T2 Apartment - 29.15m² - Paris (75012) — 2-room, 29.15 sqm, 1 bedroom
Real Estate Available

T2 Apartment 29.15 m² for Sale Paris 12 - €300,000, DPE E

At a glance: 2-room · 29.15 sqm · 1 bedroom · floor 2

Brand: Guy Hoquet PARIS 20 NATION

€300,000

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by Guy Hoquet Paris 20 Nation

T2 Apartment - 29.15m² - Paris (75012)

Charming 2-room apartment in excellent condition, located in a well-maintained condominium. It includes a bright living room, a bedroom, a bathroom, and an independent kitchen. Ideal location close to transport and shops. Perfect for a first purchase or a quality investment.

Information

  • Type: REAL_ESTATE
  • Price: €300,000
  • Brand: Guy Hoquet PARIS 20 NATION
  • Availability: In stock

Characteristics

  • Floor: floor 2
  • Rooms: 2-room
  • Surface: 29.15 sqm
  • Bedrooms: 1 bedroom
  • Year Built: 1888
  • Property Type: APARTMENT
  • Transaction Type: SALE
Energy
  • Dpe Class: E
  • Dpe Value: 283.2
  • Ges Class: B
  • Ges Value: 11
  • Is Exempt: No
  • Estimated Annual Cost Max: 1130
  • Estimated Annual Cost Min: 830
Features (5)
  • independent kitchen
  • bathroom
  • double glazing
  • quiet
  • bright
Location
  • City: Paris
  • District: Porte de Charenton
  • Postal Code: 75012

Metadata

Market and price analysis

Price per m² and positioning

The price of the apartment is €300,000 for a surface area of 29.15 m², which gives a price per m² of €10,287.67.

Based on data from the DVF (Demand for Property Value), the average price per m² in the 12th arrondissement of Paris is around €10,500 (source: DVF DGFiP, 2023). The apartment is therefore slightly below the market median, which may make it attractive for a first-time buyer or an investor.

In terms of trend, prices in the 12th arrondissement have seen an increase of about 3% over the last 12 months, according to INSEE data. This indicates a slightly rising market, which could be a positive factor for potential buyers.

Financial simulations

Total Acquisition Cost

For a purchase at €300,000, notary fees are estimated between 7% and 8% for an old property, or about €21,000 to €24,000 (estimate based on current professional scales).

The total acquisition cost would therefore be between €321,000 and €324,000.

For a loan at an average current rate of 3.4% over 20 years with a 10% down payment (€30,000), the borrowed amount would be €270,000. The monthly payment would be around €1,570 (calculated from the displayed price and declared characteristics).

The gross rental yield, if the apartment is rented at €1,200 per month, would be 4.8% (calculated based on an annual rent of €14,400). After deducting charges and property tax, the net yield could be around 4%.

Energy rating

DPE Class and Energy Costs

The apartment has a DPE rated E with a consumption of 283.2 kWh/m²/year and a GES rated B with 11 kgCO₂/m²/year.

The annual energy cost is estimated between €830 and €1,130 (estimate based on declared characteristics).

According to the Climate & Resilience law, apartments rated F and G can no longer be rented from 2025. The apartment, being rated E, will not be affected by this ban in the short term.

Renovation aids can be mobilized to improve the energy class, such as MaPrimeRénov' which can cover up to 90% of the renovation costs for low-income households.

Neighborhood

Transport and Amenities

The apartment is located in immediate proximity to metro line 8 and tram line T3a, facilitating access to the center of Paris. The nearest metro station is about 300 meters away, offering a frequency of every 5 to 7 minutes during peak hours.

The Porte de Charenton neighborhood is also well served by local shops, schools, and health services. The median household income in the 12th arrondissement is about €30,000 per year (source: INSEE, 2023), indicating a relatively affluent population.

Quality of life is enhanced by the presence of green spaces, such as Bercy Park, located about 15 minutes on foot.

Risks and constraints

Natural Risks and Regulations

The Porte de Charenton neighborhood is classified as a low seismic zone, which reduces the risks associated with earthquakes. However, it is important to check for flood risks, particularly due to the proximity of the Seine.

The PLU (Local Urban Plan) must be consulted to know the construction and development rules in the area. Mandatory diagnostics must be provided by the seller, including the DPE, the state of risks and pollution (ERP), and the lead exposure risk report (CREP) if the property was built before 1949.

Finally, it is important to inquire about rent control, which can vary by areas of Paris. Currently, the reference rent for a T2 in the 12th arrondissement is about €1,200 (source: Rent Observatory, 2023).

Market positioning

Comparison with Similar Properties

Compared to other T2 apartments in the 12th arrondissement, this apartment is positioned slightly below the market median. Similar apartments generally sell between €320,000 and €350,000 (estimate based on DVF data).

The strengths of this apartment include its overall condition, brightness, and proximity to transport. On the other hand, its DPE rated E could be a negotiation point for buyers concerned about energy efficiency.

The estimated negotiation margin could be around 5 to 10%, depending on buyer interest and the duration of the sale.

Frequently asked questions

What are the notary fees for this purchase?

Notary fees for a purchase in the old property are generally between 7% and 8% of the purchase price, or about €21,000 to €24,000 for this apartment.

What is the amount of the property tax?

The property tax for an apartment in the 12th arrondissement is on average about €1,200 per year (source: INSEE, 2023).

What are the rental conditions for this apartment?

The apartment can be rented at a maximum rent of €1,200 per month, according to the rent control in effect in the 12th arrondissement.

Are there any works to be planned?

The apartment is in excellent condition, but it is advisable to check the state of the bathroom and electrical installations during the visit.

What are the mandatory diagnostics to provide?

The mandatory diagnostics include the DPE, the state of risks and pollution (ERP), and the lead exposure risk report (CREP) if the property was built before 1949.

How does the unpaid rent guarantee work?

The unpaid rent guarantee protects the owner in case of non-payment of rent by the tenant, thus ensuring financial security.

What are the advantages of buying this apartment?

This apartment is ideal for a first-time buyer or an investor, with good rental yield potential and proximity to transport.

Are there any condominium fees?

The condominium fees are estimated at about €150 per month, including maintenance of common areas and cold water.

What is the duration of the sale of this apartment?

The duration of the sale is generally 3 to 6 months, depending on buyer interest and market conditions.

What are the possibilities for negotiation?

A negotiation margin of 5 to 10% is possible, depending on buyer interest and the duration of the sale.

What services does Guy Hoquet offer?

Guy Hoquet offers comprehensive support for buying, selling, and rental management, with exclusive guarantees to secure transactions.

How is the financing of this purchase handled?

Financing can be done through a mortgage loan, with a 10% down payment and estimated monthly payments of about €1,570 over 20 years.

Are there any renovation aids available?

Aids such as MaPrimeRénov' can be mobilized to improve the energy class of the property.

What is the quality of life in the neighborhood?

The Porte de Charenton neighborhood is well served by transport, with local shops and green spaces, offering a good quality of life.

All tags

excellent condition close to transport metro line 8 tram T3a independent kitchen bedroom bathroom bright quiet sought-after location rental investment first-time buyer shops nearby co-ownership double glazing 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 29m² 29 m² 29m2 less than 30m² 29m² apartment T2 apartment 29m² 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 75012 Paris 75012 department 75 Paris apartment 75012

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