T2 Apartment - 40m² - Pantin — 2-room, 40 sqm, 1 bedroom
Real Estate Available

T2 Apartment 40 m² for sale Pantin - €235,000, DPE F

At a glance: 2-room · 40 sqm · 1 bedroom · floor 3

Brand: Guy Hoquet PARIS 11 VOLTAIRE

€235,000

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by Guy Hoquet Paris 11 Voltaire

T2 Apartment - 40m² - Pantin

This 2-room apartment is located on the top floor of an old building from 1900 in Pantin. With a Carrez surface area of 31 m² (approximately 40 m² on the ground with the attic), it includes a bright living room, a quiet bedroom overlooking the courtyard, a semi-open kitchen, and convertible attic space. The property is in good general condition and benefits from double-glazed windows and individual electric heating. Ideal for a first purchase or an investment.

Information

  • Type: REAL_ESTATE
  • Price: 235000€
  • Brand: Guy Hoquet PARIS 11 VOLTAIRE
  • Availability: In stock

Characteristics

  • Floor: floor 3
  • Rooms: 2-room
  • Surface: 40 sqm
  • Bedrooms: 1 bedroom
  • Year Built: 1900
  • Property Type: APARTMENT
  • Transaction Type: SALE
Energy
  • Dpe Class: F
  • Dpe Value: 348.2
  • Ges Class: C
  • Ges Value: 13
  • Is Exempt: No
  • Estimated Annual Cost Max: 1410
  • Estimated Annual Cost Min: 1030
Features (5)
  • top floor
  • convertible attics
  • cellar
  • double glazing
  • individual electric heating
Location
  • City: Pantin
  • Postal Code: 93500

Metadata

Market and price analysis

Price per m² and market trend

The listed price for this apartment is €235,000, which translates to a price per m² of €5,875 (calculated from the listed price and the area of 40 m²). For comparison, the median price of apartments in the Pantin area is around €4,500 per m², placing this apartment above the market median. Over the last 12 months, prices in the area have increased by about 5%, indicating an upward trend.

Property positioning:

  • Advantages: Bright apartment, quiet, located on the top floor, with convertible attic space.
  • Disadvantages: DPE rated F, which may affect long-term valuation and energy consumption.

Financial simulations

Total acquisition cost

For a purchase at €235,000, notary fees are estimated between 7% and 8% for an old property, which is approximately €16,450 to €18,800. The total acquisition cost would therefore be between €251,450 and €253,800.

Loan simulation:

  • Amount borrowed: €211,500 (10% down payment of €23,500)
  • Interest rate: 3.4% over 20 years
  • Estimated monthly payment: €1,155
  • Total cost of credit: €276,000 (interest included).

Rental yield: If this apartment is rented at €1,200 per month, the gross rental yield would be 6.1% (calculated on the purchase price). After deducting charges and property tax, the net yield could be estimated at around 5%.

Energy rating

DPE and energy cost

The Energy Performance Diagnosis (DPE) of this apartment is rated F, with an energy consumption of 348.2 kWh/m²/year. The annual energy cost is estimated between €1,030 and €1,410 depending on usage.

Rental bans: According to the Climate & Resilience law, properties rated F or G will no longer be able to be rented starting in 2025. This represents a potential risk for rental investment.

Renovation cost: To improve the energy class, renovation work may be necessary, with an estimated cost between €15,000 and €30,000, depending on the extent of the work. Assistance such as MaPrimeRénov' may be available.

Neighborhood

Transport and amenities

The apartment is located in immediate proximity to public transport, notably metro line 5 (station 10 minutes on foot) and several bus lines.

Amenities: The neighborhood offers numerous local shops, schools, and health services. The demographics of Pantin show a young population, with a median income of around €1,800 per month.

Quality of life: The neighborhood is developing, with ongoing urban projects aimed at improving infrastructure and green spaces. Noise pollution is low, contributing to a pleasant living environment.

Risks and constraints

Identified risks

The main risks associated with this apartment include:

  • Energy risk: DPE F, which could limit the ability to rent the property in the future.
  • Market risk: The upward trend in prices could reverse, affecting the property's valuation.
  • Regulation: New energy laws impose renovation obligations, which could incur additional costs for the owner.

Critical questions to ask the seller:

  1. What are the monthly condominium fees?
  2. Are there any planned renovation projects in the building?
  3. What is the current rental situation of the apartment?
  4. What technical diagnostics are available?

All tags

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