2-room apartment for sale in Bois-Colombes - €215,000, DPE D

The price of the apartment is €215,000 for an area of 26.75 m², which gives a price per m² of €8,020.66 (calculated from the displayed price and declared characteristics). This price is higher than the market median for Bois-Colombes, which is around €6,500 per m² according to DVF (Données de Valeur Foncière) data from 2022. Over the last 12 months, prices in Bois-Colombes have increased by about 5%, indicating an upward trend in this sector. In comparison, the price trend in Asnières-sur-Seine is slightly lower, with a median of €6,200 per m². The apartment is therefore positioned at the high end of the price range for similar properties in the area.

This property is located in a 1930s building, which can be an asset for buyers looking for character. The proximity to the Bois-Colombes train station and the shops on Rue des Bourguignons enhances the appeal of this apartment. However, the fact that it is being sold rented may limit its attractiveness for first-time buyers who wish to live there themselves.

For a purchase price of €215,000, notary fees are estimated between 7% and 8% in the old market, which is approximately €15,050 to €17,200 (estimate based on current professional scales). The total acquisition cost would therefore be between €230,050 and €232,200.

With a down payment of 10% (€21,500), the amount to be financed would be €193,500. At the current average rate of 3.4% over 20 years, the monthly payment would be approximately €1,115 (calculation based on an amortizable loan). The total cost of the loan would be approximately €267,600, including interest.

The apartment is sold rented with a rent of €978.54 including charges per month, which gives a gross rental yield of 5.45% (calculated based on the annual rent of €11,742.48 divided by the purchase price of €215,000). After deducting charges (€74), the net yield would be approximately 5.14%.

The annual charges are €888 (€74 x 12), and the property tax is estimated at around €800 (estimate based on industry averages). The total annual holding cost would therefore be approximately €1,688.

The apartment has a DPE class of D, which indicates an energy consumption between 151 and 230 kWh/m²/year. The estimated annual energy cost would be around €1,200 (estimate based on average energy prices in France).

According to the Climate & Resilience law, homes rated F or G can no longer be rented starting in 2025. The apartment, rated D, will not be affected by these restrictions.

To improve the DPE rating, aids such as MaPrimeRénov' and the Energy Savings Certificates (CEE) can be mobilized. The amounts vary, but can range from €1,500 to €5,000 depending on the planned work (indicative range based on current professional scales).

The apartment is located 9 minutes on foot from the Les Agnettes metro station (future Grand Paris station) and 10 minutes from the Bois-Colombes train station (Transilien line J). These transport infrastructures facilitate travel to Paris and the surrounding areas.

The neighborhood offers easy access to the shops on Bourguignons Street, including supermarkets, bakeries, and restaurants. The proximity to schools and health services enhances the area's appeal for families.

Bois-Colombes is a dynamic municipality with a median income of around €28,000 per year (source: INSEE, 2021). The quality of life is generally considered good, with green spaces and a family-friendly atmosphere. However, noise related to the proximity of the railway tracks can be a point of concern.

According to data from Géorisques, the municipality of Bois-Colombes is exposed to moderate flood risks. It is advisable to consult the Risk Prevention Plan (PPR) for more details.

Energy performance diagnostics (DPE) and the state of natural and technological risks (ERNMT) are mandatory for sale. The buyer must ensure that these documents are up to date.

The buyer should ask questions about the rental history of the apartment, the condominium fees, recent work done in the building, as well as the management of the current rental.