T2 Apartment - 53.55m² - Paris (75011) — 2-room, 53.55 sqm, 1 bedroom
Real Estate Available

T2 Apartment 53.55 m² for sale Paris 11 - €514,900, DPE G

At a glance: 2-room · 53.55 sqm · 1 bedroom · floor 4

Brand: Guy Hoquet

€514,900

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by Guy Hoquet Paris 11 Voltaire

T2 Apartment - 53.55m² - Paris (75011)

The Guy Hoquet Voltaire agency offers for sale this charming 2-room apartment, providing an unobstructed and green view of the Père Lachaise cemetery. Located on the 4th and top floor of the building, it consists of a large bright living room, a fitted kitchen, a bedroom, a shower room, and a separate toilet. A cellar completes this property. A great opportunity for a custom renovation project!

Information

  • Type: REAL_ESTATE
  • Price: €514,900
  • Brand: Guy Hoquet
  • Availability: In stock

Characteristics

  • Floor: floor 4
  • Rooms: 2-room
  • Surface: 53.55 sqm
  • Bedrooms: 1 bedroom
  • Property Type: APARTMENT
  • Transaction Type: SALE
Energy
  • Dpe Class: G
  • Dpe Value: 521.5
  • Ges Class: C
  • Ges Value: 21
  • Is Exempt: No
  • Estimated Annual Cost Max: 2770
  • Estimated Annual Cost Min: 2040
Features (5)
  • top floor
  • basement
  • clear view
  • fitted kitchen
  • bright
Location
  • City: Paris
  • Postal Code: 75011

Metadata

Market and price analysis

Price per m² and market trend

The listed price of the apartment is €514,900 for a surface area of 53.55 m², which corresponds to a price per m² of €9,607/m² (calculated from the listed price and declared characteristics).

In the Paris market, the average price per m² in the 11th arrondissement is approximately €10,200/m² (source: Notaires de France, 2023). The apartment is therefore slightly below the sector median, which may represent an opportunity for buyers.

In terms of trend, prices in the 11th arrondissement have seen an increase of about 3% per year over the last 24 months (source: INSEE, 2023).

Financial simulations

Total acquisition cost

The total acquisition cost of the apartment includes the purchase price of €514,900 and notary fees estimated between 7% and 8% for an old property, approximately €36,043 to €41,192 (estimate based on current professional scales).

Adding these fees, the total acquisition cost would be between €550,943 and €556,092.

For a mortgage of €514,900 over 20 years at the current average rate of 3.4%, with a down payment of 10% (€51,490), the monthly payments would be approximately €2,900 (calculated from current interest rates and loan conditions).

Estimation of notary fees

The notary fees for the purchase of this apartment are estimated between €36,043 and €41,192, based on a rate of 7 to 8% applied to the purchase price.

Annual energy cost

With a DPE rated G, the annual energy cost is estimated between €2,040 and €2,770 (source: estimate based on DPE values).

Estimation of property tax

The property tax for an apartment in the 11th arrondissement is generally estimated at around €1,200 to €1,800 per year (estimate based on average public sector data).

Energy rating

DPE and energy consumption

The apartment has a DPE rating of G, with an energy consumption of 521.5 kWh/m²/year and a greenhouse gas emission of 21 kg CO2/m²/year.

According to the Climate & Resilience law, apartments rated G will no longer be able to be rented from 2025 (source: Building and Housing Code).

To improve the energy class, renovation work is necessary, with an estimated cost between €15,000 and €30,000 to reach at least class E (estimate based on current professional scales).

Financial aids such as MaPrimeRénov' can be mobilized, with amounts ranging from €1,500 to €7,000 depending on the work done.

Neighborhood

Accessibility and amenities

The apartment is located in the 11th arrondissement of Paris, near the Père Lachaise cemetery, a neighborhood known for its cultural life and amenities.

Public transport is easily accessible, with the Philippe Auguste metro station about 5 minutes on foot and several bus lines nearby.

The neighborhood offers a variety of shops, restaurants, and health services, contributing to a pleasant quality of life.

The neighborhood's demographics show a median income of about €30,000 per year per inhabitant, with a young and dynamic population (source: INSEE, 2023).

Risks and constraints

Natural risks and regulations

The property is located in an area where the flood risk is low (source: Géorisques). However, it is important to check for any easements and the PLU (Local Urban Plan) that could affect the future use of the property.

Regarding rent control, it is important to note that the 11th arrondissement is subject to rent ceilings, with a maximum rent of €24.50/m² for ongoing leases (source: Prefecture of Paris, 2023).

Mandatory diagnostics (asbestos, lead, etc.) must also be provided at the time of sale.

All tags

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Catchment areas

Paris 75011 Paris 75012 Paris 75020

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