T3 Apartment 48.78 m² for Sale in Vanves - €320,000, Energy Performance Certificate D

The listed price for this apartment is €320,000, which translates to a price per m² of €6,564 (calculated from the listed price and declared characteristics). Based on data from the DVF (Demand for Property Value), the median price per m² for apartments in Vanves is approximately €5,800 in 2023. This price is therefore 13% higher than the market median.

Over the last 12 months, apartment prices in Vanves have increased by about 5%, according to trends in the local real estate market. This trend is supported by the growing demand for housing in areas well-served by public transport, particularly the metro.

In summary, this apartment is positioned above the market, which can be justified by its features (elevator, garden, proximity to shops and the metro).

For a purchase price of €320,000, notary fees are estimated between €22,400 and €25,600 (approximately 7-8% for an older property). This brings the total acquisition cost to approximately €345,600 to €345,800.

Considering a mortgage over 20 years at the current average rate of 3.4% with a down payment of 10% (€32,000), the monthly payment would be around €1,800 (calculated according to current professional scales).

The gross rental yield, if this apartment is rented, would be 4.5% (estimate based on a monthly rent of €1,200). The net cash flow, after deducting estimated annual charges of €1,310 and property tax, could be positive, depending on rental conditions.

The apartment has a DPE class of D, with an energy consumption of 238 kWh/m²/year and a GHG emission of 49 kg CO2/m²/year. The annual energy costs are estimated between €920 and €1,310, depending on usage and applied rates.

In accordance with the Climate & Resilience law, properties classified as F and G can no longer be rented starting in 2025. This apartment, being classified as D, is not subject to this ban.

To improve the energy class, renovation work could be considered, with an estimated cost between €10,000 and €20,000, depending on the work to be done (insulation, boiler replacement, etc.). Assistance such as MaPrimeRénov' can be mobilized to reduce this cost.

The apartment is located in immediate proximity to the metro (line 13) and several bus lines, facilitating access to Paris and surrounding municipalities. The nearest metro station is about a 5-minute walk away.

The neighborhood offers a variety of shops, including supermarkets, bakeries, and restaurants, within a 10-minute walk. Schools and healthcare facilities are also accessible nearby, contributing to the quality of life in the area.

The neighborhood's demographics show a relatively young population, with a median income of around €30,000 per year, attracting families and young professionals. Urban projects are underway to further improve infrastructure and green spaces.

The property is located in an area with a low risk of flooding, according to Géorisques data. However, it is important to check for any easements and the Local Urban Planning Plan (PLU) that may affect the use of the property.

Regarding regulations, it is essential to be informed about rent control, which could apply in the context of renting this apartment. Currently, the maximum rent for a T3 in Vanves is around €1,200 per month, according to the applicable ceilings.

Mandatory diagnostics must be provided during the sale, including the Energy Performance Certificate (DPE), the state of risks and pollution, as well as asbestos if the building was constructed before 1997.