T2 Apartment - 40.66m² - Gentilly — 2-room, 40 sqm, 1 bedroom
Real Estate Available

T2 Apartment 40.66 m² for sale Gentilly - €227,000, DPE D

At a glance: 2-room · 40 sqm · 1 bedroom · floor 2

Brand: Guy Hoquet

€227,000

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by Guy Hoquet Paris 20 Nation

T2 Apartment - 40.66m² - Gentilly

Superb two-room apartment with an area of 40.66 m², ideal for a first purchase or a rental investment. Located close to shops and transport, this bright and cross-ventilated apartment offers a spacious living room with an open kitchen, a comfortable bedroom, and a functional shower room. Well-maintained co-ownership, without vis-à-vis, in a quiet environment.

Information

  • Type: REAL_ESTATE
  • Price: €227,000
  • Brand: Guy Hoquet
  • Availability: In stock

Characteristics

  • Floor: floor 2
  • Rooms: 2-room
  • Surface: 40 sqm
  • Bedrooms: 1 bedroom
  • Features: open kitchen, water room, cellar
  • Property Type: APARTMENT
  • Transaction Type: SALE
Energy
  • Dpe Class: D
  • Dpe Value: 238.6
  • Ges Class: B
  • Ges Value: 9
  • Is Exempt: No
  • Estimated Annual Cost Max: 1300
  • Estimated Annual Cost Min: 950
Location
  • City: Gentilly
  • Postal Code: 94250

Metadata

Market and price analysis

Price per m² and market trend

The listed price for this apartment is €227,000 for an area of 40.66 m², which gives a price per m² of €5,588. Based on available data, the average price per m² for an apartment in Gentilly is estimated at €4,800 (source: DVF DGFiP, consulted in 2023). This places this apartment above the market median by 16.4%.

Price Trend

Over the last 12 months, apartment prices in Gentilly have increased by about 5%. This trend is supported by growing demand in the sector, due to proximity to Paris and transport infrastructure. Forecasts for the next 12 months indicate a stabilization of prices, with a slight increase expected of 2%.

Property Positioning

This apartment stands out for its brightness, optimized layout, and proximity to shops and transport. These features may justify the price per m² being higher than the market median.

Financial simulations

Total acquisition cost

For a purchase at €227,000, notary fees are estimated between 7% and 8%, or about €15,890 to €18,160. This brings the total acquisition cost to €242,890 to €245,160.

Loan Simulation

Considering a 20-year loan at the current average rate of 3.4% with a down payment of 10% (€22,700), the borrowed amount would be €204,300. Monthly payments would be about €1,200, resulting in a total loan cost of approximately €288,000 over the loan term.

Rental Yield

For an investor, the gross rental yield can be estimated at 5%, with a potential monthly rent of €950. After deducting charges and property tax, the net yield could be around 4%.

Annual Holding Cost

Annual charges (syndic, maintenance) are estimated at €1,200, and the property tax at about €800, bringing the annual holding cost to €2,000.

Energy rating

Energy performance

The DPE of this apartment is rated D with a consumption of 238.6 kWh/m²/year and a GES rated B (9 kg CO₂/m²/year).

Annual Energy Cost

The annual energy cost is estimated between €950 and €1,300, depending on usage.

Rental Restrictions

In accordance with the Climate and Resilience Law, properties rated F and G can no longer be rented since 2023. This apartment, being rated D, remains compliant with current regulatory requirements.

Renovation Aids

To improve the energy class, aids such as MaPrimeRénov' can be mobilized, with amounts varying between €1,500 and €5,000 depending on the planned work.

Neighborhood

Accessibility and amenities

Gentilly is a municipality bordering Paris, well served by public transport, notably by the RER B and several bus lines. The nearest RER station is about 10 minutes on foot.

Amenities

The neighborhood offers a pleasant living environment with many local shops, schools, and green spaces. The neighborhood's demographics are dynamic, with a median income of about €2,200 per month.

Urban Projects

Urban development projects are underway, aimed at improving infrastructure and enhancing the attractiveness of the municipality, which could positively influence real estate prices in the coming years.

Risks and constraints

Potential risks

Natural risks in Gentilly include potential flooding, although the neighborhood is not classified as a flood zone according to Géorisques data.

Regulatory Context

The PLU (Local Urban Plan) of Gentilly imposes certain constraints on constructions and renovations. It is advisable to check for any easements and rights of way before purchasing.

Mandatory Diagnostics

All property diagnostics must be provided by the seller, including the DPE, state of risks and pollution, and the lead exposure risk report for older properties.

Market positioning

Comparative analysis

Compared to other apartments of the same type in the area, this apartment is positioned above the market median.

Premium Factors

The elements justifying this price include brightness, optimized layout, and proximity to transport.

Negotiation Margin

Based on recent transactions, a negotiation margin of 5% to 10% is feasible, depending on buyer interest and the speed of the sale.

Frequently asked questions

What are the monthly charges associated with this apartment?

Monthly charges are estimated at about €100, including syndic fees and maintenance of common areas.

What is the amount of the property tax?

The property tax is estimated at about €800 per year, according to sector averages.

Are there any works planned in the co-ownership?

Currently, no major works are planned in the co-ownership, but it is advisable to check the latest general assemblies.

What financing options are available?

Financing options include traditional loans, zero-interest loans for first-time buyers, and financing options with rental guarantee.

How does the rental guarantee work?

The rental guarantee covers the owner in case of non-payment of rents, thus ensuring financial security.

What are the mandatory diagnostics to provide?

Mandatory diagnostics include the DPE, state of risks and pollution, and the lead exposure risk report.

What is the validity period of the DPE?

The DPE is valid for a period of 10 years.

Are there any rental restrictions for this apartment?

No, this apartment is not subject to rental restrictions, being rated D.

What are the terms of sale?

The terms of sale include signing a preliminary sales agreement, followed by signing the authentic deed at the notary's office.

What are the advantages of buying this apartment?

Advantages include a good location, a bright and well-designed apartment, and long-term appreciation potential.

How does the apartment viewing proceed?

The apartment viewing can be organized by appointment with the agency, depending on availability.

Are there any parking spaces available?

No parking space is included with the apartment, but public parking options are available nearby.

What is the age of the building?

The age of the building is not specified; it is advisable to ask for this information during the visit.

What are the development prospects for the neighborhood?

The Gentilly neighborhood is undergoing transformation, with several infrastructure projects underway, which could positively influence real estate prices.

All tags

bright calm crossing no overlook close to shops close to schools close to transport rental investment first purchase open kitchen shower room well-maintained co-ownership pleasant environment large living room optimized in good condition 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 40m² 40 m² 40m2 30 to 50m² 40m² apartment T2 40m² apartment Gentilly Gentilly apartment Gentilly apartment sale Gentilly apartment for sale Gentilly apartment purchase Gentilly sale Gentilly for sale Gentilly purchase T2 Gentilly 2 rooms Gentilly T2 apartment Gentilly 94250 Gentilly 94250 department 94

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