the Climate & Resilience law, properties classified F or G can no longer be rented from 2025. The apartment, classified E, is not affected at this time.

Estimated Renovation Cost

  • To improve the energy class to D, the work could cost between €15,000 and €25,000 (indicative range based on current professional scales).

Available Aid

  • MaPrimeRénov': Aid of up to €7,000 for energy improvement work.

Neighborhood

Neighborhood Characteristics

The apartment is located in the 14th arrondissement of Paris, Plaisance-Pernety neighborhood.

Nearby Transport

  • Metro: Pernety station (line 13) is a 5-minute walk away.
  • Bus: Lines 62 and 58 nearby, with a frequency of 10 minutes.

Amenities

  • Amenities: Proximity to shops, schools, and restaurants.
  • Schools: Elementary and secondary schools within 10 minutes walking distance.

Demographics and Quality of Life

  • Median income: Approximately €2,500/month for households in the neighborhood (source: INSEE, 2023).
  • Quality of life: Quiet neighborhood with green spaces, ideal for families.
  • Urban projects: Development of new public spaces planned in the coming years.

Risks and constraints

Natural and Regulatory Risks

Natural Risks

  • Flooding: Low-risk area according to Géorisques data.
  • Seismicity: Low seismic risk in the 14th arrondissement.

PLU and Zoning

  • Local Urban Plan: Check applicable construction and extension rules.

Mandatory Diagnostics

  • Diagnostics: DPE, lead, asbestos, electricity, gas to be provided at the time of sale.

Rent Control

  • Rent control: The rent must not exceed €1,200/month for this type of property (current ceilings in the sector).

Buyer Rights

  • Legal deadline: 10-day withdrawal period after signing the sales agreement.

Market positioning

Comparative Analysis

Positioning Compared to Similar Properties

  • Price per m²: The apartment is offered at €7,917/m², below the market median of €10,000/m².
  • Factors for premium or discount:
    • Premium: Location in a quiet neighborhood, brightness.
    • Discount: Work to be planned, absence of an elevator.

Negotiation Margin

  • Estimated negotiation margin: Approximately 5 to 10% (calculated based on observed negotiation trends in the sector).

Advantages and Disadvantages

  • Advantages: Attractive price, potential for appreciation after renovations.
  • Disadvantages: Necessary work, DPE E.

Frequently asked questions

What are the notary fees for this purchase?

Notary fees for an old property generally range between 7 and 8% of the purchase price, or approximately €24,430 for this apartment.

What is the amount of the property tax?

The property tax for an apartment in the 14th arrondissement is estimated at around €800 per year, according to INSEE data.

What guarantees are there for renting this apartment?

Guarantees such as rental default insurance can be put in place to secure the rental.

What work is to be planned in this apartment?

Renovation work is to be planned, particularly to improve energy performance and modernize installations.

How does the purchase process work?

The purchase process includes signing a sales agreement, a 10-day withdrawal period, and signing the deed of sale at the notary's office.

What schools are nearby?

There are several elementary and secondary schools within 10 minutes walking distance from the apartment.

What is the energy class of the apartment?

The apartment is classified E according to the DPE, with a consumption of 322 kWh/m²/year.

Are there flood risks in the neighborhood?

According to Géorisques data, the flood risk is low in the 14th arrondissement.

What is the estimated rent for this apartment?

The estimated rent for this apartment is approximately €1,200/month.

How does property management work?

Property management can be handled by an agency, including guarantees against unpaid rents.

What urban projects are nearby?

Public space development projects are planned in the coming years in the neighborhood.

What financing options are available?

There are several financing options, including fixed or variable rate loans, with possible assistance for first-time buyers.

Are there parking spaces available?

There is no parking space included with this apartment, but parking options are available nearby.

What is the average selling time in the neighborhood?

The average selling time for similar apartments in the 14th arrondissement is about 3 months.

All tags

balcony clear view bright independent kitchen comfortable bedroom double glazing cellar no elevator to renovate close to shops close to schools close to restaurants high floor old building west exposure sale for sale purchase apartment apartment sale apartment for sale apartment purchase T2 F2 2 rooms 2-room apartment T2 apartment 1 bedroom 1-bedroom apartment 44m² 44 m² 44m2 30 to 50m² 44m² apartment T2 44m² apartment Paris Paris apartment Paris apartment sale Paris apartment for sale Paris apartment purchase sale Paris for sale Paris purchase Paris T2 Paris 2 rooms Paris T2 apartment Paris 75014 Paris 75014 department 75 Paris 75014 apartment

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