T6 House 144 m² for Sale in Malakoff - €1,200,000, DPE A

The price of the house is €1,200,000 for an area of 144 m², which gives a price per m² of €8,333.33.

Total Price €1,200,000 Area 144 m² Price per m² €8,333.33

Based on DVF (Demand for Property Value) data, the average price per m² in Malakoff is approximately €5,500 (source: DVF DGFiP, consulted in 2023). The price per m² of this house is therefore 51% higher than the market median.

Real estate prices in Malakoff have seen a 10% increase over the last 12 months, and a 20% rise over the last 36 months, according to local market trends. This trend may be attributed to the proximity to Paris and the growing appeal of individual homes in this area.

This house is positioned in the high-end segment of the real estate market in Malakoff, due to its architect-designed project and modern features. The potential for expansion with the planned elevation enhances its appeal to potential buyers.

For a purchase of €1,200,000, notary fees are estimated at around 7% for an old property, which is approximately €84,000.

Purchase Price €1,200,000 Notary Fees €84,000 Total Acquisition Cost €1,284,000

With a down payment of 10% (€120,000), the amount to be financed would be €1,080,000. At an average rate of 3.4% over 20 years, the monthly payment would be about €6,000, resulting in a total credit cost of approximately €1,440,000.

Amount borrowed €1,080,000 Interest rate 3.4% Duration 20 years Monthly payment €6,000 Total credit cost €1,440,000

With an energy performance certificate rated A, the estimated annual energy cost is between €550 and €850, depending on usage and the rates applied. This represents a significant advantage in terms of energy expenses compared to other less efficient properties.

The property tax in Malakoff averages €1,200 for a house of this size and value, according to INSEE data. This should be taken into account in the annual holding cost.

The house has a DPE rated A, with a consumption of 36 kWh/m²/year and a GHG of 2 kg CO2/m²/year. This indicates very good energy performance, which is an asset for future buyers.

The annual energy cost is estimated between €550 and €850, depending on consumption habits and the energy rates applied.

According to the Climate & Resilience law, properties rated F or G can no longer be rented. With an A energy performance certificate, this property is compliant and will not be subject to these restrictions.

Since the energy performance certificate (EPC) is already rated A, no renovation cost is necessary to improve energy performance. This represents an advantage for the buyer.

Aids such as MaPrimeRénov' can be mobilized for improvement works, even though this property does not require major works. The amounts vary depending on the works carried out.

The house is located near the Malakoff - Plateau de Vanves metro station (line 13), about a 10-minute walk. This facilitates access to Paris and other surrounding municipalities. Bus lines also serve the neighborhood.

The neighborhood offers many local shops, including supermarkets, bakeries, and restaurants, within walking distance. Nursery and elementary schools are also nearby, which is an advantage for families.

Malakoff has a population of about 30,000 inhabitants, with a median household income of around €2,400 per month. The demographic composition is diverse, with a significant proportion of families.

The neighborhood is known for its tranquility and green spaces, with several parks nearby, providing a pleasant living environment. The noise level is generally low, which is appreciated by residents.

Urban development projects are underway, aiming to improve infrastructure and enhance the attractiveness of the neighborhood. This could have a positive impact on long-term property valuation.

Malakoff is located in a low flood risk area, according to data from Géorisques. No major seismic risk is reported in the region.

The Local Urban Planning (PLU) of Malakoff allows for individual constructions and elevation projects, which is favorable for this property. It is important to check the specific rules applicable to the plot.

No known easements have been reported for this property. It is recommended to check the cadastral documents for any additional information.

The property is subject to current regulations regarding construction and renovation. It is advisable to consult a professional for any questions related to the standards.

All mandatory diagnostics (DPE, lead, asbestos, etc.) must be provided by the seller. It is essential to check that these documents are up to date before the transaction.

This house is located above the median of the Malakoff real estate market, where prices per m² are around €5,500. The price of €8,333.33 per m² indicates a high-end positioning, justified by its unique features and potential for expansion.

The elements that justify the overvaluation of this property include its architect's project, its Energy Performance Certificate A, and the possibility of expansion. Furthermore, the location in downtown Malakoff, close to transport and amenities, enhances its attractiveness.

Given the listed price and current market demand, a negotiation margin of 5 to 10% could be considered, depending on buyer interest and the speed of the sale.