T5 Apartment 96 m² for sale Paris 9 - €1,199,000, DPE D

The listed price for this apartment is €1,199,000, which corresponds to a price per m² of €12,489 (calculated from the listed price and the area of 96 m²). In the Paris market, the median price per m² for apartments in the 9th arrondissement is around €10,500 (source: DVF DGFiP, 2023). This property is therefore above the market median by about 19%. Over the last 12 months, prices in the 9th arrondissement have increased by about 5%, according to data from Notaires de France. This upward trend can be attributed to the growing demand for renovated properties in sought-after neighborhoods like Nouvelle Athènes.

For a purchase price of €1,199,000, notary fees are estimated between 7% and 8% for an old property, or approximately €83,930 to €95,920 (estimate based on current professional scales). The total acquisition cost would therefore range between €1,282,930 and €1,294,920.

For a 20-year loan at an average rate of 3.4% with a 10% down payment, the amount borrowed would be €1,079,100 (90% of the price). Monthly payments would be around €5,800 (calculated from the rate and duration). The gross rental yield, if the apartment is rented at €4,500 per month, would be 4.5% (calculated from the annual rent divided by the purchase price).

The apartment has a DPE rating of D with a consumption of 246 kWh/m²/year and a GES rating of B (9 kgCO2/m²/year). Annual energy costs are estimated between €2,160 and €2,970 (estimate based on declared characteristics). According to the Climate and Resilience Law, homes rated F or G can no longer be rented from 2025, which does not concern this apartment. To improve the DPE rating from D to C, energy renovation work is estimated between €15,000 and €25,000 (indicative range based on current professional scales). Assistance such as MaPrimeRénov' can be mobilized for this work.

The apartment is located in the Nouvelle Athènes neighborhood, close to the Saint-Georges metro station (line 12), about 300 meters away, providing quick access to the rest of Paris. The neighborhood is lively, with many shops, restaurants, and schools nearby. The neighborhood demographics show a median income of about €35,000 per year (source: INSEE, 2020). The quality of life is appreciated for its cosmopolitan atmosphere and green spaces, such as Square d'Anvers. Urban projects are underway, aiming to further improve the accessibility and attractiveness of the neighborhood.

The property is located in a low flood risk area (source: Géorisques). The PLU (Local Urban Plan) of Paris imposes certain constraints on renovations and building extensions. Mandatory diagnostics for sale, such as DPE, lead, and asbestos, must be provided by the seller. In case of rental, rent control applies, with a maximum rent of €4,500 per month in the 9th arrondissement (source: Paris prefecture, 2023).