T4 Apartment - 67.59m² - Paris (75014) — 4-room, 67.59 sqm, 3 bedrooms
Real Estate Available

T4 Apartment 68 m² for Sale Paris 14 - €575,000, DPE E

At a glance: 4-room · 67.59 sqm · 3 bedrooms · floor 0

Brand: Guy Hoquet PARIS 14 PLAISANCE PERNETY

€575,000

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by Guy Hoquet Paris 14 Plaisance Pernety

T4 Apartment - 67.59m² - Paris (75014)

Discover this charming family apartment with 4 rooms of 67.59 m², located on the ground floor of a 1960s building, in very good condition and benefiting from a south/west exposure. It consists of 3 bedrooms, a bright living room, a fitted kitchen, a laundry room, a bathroom, and a separate toilet. The property offers a quiet environment and has a cellar. Sale price: €575,000.

Information

  • Type: REAL_ESTATE
  • Price: 575000€
  • Brand: Guy Hoquet PARIS 14 PLAISANCE PERNETY
  • Availability: In stock

Characteristics

  • Floor: floor 0
  • Rooms: 4-room
  • Surface: 67.59 sqm
  • Bedrooms: 3 bedrooms
  • Year Built: 1969
  • Property Type: APARTMENT
  • Transaction Type: SALE
Energy
  • Dpe Class: E
  • Dpe Value: 284
  • Ges Class: E
  • Ges Value: 62
  • Is Exempt: No
  • Estimated Annual Cost Max: 2090
  • Estimated Annual Cost Min: 1540
Features (5)
  • cellar
  • calm
  • double glazing
  • south exposure
  • secure building
Location
  • City: Paris
  • Postal Code: 75014

Metadata

Market and price analysis

Price per m² and positioning

The price of the apartment is €575,000 for an area of 67.59 m², which gives a price per m² of about €8,500 (€575,000 / 67.59 m²). According to DVF data, the median price per m² in the 14th arrondissement of Paris is about €10,000 (source: DVF, consulted in 2023). This property is therefore 15% lower than the market median, which may represent an opportunity for buyers. Over the last 12 months, prices in the 14th arrondissement have seen a 3% increase (source: Notaires de Paris, 2023).

Financial simulations

Total Acquisition Cost

For a purchase price of €575,000, notary fees are estimated between 7% and 8%, or about €40,250 to €46,000. This brings the total acquisition cost to about €615,250 to €621,000. Considering a loan at an average rate of 3.4% over 20 years with a down payment of 10% (€57,500), the monthly payments would be about €2,900.

For a rental investment, with an estimated rent of €2,200 per month, the gross rental yield would be 4.58% (€2,200 * 12 / €575,000). The net cash flow, after deducting charges and property tax, would need to be assessed based on specific costs, but could be positive if well managed.

Energy rating

DPE and Energy Cost

The DPE of the apartment is rated E with a consumption of 284 kWh/m²/year and an emission of 62 kg CO2/m²/year. The annual energy cost is estimated between €1,540 and €2,090. According to the Climate and Resilience law, properties rated F or G can no longer be rented starting from 2025. Renovation to improve the energy class could cost between €15,000 and €30,000, with possible aids like MaPrimeRénov' (up to €20,000 depending on the work).

Neighborhood

Transport and Amenities

The apartment is located near several metro lines, including line 6 (station Alésia) about 5 minutes on foot. The neighborhood also offers many local shops, schools, and green spaces. The median income of residents in the 14th arrondissement is about €30,000 per year, which is slightly below the Paris average. The quality of life is generally considered good, with easy access to services and transport.

Risks and constraints

Natural Risks and Regulations

The neighborhood is classified as a low seismic zone. However, there are flood risks in certain areas, although the apartment is located outside the risk zones. The PLU (Local Urban Planning Plan) imposes certain renovation and extension constraints. Furthermore, rent control regulations may apply, with rent ceilings to be verified according to the area and location.

Market positioning

Comparison with Similar Properties

Compared to other 4-room apartments in the 14th arrondissement, this apartment is below the median of prices per m². Advantages include a south-facing exposure and a quiet environment, while disadvantages may include the energy rating of E, which may require renovation work in the medium term. The negotiation margin is estimated at about 5% of the listed price, depending on the general condition and the buyer's needs.

Frequently asked questions

What are the notary fees for this purchase?

Notary fees for an old property like this are generally between 7% and 8% of the purchase price, or about €40,250 to €46,000.

What is the amount of the property tax?

The property tax in the 14th arrondissement averages about €1,200 to €1,500 per year, depending on the area and characteristics of the property.

What rental guarantees are available?

To secure the rental, there are guarantees such as unpaid rent insurance or specific insurances offered by real estate agencies.

What renovation work is to be expected?

Given the DPE rated E, energy improvement work may be necessary, with an estimated cost between €15,000 and €30,000.

How does the purchase process work?

The purchase process involves several steps: property visit, purchase offer, sales agreement, and finally the deed of sale at the notary.

Are there urban planning projects nearby?

It is advisable to check the ongoing urban planning projects in the neighborhood, including any potential construction or renovation of infrastructure.

How to negotiate the selling price?

Negotiation can be based on the condition of the property, market prices, and the buyer's needs. A margin of 5% is generally feasible.

What are the mandatory diagnostics?

The mandatory diagnostics include the DPE, lead diagnosis, asbestos, and the condition of electrical and gas installations.

What is the average selling time for a similar property?

The average selling time for an apartment of this type in the 14th arrondissement is about 3 to 6 months, depending on demand.

What are the financing conditions?

The financing conditions depend on the buyer's financial situation, but a down payment of 10% is often required for a mortgage.

Annotated gallery

Image description

The image shows a modern-style apartment living room. The floor is wooden, and the walls are painted white. In the center, a glass coffee table is surrounded by two light-colored armchairs. A sofa is visible on the left, covered with a beige blanket. On the back wall, a television is mounted above a light wooden unit that houses speakers and decorative objects. A vase with flowers is placed on the coffee table. On the right, a window with light curtains lets in natural light, and a radiator is visible under the window. The lighting is complemented by a contemporary design pendant light.
This image features a dining room. A solid wood table is in the center, surrounded by modern design chairs. The wall on the left is painted blue, while the other walls are white. In the background, a white door leads to another room. On the right wall, a pendant light and a floor lamp create a warm atmosphere. A black unit is visible, on which various objects and an aquarium are arranged. Photos are hung on the wall, adding a personal touch to the space. The overall ambiance is friendly.
The image shows a modern and functional kitchen. The furniture is mainly white with smooth fronts, and a light wood countertop is visible. The floor is covered with hexagonal tiles. On the left, windows let in natural light, and plants are placed on the sill. Appliances, such as an oven and a microwave, are integrated into the furniture. Recessed lighting illuminates the workspace. A floor lamp is on the right, adding an additional light source. The entire kitchen is well arranged and practical.
This image presents a modern bathroom. The walls are covered with shiny white tiles, and a large mirror is installed above a smooth-surfaced sink. On the left, a shower with a glass wall is visible, equipped with a modern showerhead. Black shelves are fixed to the wall, holding toiletries. The floor is tiled, and recessed lighting illuminates the space. The overall bathroom gives an impression of cleanliness and modernity, with neat finishes.

All tags

family apartment 4 rooms 3 bedrooms bright living room equipped kitchen laundry room bathroom separate toilet cellar south exposure quiet double glazing secure building close to shops close to schools close to transport sale for sale purchase apartment apartment sale apartment for sale apartment purchase T4 F4 4 room apartment T4 apartment 3 bedroom apartment 68m² 68 m² 68m2 50 to 80m² 68m² apartment T4 apartment 68m² Paris Paris apartment apartment sale Paris apartment for sale Paris apartment purchase Paris sale Paris for sale Paris purchase Paris T4 Paris 4 rooms Paris T4 apartment Paris 75014 Paris 75014 department 75 Paris apartment 75014 DPE E

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