T1 Apartment 18.04 m² for Sale in Vanves - €168,000, DPE D

The price of the apartment is €168,000 for an area of 18.04 m², which translates to a price per m² of €9,295.63 (calculated from the displayed price and declared characteristics). In the Vanves market, the median price per m² for similar apartments is around €8,500 (source: DVF DGFiP, consulted in October 2023). This places this apartment above the median of the Vanves market, which can be justified by its location close to the metro and its features (terrace, secure residence).

In terms of trend, apartment prices in Vanves have increased by about 4% over the last 12 months, according to data from INSEE. This trend could continue due to the growing demand in the Paris region.

For a purchase at €168,000, notary fees are estimated between 7% and 8% for an older property, or approximately €11,760 to €13,440 (indicative range based on current professional scales). This brings the total acquisition cost to approximately €179,760 to €181,440.

For a mortgage at an average rate of 3.4% over 20 years with a 10% down payment (€16,800), the amount borrowed would be €151,200. The monthly payments would be around €866 (calculated based on current interest rates and standard loan conditions).

In terms of rental yield, if the property is rented for €800 per month, this represents a gross yield of 5.71% (calculated from the annual rent divided by the purchase price). After deducting charges and property tax, the net yield could be around 4.5%.

The Energy Performance Certificate of the apartment is rated D, with an energy consumption of 240 kWh/m²/year and greenhouse gas emissions of 52 kg CO2/m²/year. The annual energy cost is estimated between €250 and €340 (estimate based on average public sector data).

According to the Climate & Resilience law, apartments rated D are not subject to rental bans, but renovation work may be necessary to improve the energy class. The available aids for renovation work include MaPrimeRénov' and CEE, with amounts varying depending on the type of work.

The apartment is located in immediate proximity to metro line 13, facilitating access to Paris. The nearest metro stations are less than a 5-minute walk away.

In terms of amenities, the Vanves neighborhood offers numerous shops, restaurants, and health services. The demographics of Vanves show a median income of approximately €30,000 per year, with a population of 28,000 inhabitants (source: INSEE, 2021). The quality of life is generally considered good, with green spaces and low pollution.

Vanves is located in an area with low flood and seismic risk (source: Géorisques). However, it is important to check the easements and the PLU (Local Urban Planning) in force, which may affect renovation or extension projects.

Regarding regulations, it is essential to take into account the mandatory diagnostics, notably the DPE, and to ensure that the property complies with safety and health standards. The buyer's rights include a withdrawal period of 10 days after signing the sales agreement.