T3 Apartment - 57.14m² - Paris 14 — 3-room, 57.14 sqm, 2 bedrooms
Real Estate Available

T3 Apartment 57 m² for Sale Paris 14 - €425,000, DPE E

At a glance: 3-room · 57.14 sqm · 2 bedrooms

Brand: Guy Hoquet

€425,000

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by Guy Hoquet Paris 14 Plaisance Pernety

T3 Apartment - 57.14m² - Paris 14

Just a few minutes from the Pernety metro, in the highly sought-after Rue du Moulin Vert, discover this 57 m² apartment benefiting from a particularly quiet environment. It includes a living room, two bedrooms, a fitted and equipped kitchen, a shower room with WC, and a space converted in the basement of approximately 20 m². Ideal for a young family or an investor.

Information

  • Type: REAL_ESTATE
  • Price: €425,000
  • Brand: Guy Hoquet
  • Availability: In stock

Characteristics

  • Rooms: 3-room
  • Surface: 57.14 sqm
  • Bedrooms: 2 bedrooms
  • Features: fitted kitchen, shower room, basement space, ceiling height
  • Property Type: APARTMENT
  • Transaction Type: SALE
Energy
  • Dpe Class: E
  • Dpe Value: 276
  • Ges Class: B
  • Ges Value: 9
  • Is Exempt: No
  • Estimated Annual Cost Max: 1370
  • Estimated Annual Cost Min: 980
Location
  • City: Paris
  • District: Moulin Vert / Pernety
  • Postal Code: 75014

Metadata

Market and price analysis

Price per m² and market trend

The listed price for this apartment is €425,000 for 57.14 m², which corresponds to a price per m² of €7,433 (€425,000 / 57.14 m²).

Comparison with the market

According to data from the DVF (Land Value Database), the median price per m² in the 14th arrondissement of Paris is approximately €10,000 (source: DVF DGFiP, 2023). This figure indicates that the price per m² of this apartment is 25.67% lower than the market median.

Price trend

Over the last 12 months, the Parisian real estate market has experienced a slight decrease of 2% in prices, while the 14th arrondissement has seen relative stability. Forecasts for the coming year suggest a stagnation of prices, with possible fluctuations depending on economic developments and interest rates.

Financial simulations

Total Acquisition Cost

For a purchase price of €425,000, notary fees are estimated between €30,000 and €34,000 (approximately 7-8% of the purchase price for an older property).

Loan Simulation

Considering a down payment of 10% (€42,500) and an average interest rate of 3.4% over 20 years, the amount borrowed would be €382,500. The monthly repayment would be around €2,200.

Rental Yield

If this apartment is intended for rental, with an estimated rent of €1,600 per month, the gross rental yield would be 4.5% (calculated based on the purchase price). After deducting charges and property tax, the net yield could drop to 3.5%.

Energy rating

Energy Performance Certificate and Energy Costs

The apartment has an Energy Performance Certificate class of E with a consumption of 276 kWh/m²/year and a GHG class of B (9 kgCO2/m²/year).

Annual Energy Cost

The annual energy cost is estimated between €980 and €1,370, depending on usage.

Renovation and Assistance

To improve the Energy Performance Certificate class to a higher level, renovation work may be necessary, with an estimated cost between €10,000 and €20,000. Assistance such as MaPrimeRénov' can be mobilized to reduce the cost of the work.

Neighborhood

Transport and Amenities

The apartment is located near the Pernety metro station (line 13), about 5 minutes on foot.

Amenities

The Moulin Vert/Pernety neighborhood offers several local shops, as well as reputable schools, making it attractive for families.

Demographics and Quality of Life

The median household income in the 14th arrondissement is about €2,500 per month. The neighborhood is known for its tranquility and green spaces, such as Georges-Brassens Park.

Risks and constraints

Natural Risks and Regulations

The property is located in a low flood risk area, according to Géorisques data.

Local Urban Planning and Easements

The Local Urban Planning (PLU) allows for minor modifications, but it is important to check existing easements.

Mandatory Diagnostics

Energy performance diagnostics (DPE) and asbestos must be provided during the sale, as well as lead diagnostics if the property was built before 1949.

Market positioning

Comparison with Similar Properties

This apartment is positioned below the market median for similar properties in the 14th arrondissement, where the price per m² is around €10,000.

Factors for Overpricing or Underpricing

Features such as basement space and proximity to the metro are assets, but the DPE class E may be a negotiation factor.

Negotiation Margin

A negotiation margin of 5-10% is reasonable, given the market prices.

Frequently asked questions

What are the notary fees for this apartment?

The notary fees are estimated between €30,000 and €34,000, which is about 7-8% of the purchase price.

What is the amount of property tax?

The property tax for an apartment in the 14th arrondissement averages €800 to €1,200 per year.

What are the guarantees for renting?

To secure the rental, it is advisable to take out a rent guarantee, which can cover up to 90% of the rent in case of default.

Are there urban projects nearby?

Yes, several redevelopment projects are planned in the neighborhood, including the improvement of public spaces and transportation infrastructure.

What schools are nearby?

The neighborhood has several public and private schools, with generally positive academic results.

How to negotiate the price of this apartment?

It is advisable to base yourself on the price per square meter of similar properties in the neighborhood and to highlight the weaknesses of the property, such as the DPE rating.

What are the mandatory diagnostics?

The mandatory diagnostics include the DPE, asbestos, and lead if the property was built before 1949.

What is the average selling time of an apartment in the neighborhood?

The average selling time of an apartment in the 14th arrondissement is about 3 to 6 months.

What are the estimated monthly charges?

The monthly charges for this apartment are estimated between €150 and €250, depending on the included services.

Are there flood risks in the neighborhood?

The neighborhood is classified as low flood risk according to Géorisques data.

What are the financing options?

There are several financing options, including fixed and variable rate loans, with competitive interest rates.

How does rental management work?

Rental management can be delegated to an agency, which will take care of tenant searches, viewings, and rent management.

What are the advantages of buying in this neighborhood?

The neighborhood is appreciated for its tranquility, amenities, and accessibility, making it an attractive place to live.

All tags

calm near Pernety metro fitted kitchen shower room basement space ceiling height proximity to shops rental investment young family two bedrooms bright optimized layout quiet environment sought-after neighborhood schools nearby sale for sale purchase apartment apartment sale apartment for sale apartment purchase T3 F3 3 rooms 3-room apartment T3 apartment 2 bedrooms 2-bedroom apartment 57m² 57 m² 57m2 50 to 80m² 57m² apartment T3 57m² apartment Paris Paris apartment Paris apartment sale Paris apartment for sale Paris apartment purchase Paris sale Paris for sale Paris purchase T3 Paris 3 rooms Paris T3 apartment Paris 75014 Paris 75014 department 75 Paris 75014 apartment

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