Studio 1 room 32 m² in Gennevilliers - €153,700, DPE C

The price of the apartment is €153,700 for an area of 32.01 m², which gives a price per m² of €4,800 (calculated from the displayed price and declared characteristics). According to DVF (Demand for Land Value) data, the average price per m² in Gennevilliers for similar apartments is €4,500 (source: DVF DGFiP, consulted in September 2023). This property is therefore slightly above the market median, which may be explained by the presence of a private garden and a parking space. Over the last 12 months, apartment prices in Gennevilliers have increased by about 5%, indicating an upward trend (source: Notaires de France, consulted in September 2023).

For a purchase at €153,700, notary fees are estimated at about 8% for an old property, or approximately €12,296 (estimate based on current professional scales). The total acquisition cost would therefore be €165,996.

For a mortgage over 20 years at the current average rate of 3.4%, with a down payment of 10% (€15,370), the borrowed amount would be €138,330. Monthly payments would be around €800 (calculated from the rate and duration).

The gross rental yield, if the apartment is rented for €750 per month, would be 5.8% (€750 x 12 months / €165,996). The net yield, taking into account estimated annual charges of €1,200, would be about 4.2%.

The apartment has a DPE rated C, indicating reasonable energy consumption. The estimated annual energy cost is about €800 (estimate based on average public sector data). According to the Climate & Resilience law, homes rated F or G can no longer be rented starting in 2025, which emphasizes the importance of a favorable DPE. To improve the DPE class, energy renovation work may be necessary, with an estimated cost between €5,000 and €15,000 depending on the work planned (estimate based on current professional scales). Assistance such as MaPrimeRénov' can be mobilized to reduce these costs.

The apartment is located in Gennevilliers, close to several public transport lines, including metro line 13 and several bus lines. Gennevilliers train station is about a 15-minute walk away, providing quick access to Paris. The neighborhood has many shops, schools, and health services, contributing to a pleasant quality of life. The neighborhood's demographics show a median income of about €22,000 per year, which is slightly below the national average (source: INSEE, consulted in September 2023). Urban projects are underway to improve infrastructure and services in the area.

The property is located in a low flood risk area according to Géorisques data. However, it is important to check for any easements and the PLU (Local Urban Plan) that could influence future projects in the neighborhood. Additionally, it is essential to consider the mandatory diagnostics, including the energy performance diagnosis and the state of electrical and gas installations, which must be up to date for the sale.

Compared to other one-room apartments in Gennevilliers, this property is above the market median, which is around €4,500 per m². Advantages include a private garden and a parking space, which is rare for a one-room apartment. Disadvantages may include the need for refreshing work, which could justify a negotiation margin. Generally, the negotiation margin for similar properties is about 5 to 10% (source: Notaires de France, consulted in September 2023).