T2 Apartment - 50.46m² - Paris (75014) — 2-room, 50.46 sqm, 1 bedroom
Real Estate Available

T2 Apartment 50.46 m² for Sale Paris 14 - €450,000, Energy Performance G

At a glance: 2-room · 50.46 sqm · 1 bedroom · floor 6

Brand: Guy Hoquet PARIS 14 PLAISANCE PERNETY

€450,000

top floor elevator bright living room independent kitchen quiet bedroom renovation needed close to shops close to transport dressing room well-maintained co-ownership southwest exposure sought-after location caretaker bathroom separate WC 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 50m² 50 m² 50m2 50 to 80m² 50m² apartment T2 apartment 50m² 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 apartment 75014
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by Guy Hoquet Paris 14 Plaisance Pernety

T2 Apartment - 50.46m² - Paris (75014)

Charming 2-room apartment located on the top floor with an elevator in a well-maintained condominium. It includes a southwest-facing living room, an independent kitchen, a quiet bedroom, a separate toilet, a small bathroom, and two closets. Renovations are needed. Sought-after location near shops and transport.

Information

  • Type: REAL_ESTATE
  • Price: €450,000
  • Brand: Guy Hoquet PARIS 14 PLAISANCE PERNETY
  • Availability: In stock

Characteristics

  • Floor: floor 6
  • Rooms: 2-room
  • Surface: 50.46 sqm
  • Bedrooms: 1 bedroom
  • Features: top floor, elevator, independent kitchen, dressing room
  • Year Built: 1912
  • Property Type: APARTMENT
  • Transaction Type: SALE
Energy
  • Dpe Class: G
  • Dpe Value: 441.1
  • Ges Class: C
  • Ges Value: 18
  • Is Exempt: No
  • Estimated Annual Cost Max: 2800
  • Estimated Annual Cost Min: 2060
Location
  • City: Paris
  • Postal Code: 75014

Metadata

Market and price analysis

Price per m² and market trend

The listed price for this apartment is €450,000 for an area of 50.46 m², which corresponds to a price per m² of €8,903/m². Based on data from the DVF (Demand for Property Value), the median price per m² in the 14th arrondissement of Paris is estimated to be around €10,000/m², indicating that this apartment is offered at a price 10.97% lower than the sector median.

Over the last 12 months, the real estate market in the 14th arrondissement has experienced a slight downward trend, with a price decrease of about 2% compared to the previous year. This trend may be related to rising interest rates and a greater supply in the market.

In terms of positioning, this apartment is situated in a competitive price range for the sector, which could attract buyers looking to invest in a property requiring customization work.

Financial simulations

Total Acquisition Cost

For a purchase at €450,000, notary fees are estimated between 7% and 8% for an older property, which is approximately €31,500 to €36,000.

The total acquisition cost would therefore be €481,500 to €486,000.

Considering a mortgage at an average rate of 3.4% over 20 years with a down payment of 10% (€45,000), the amount borrowed would be €405,000.

The monthly payments would be around €2,300, which represents a total cost over 20 years of approximately €552,000 (interest included).

For an investor, the gross rental yield can be estimated at 4% if the monthly rent is set at €1,500, resulting in a net yield after expenses of approximately 3.5%.

Energy rating

DPE Analysis

The apartment is classified G with an energy consumption of 441.1 kWh/m²/year. The annual energy cost is estimated between €2,060 and €2,800, depending on consumption habits.

According to the Climate & Resilience law, properties classified G will no longer be able to be rented from 2025. Renovation work would be necessary to improve the energy class. The aids available for renovation may include MaPrimeRénov' and Energy Savings Certificates (CEE), with amounts ranging from €1,500 to €10,000 depending on the work carried out.

Neighborhood

Amenities and Transportation

The apartment is located in the 14th arrondissement of Paris, near Rue d'Alésia, which offers easy access to several metro lines (line 4 and line 6) and buses. The nearest metro station is about a 5-minute walk away.

The neighborhood is well-served by local shops, schools, and green spaces, such as Parc Montsouris. The demographics of the area are characterized by a young and active population, with a median income of about €30,000 per year.

The quality of life is generally good, although noise and air pollution can be concerns in busier areas.

Risks and constraints

Natural Risks and Regulations

The property is located in an area with a low risk of flooding, according to Géorisques data. However, it is important to check for any easements and urban planning rules (PLU) that may affect the proposed works.

Regarding rent regulations, the 14th arrondissement is subject to rent control, with a maximum rent of €1,500 for a T2, which could affect rental profitability.

Mandatory diagnostics must be provided during the sale, including the energy performance certificate (DPE), lead diagnosis, and termite diagnosis.

Market positioning

Comparison with Similar Properties

This apartment is positioned below the market median for the 14th arrondissement, where prices per square meter are around €10,000. Comparable properties (T2 of 50-55 m²) generally sell between €500,000 and €550,000.

The advantages of this apartment include its location on the top floor, its southwest exposure, and the presence of an elevator. On the other hand, the necessary renovations and the energy class G could represent drawbacks for some buyers.

The negotiation margin could be estimated between 5% and 10% due to the necessary work.

Frequently asked questions

What are the notary fees for this apartment?

Notary fees for an old property generally range between 7% and 8% of the purchase price, which is approximately €31,500 to €36,000 for this apartment.

What are the financing options?

It is possible to obtain a mortgage loan at an average rate of 3.4% over 20 years, with a down payment of 10%. The monthly payments would be around €2,300.

What work needs to be planned?

Renovation work is necessary to improve energy performance and customize the apartment according to your tastes.

What are the available rental guarantees?

There are rental guarantees such as unpaid rent guarantee that can be offered by real estate agencies to secure the rental.

How does the purchasing process work?

The purchasing process includes searching for financing, negotiating the price, signing the sales agreement, and finally the deed of sale at the notary.

Are there flood risks in the neighborhood?

According to Géorisques data, the neighborhood has a low risk of flooding.

What are the mandatory diagnostics to provide?

The mandatory diagnostics include the energy performance diagnosis (DPE), the lead diagnosis, and the termite diagnosis.

What schools are nearby?

The neighborhood has several educational institutions, ranging from nursery schools to high schools, providing a good educational environment for families.

Are there green spaces nearby?

Montsouris Park is nearby, offering a pleasant green space for residents.

What is the median income in the neighborhood?

The median income in the 14th arrondissement is around €30,000 per year.

All tags

top floor elevator bright living room independent kitchen quiet bedroom renovation needed close to shops close to transport dressing room well-maintained co-ownership southwest exposure sought-after location caretaker bathroom separate WC 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 50m² 50 m² 50m2 50 to 80m² 50m² apartment T2 apartment 50m² 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 apartment 75014

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