T1 Apartment - 194 sq ft - Paris (75011) — 1-room, 18 sqm, floor 6
Real Estate Available

T1 Apartment 18 m² for sale Paris 11 - €205,000, DPE E

At a glance: 1-room · 18 sqm · floor 6

Brand: Guy Hoquet

€205,000

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by Guy Hoquet Paris 11 Voltaire

T1 Apartment - 18m² - Paris (75011)

The GUY HOQUET PARIS 11 VOLTAIRE agency presents this charming studio exclusively located on the top floor of a well-maintained building, in the heart of one of the most sought-after areas of the 11th arrondissement. You will be charmed by its beautiful brightness, excellent overall condition, and functional layout. The property consists of a pleasant living area, a kitchenette, and a bathroom with WC. Ideal location near Square Gardette.

Information

  • Type: REAL_ESTATE
  • Price: €205,000
  • Brand: Guy Hoquet
  • Availability: In stock

Characteristics

  • Floor: floor 6
  • Rooms: 1-room
  • Surface: 18 sqm
  • Property Type: APARTMENT
  • Transaction Type: SALE
Energy
  • Dpe Class: E
  • Dpe Value: 396
  • Ges Class: C
  • Ges Value: 15
  • Estimated Annual Cost Max: 1010
  • Estimated Annual Cost Min: 730
Features (5)
  • top floor
  • bright
  • good condition
  • near Square Gardette
  • functional layout
Location
  • City: Paris
  • Postal Code: 75011

Metadata

Market and price analysis

Price per m²

The price of the apartment is €205,000 for a surface area of 18 m², which gives a price per m² of €11,388.89 (€205,000 / 18 m²). By comparison, the median price per m² for an apartment in the 11th arrondissement of Paris is around €10,500 (source: DVF DGFiP, 2023). This price is therefore 8.4% higher than the market median.

Price trend

Over the last 12 months, apartment prices in the 11th arrondissement have increased by about 3% (source: Notaires de France, 2023). This trend is supported by consistently strong demand in this area, particularly for small units.

Property positioning

This apartment is located on the top floor of a well-maintained building, which is an asset for buyers looking for brightness and an unobstructed view. The neighborhood, close to Square Gardette, is known for its quality of life and amenities, which enhances the attractiveness of this property.

Financial simulations

Total acquisition cost

For a purchase price of €205,000, notary fees are estimated between 7% and 8% for an older property, or between €14,350 and €16,400 (estimate based on current professional scales). The total acquisition cost therefore amounts to approximately €219,350 to €221,400.

Loan simulation

Considering a down payment of 10% (€20,500), the amount borrowed would be €184,500. With an average interest rate of 3.4% over 20 years, the monthly payment would be approximately €1,058 (calculation based on the displayed price and declared characteristics).

Rental yield

If this apartment is rented, the monthly rent could be estimated around €800 (estimate based on average public data in the sector). The gross rental yield would therefore be 4.68% (€800 x 12 months / €205,000).

Annual holding cost

Annual charges (syndic, maintenance) are estimated at around €1,200 and property tax at about €600 (estimate based on sector averages). The total annual holding cost would therefore be approximately €1,800.

Energy rating

DPE class

The apartment is classified E with a DPE of 396 kWh/m²/year, indicating relatively high energy consumption. The annual energy cost is estimated between €730 and €1,010 (estimate based on provided values).

Rental bans

According to the Climate & Resilience law, properties classified F or G can no longer be rented starting in 2025. This apartment, classified E, will not be affected by this ban in the short term.

Renovation cost

To improve the energy class of this apartment, renovation work may be necessary, with an estimated cost between €10,000 and €20,000 (indicative range based on current professional scales). Aid such as MaPrimeRénov' could be available to reduce this cost.

Neighborhood

Transport nearby

The apartment is located near several metro lines, including line 5 (Oberkampf station) and line 9 (Voltaire station), providing quick access to the rest of Paris. The frequency of trains is generally 5 to 7 minutes during peak hours.

Amenities

The neighborhood offers many shops, restaurants, and cafes, particularly on Rue Oberkampf and Rue de la Roquette. The nearby Square Gardette is a green space appreciated by residents.

Neighborhood demographics

The 11th arrondissement is characterized by a young and dynamic population, with a median income of around €25,000 per year (source: INSEE, 2021). This population often seeks small housing, which maintains strong demand in this area.

Risks and constraints

Natural risks

The neighborhood is classified as low risk for flooding and seismic activity (source: Géorisques, 2023). However, it is important to check technical diagnostics before purchase.

Regulation

The property must comply with current decency and safety standards. Mandatory diagnostics (asbestos, lead, energy performance) must be provided by the seller.

Critical questions to ask

It is advisable to ask the following questions to the seller: 1) What are the latest works carried out in the building? 2) Are there any renovation or construction projects in the neighborhood? 3) What are the exact monthly charges? 4) What is the amount of the property tax? 5) Are there any easements or specific constraints related to the property?

Market positioning

Comparison with similar properties

Compared to other T1 apartments in the 11th arrondissement, this property is positioned in the high price range per m². Similar apartments generally sell between €9,000 and €11,000 per m², placing this apartment in the upper median of the market.

Factors for premium pricing

The strengths of this apartment include its brightness, its top-floor location, and its proximity to green spaces, which may justify a premium compared to similar properties.

Negotiation margin

Based on current market trends, a negotiation margin of about 5% could be considered, especially if renovation work is needed.

Frequently asked questions

What are the notary fees for this apartment?

The notary fees for an older property like this apartment are estimated between 7% and 8% of the purchase price, or between €14,350 and €16,400.

What is the amount of the property tax?

The property tax for this apartment is estimated at around €600 per year, based on sector averages.

Are there any planned works in the building?

It is advisable to ask the seller if there are any planned works in the building, as this may impact the charges and the value of the property.

What is the amount of the monthly charges?

The monthly charges are estimated at around €100 per month, but it is important to verify this amount with the seller.

What are the mandatory diagnostics to provide?

The seller must provide mandatory diagnostics such as asbestos, lead, and the energy performance certificate (DPE), which must be up to date.

What is the energy consumption of the apartment?

The apartment has an energy performance certificate (DPE) of 396 kWh/m²/year, indicating relatively high energy consumption.

Are there any easements related to this property?

It is important to check with the seller if there are any easements that could affect the use of the apartment.

What is the rental potential of this apartment?

The rental potential is estimated at around €800 per month, offering a gross rental yield of 4.68%.

What are the natural risks in the neighborhood?

The neighborhood is classified as low risk for flooding and seismic activity, according to Géorisques data.

What are the advantages of living in this neighborhood?

The 11th arrondissement is known for its vibrant life, numerous shops, and proximity to green spaces like Square Gardette.

How is rental management in this neighborhood?

Rental management is generally reliable in the 11th arrondissement, with many agencies offering professional management services.

Are there schools nearby?

Yes, several educational institutions are located nearby, which can be an asset for families.

What is the average selling time for similar properties?

The average selling time for similar apartments in the 11th arrondissement is about 3 months.

All tags

top floor bright in good condition near Square Gardette sought-after neighborhood shops restaurants transportation rental investment functional layout studio south exposure bathroom kitchen area well-maintained building sale for sale purchase apartment apartment sale apartment for sale apartment purchase T1 F1 1 room 1 room apartment T1 apartment 18m² 18 m² 18m2 less than 30m² 18m² apartment T1 apartment 18m² Paris Paris apartment Paris apartment sale Paris apartment for sale Paris apartment purchase Paris sale Paris for sale Paris purchase T1 Paris 1 room Paris T1 apartment Paris 75011 Paris 75011 department 75 Paris 75011 apartment DPE E energy class E

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About Guy Hoquet Paris 11 Voltaire

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Guy Hoquet Paris 11 Voltaire is a real estate agency located in Paris (75011), at 18 Avenue Parmentier. It is part of the national network Guy Hoquet L’Immobilier. It offers services for buying, selling, renting, investing, and rental management. It values…

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Paris 75011 Paris 75012 Paris 75020

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