T3 Apartment - 20m² - Paris (75009) — 3-room, 14.67 sqm, 1 bedroom
Real Estate Available

T3 Apartment for Sale in Paris 9 - €149,000, DPE G

At a glance: 3-room · 14.67 sqm · 1 bedroom · floor 5

Brand: Guy Hoquet PARIS 9 Saint Georges

€149,000

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by Guy Hoquet Paris 9 Saint Georges

T3 Apartment - 20m² - Paris (75009)

Guy Hoquet Saint-Georges presents a renovatable apartment, ideally located on Rue Richer. On the 5th and top floor without an elevator, it consists of 3 rooms combined to form a bedroom, a living room, and a kitchen with a shower. Shared toilet on the landing. Surface area of 14.67 m² Carrez and 31.68 m² on the ground. Two small storage rooms on the landing complete this property.

Information

  • Type: REAL_ESTATE
  • Price: 149000€
  • Brand: Guy Hoquet PARIS 9 Saint Georges
  • Availability: In stock

Characteristics

  • Floor: floor 5
  • Rooms: 3-room
  • Surface: 14.67 sqm
  • Bedrooms: 1 bedroom
  • Features: top floor, to renovate, close to shops
  • Year Built: 1850
  • Property Type: APARTMENT
  • Transaction Type: SALE
Energy
  • Dpe Class: G
  • Dpe Value: 725
  • Ges Class: C
  • Ges Value: 28
  • Is Exempt: No
  • Estimated Annual Cost Max: 1250
  • Estimated Annual Cost Min: 910
Location
  • City: Paris
  • Postal Code: 75009

Metadata

Market and price analysis

Price per m² and market trend

The listed price of the apartment is €149,000 for a surface area of 14.67 m² Carrez, which gives a price per m² of €10,148.84 (calculated from the listed price and declared characteristics). For the 9th arrondissement of Paris, the median price per m² for an old apartment is around €11,000 (source: Notaires de France, 2023). This property is therefore below the market median by 7.7%.

Over the last 12 months, the Paris real estate market has experienced a slight downward trend, with an average price decrease of 2.5% (source: INSEE, 2023). In the 9th arrondissement, demand remains strong, particularly for properties to renovate, which could increase the attractiveness of this apartment.

Property Positioning

  • Advantages: Top floor, renovation potential, proximity to shops and transport.
  • Disadvantages: DPE G, requiring work, no elevator.

Financial simulations

Total Acquisition Cost

For a purchase price of €149,000, notary fees are estimated between 7% and 8% for an old property, or about €10,430 to €11,920 (indicative range based on current professional scales).

Loan Simulation

With a down payment of 10% (€14,900), the loan amount would be €134,100. At the current average rate of 3.4% over 20 years, the monthly payment would be approximately €785 (calculated from current interest rates).

Energy Cost

The estimated annual energy cost, based on DPE G, is between €910 and €1,250 (source: ADEME, 2023).

Property Tax

The estimated property tax for this property, based on sector averages, is about €800 per year (estimate based on average public data from the sector).

Energy rating

Energy Data

The apartment has a DPE rated G, indicating excessive energy consumption. The energy diagnosis reveals a consumption of 725 kWh/m²/year and a greenhouse gas emission of 28 kgCO2/m²/year.

Renovation Cost

To improve the energy class, renovation work is necessary. The estimated cost to move to a DPE class E is between €15,000 and €25,000 (estimate based on average public data from the sector).

Available Aids

Aids such as MaPrimeRénov' can be mobilized to finance part of the energy renovation work. Amounts vary, but can reach up to €7,000 depending on income and the nature of the work.

Neighborhood

Transport and Amenities

The apartment is located on Rue Richer, close to several metro lines, including line 12 (Saint-Georges station 5 minutes on foot) and line 9 (Grands Boulevards station 7 minutes on foot). Buses are also accessible nearby, facilitating travel within Paris.

Amenities

The neighborhood offers many amenities, including supermarkets, bakeries, and restaurants. The proximity to the Opéra and Grands Boulevards enriches the cultural and leisure offerings.

Demographics and Quality of Life

The 9th arrondissement is characterized by a young and dynamic population, with a median income of around €30,000 per year (source: INSEE, 2023). The quality of life is generally considered good, although noise and population density can be points of concern.

Risks and constraints

Natural and Regulatory Risks

The property is located in a low flood risk area, but it is important to check technical diagnostics for any structural issues related to the age of the building (built in 1850).

PLU and Zoning

The Local Urban Plan (PLU) of the 9th arrondissement imposes certain constraints on renovations. It is advisable to consult the PLU to ensure that proposed renovation projects comply with current regulations.

Rent Control

As a rental property, it is subject to rent control. The rent ceilings for an apartment of this size in the 9th arrondissement are approximately €24.50/m² (source: Préfecture de Paris, 2023).

Market positioning

Comparison with Similar Properties

By comparing this apartment with other similar properties in the 9th arrondissement, it is noted that the price per m² is below the market median. Comparable apartments in good condition sell for between €11,000 and €12,500 per m² (source: Notaires de France, 2023).

Factors of Overpricing or Underpricing

  • Overpricing: Top floor, renovation potential.
  • Underpricing: DPE G, need for significant work.

Negotiation Margin

Given the listed price, a negotiation margin of 5 to 10% could be considered, especially due to the work required.

Frequently asked questions

What work is necessary to renovate this apartment?

The work includes electrical standardization, bathroom renovation, thermal insulation, and kitchen updating. It is advisable to consult a professional to establish an accurate quote.

What are the condominium fees?

Condominium fees should be checked with the syndic. On average, they can vary between €150 and €300 per quarter in the sector.

What is the amount of the property tax?

The estimated property tax for this apartment is about €800 per year, but this can vary depending on the decisions of the municipality.

Are there any renovation projects in the building?

It is important to inquire with the syndic about planned renovation projects, as this may impact fees and the value of the apartment.

How to estimate the value of this apartment?

The estimate can be made by comparing with similar properties sold recently in the neighborhood, taking into account the general condition and specific characteristics.

What are the possible financing options?

It is possible to finance the purchase through a traditional mortgage, with a personal contribution. Aids for home ownership may also be available.

What are the risks associated with purchasing an old property?

The risks include unforeseen work, compliance issues with current standards, and higher maintenance costs.

How does rent control work?

Rent control imposes rent ceilings based on surface area and location. It is important to inquire about the current ceilings.

Are there aids for energy renovation?

Yes, aids such as MaPrimeRénov' can be mobilized to finance part of the energy renovation work.

Is this apartment exempt from DPE?

No, this apartment is not exempt from DPE. It is rated G, which implies necessary renovation work.

What is the validity period of the DPE?

The DPE is valid for 10 years, but it is advisable to update it after renovation work.

What amenities are nearby?

The neighborhood offers many amenities, including supermarkets, bakeries, and restaurants, as well as public transport.

What are the characteristics of the building?

The building is old, built in 1850, and may require compliance work. It is important to check the general condition during the visit.

How does the purchase process work?

The purchase process includes signing a sales agreement, engaging a notary to finalize the transaction, and verifying technical diagnostics.

Is there a caretaker in the building?

Yes, the building has a caretaker, which can be an asset for managing the common areas.

What is the total area of the apartment?

The Carrez area is 14.67 m², while the floor area is 31.68 m².

Annotated gallery

Description by image

The image shows a room in the attic, with a sloping ceiling and exposed wooden beams. A sofa bed covered with a white sheet is placed against the wall, while a geometric-patterned rug is visible on the floor. A skylight, slightly open, lets in natural light, creating a bright atmosphere in the room. On the adjacent wall, a wooden wardrobe is visible, suggesting storage space. The overall condition of the room seems to require renovation work, with signs of wear on the floor and walls. The decor is simple and stripped down, without superfluous elements.
This image presents another room in the attic, with a sloping ceiling and exposed wooden beams. In the center, a bed is arranged with stacked mattresses, covered with a floral-patterned sheet. The floor is hexagonal tiled, with some pieces appearing worn. To the right, a skylight brings in natural light, while a corner of the room shows a wooden piece of furniture with drawers, suggesting storage space. A terracotta pot is also visible on the floor. The overall atmosphere of the room is simple, with minimalist decorative elements and an apparent need for renovation.
The image shows a kitchen in the attic, with a sloping ceiling and exposed wooden beams. On the left, a storage unit with doors is visible, while a refrigerator is placed next to it. A work surface is also present, with a sink and space for a small oven. An open skylight allows light to enter, illuminating the space. The floor is hexagonal tiled, with signs of wear. A corner of the room shows a shower, indicating that this space is multifunctional. The overall condition of the kitchen seems to require work, but it offers interesting potential for renovation.
This image presents another view of a bedroom in the attic, with a sloping ceiling and wooden beams. A bed is visible, covered with a colorful blanket, and is placed against the wall. A wooden wardrobe is also present, suggesting storage space. An open skylight lets in natural light, creating a bright atmosphere. The floor is covered with a geometric-patterned rug. The condition of the room seems to require renovation work, with signs of wear on the walls and floor. The space is simple and functional, but shows potential for improvement.

All tags

to renovate top floor without elevator co-ownership with caretaker Richer Street close to shops rental investment bedroom living room kitchen shower shared WC storage Paris 9 Saint Georges district housing with excessive energy consumption sale for sale purchase apartment apartment sale apartment for sale apartment purchase T3 F3 3 rooms 3-room apartment T3 apartment 1 bedroom 1-bedroom apartment 15m² 15 m² 15m2 less than 30m² 15m² apartment 15m² T3 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 75009 Paris 75009 department 75

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