2-room apartment 40 m² for sale in Cergy - €149,500, Energy Performance Certificate not communicated

The listed price for this apartment is €149,500 for a surface area of 40.01 m², which gives a price per m² of approximately €3,733 (calculated from the listed price and declared characteristics). In the Cergy market, the median price per m² for similar apartments is estimated at €3,500 (source: DVF DGFiP, consulted in October 2023). This places this apartment above the market median, which may be explained by its location in a quiet residence close to amenities.

Over the last 12 months, apartment prices in Cergy have seen an increase of approximately 5% (source: INSEE, consulted in October 2023). This trend could indicate a growing interest in the city, particularly due to its accessibility to public transport and its infrastructure.

In summary, although this apartment is above the median, its location and characteristics may justify this price.

For a purchase at €149,500, notary fees are estimated between 7% and 8% for an old property, or approximately €10,465 to €11,960 (estimate based on current professional scales). This brings the total acquisition cost to approximately €159,965 to €161,460.

For a mortgage over 20 years at the current average rate of 3.4% with a 10% down payment (€14,950), the borrowed amount would be €134,550. The monthly payments would be approximately €782 (calculated from average interest rates and loan durations).

In terms of rental investment, if this apartment is rented at a monthly rent of €800, the gross rental yield would be 6.4% (calculated based on the purchase price). After deducting charges and property tax, the net yield could be around 5% (estimate based on average public data in the sector).

The Energy Performance Certificate (DPE) is not communicated for this apartment. Generally, for an apartment of this size, the annual energy cost can vary between €800 and €1,200 (estimate based on average public data in the sector).

Regarding renovations, if the DPE were classified as F or G, rental bans could apply from 2025 (source: Climate & Resilience law, article 1). Assistance such as MaPrimeRénov' or eco-PTZ could be mobilized for energy renovation work, with amounts ranging from €1,000 to €20,000 depending on the work done (indicative range based on current professional scales).

The apartment is located in Cergy, which benefits from good public transport connections, particularly with the RER line A nearby (Cergy-Préfecture station about 15 minutes on foot). This line allows access to Paris in about 30 minutes.

Cergy also offers many local shops, schools, and health services. The city's population is growing, with a median income of around €24,000 per year (source: INSEE, consulted in October 2023). The quality of life is generally appreciated, with green spaces and sports facilities.

Urban projects are underway to further improve the city's attractiveness, including the development of pedestrian areas and public spaces.

Cergy is located in a flood risk area, according to Géorisques data. It is recommended to check technical diagnostics to ensure there are no issues related to moisture or flooding.

The Local Urban Plan (PLU) of Cergy should also be consulted to know the current construction and urban planning rules. Regarding rentals, rent control may apply, with ceilings to be respected according to local regulations.

Mandatory diagnostics (asbestos, lead, etc.) must be provided by the seller, and it is advisable to request information on any easements that could affect the property.

This apartment is positioned above the market median in Cergy, where the average price for similar properties is €3,500 per m². The advantages of this apartment include its location in a quiet residence, the presence of a loggia, parking, and a cellar. However, the absence of a communicated DPE could be a point of concern for buyers concerned about energy efficiency.

The negotiation margin could be limited, given that the property is already above the median. However, factors such as the overall condition of the property and its rental potential may justify the asking price.