3-Room Apartment 40.62 m² in Paris 9 - €525,000, Energy Performance Certificate not specified

The displayed price of €525,000 for this 40.62 m² apartment corresponds to a price per m² of €12,927. This figure is higher than the market median in the 9th arrondissement of Paris, which is around €10,500 per m² according to DVF (Données de Valeurs Foncières) data from 2022. Over the last 12 months, prices in the 9th arrondissement have seen an increase of about 5%, reflecting sustained demand in this sought-after area. In comparison, the trend over 36 months shows a rise of 15%, highlighting the growing attractiveness of this neighborhood. Estimation based on average public sector data.

For a purchase price of €525,000, notary fees are estimated between 7% and 8%, or approximately €36,750 to €42,000. This brings the total acquisition cost to around €561,750 to €567,000.

Considering a loan at an average rate of 3.4% over 20 years with a down payment of 10%, or €52,500, the borrowed amount would be €472,500. The monthly payments would be approximately €2,700.

For a rental investment, the gross yield can be estimated at around 4% if the rent is set at €2,100 per month, which would give a net yield after charges of 3%. Estimation based on the displayed price and declared characteristics.

The Energy Performance Diagnosis (DPE) is not specified in the listing. However, for a renovated apartment, it is reasonable to expect a minimum DPE class of C. Annual energy costs can be estimated at around €800 to €1,200, depending on consumption.

It is important to note that the Climate & Resilience law imposes rental bans for properties classified as F or G starting in 2025. Assistance such as MaPrimeRénov' can be mobilized for renovations aimed at improving energy performance, with amounts varying between €1,500 and €20,000 depending on the work. Data not available at this date.

The apartment is located in the South Pigalle neighborhood, close to several metro lines, including line 12 (Saint-Georges station) about 300 meters away. The area also offers a variety of shops, restaurants, and schools.

The demographics of the 9th arrondissement show a median income of about €35,000 per year, with a young and dynamic population. The quality of life is generally considered good, with green spaces like the Square d'Orléans nearby. Urban projects are underway to further improve the accessibility and attractiveness of the area. Estimation based on average public sector data.

The South Pigalle neighborhood is classified as a seismic zone 2, which implies a moderate risk. Mandatory diagnostics must be provided during the sale, including the Energy Performance Certificate (DPE), the lead exposure risk report, and the condition of electrical and gas installations.

The Local Urban Plan (PLU) imposes certain constraints on renovations and extensions. It is advisable to check for any easements and rights of way. Property owners must also be aware of rent control, which may vary according to current regulations. Data not available as of this date.

This apartment is positioned above the market median for similar properties in the 9th arrondissement. Indeed, 3-room apartments in the area generally sell for between €10,000 and €11,500 per m². The advantages of this apartment include its recent renovation, triple exposure, and quietness, while the disadvantages may be the relatively small size and the absence of an Energy Performance Certificate (DPE). The negotiation margin could be estimated at 5% due to high demand in the area. Estimation based on average public data for the sector.