2-room apartment 50 m² for sale Cergy - €149,900

The listed price for this apartment is €149,900, which corresponds to a price per m² of €2,998 (calculated from the listed price and declared characteristics). Based on public data from the DVF, the median price per m² for an apartment in Cergy is about €3,200 (source: DVF DGFiP, consulted in 2023). This places this apartment below the market median, thus offering potential attractiveness for buyers. Over the last 12 months, apartment prices in Cergy have seen a slight decrease of 2% (source: Notaires de France, consulted in 2023).

The notary fees for this apartment, estimated at about 7% of the purchase price, would amount to approximately €10,493 (calculated based on the listed price). The total acquisition cost would therefore be €160,393.

For a 20-year loan at the current average rate of 3.4% with a down payment of 10% (€14,990), the monthly payment would be about €735 (simulation based on current professional rates).

If this apartment were rented, the monthly rent could be estimated at around €750 (estimate based on local market rents). This would give a gross rental yield of about 6% per year, which is attractive for an investor.

The DPE class of this apartment is D, indicating moderate energy consumption. The estimated annual energy cost for an apartment of this size and class is about €1,200 (estimate based on average public sector data).

According to the Climate & Resilience law, apartments classified as D are not subject to rental bans, but renovations may be necessary to improve the energy class. Available aids for renovation work include MaPrimeRénov' and Energy Savings Certificates (CEE), with amounts ranging from €1,500 to €10,000 depending on the work.

The apartment is located on Avenue de la Constellation, in immediate proximity to elementary schools, colleges, and high schools, making it attractive for families. The commercial area of Aren Ice is just a 5-minute walk away, offering various shops and services. In terms of transport, Cergy train station is about a 15-minute walk, with RER A lines serving Paris in about 40 minutes.

The neighborhood's demographics are characterized by a young and dynamic population, with a median income of about €2,300 per month (source: INSEE, 2023). The quality of life is generally considered good, with green spaces nearby and a low level of pollution.

The property is located in a low flood risk area according to Géorisques data. However, it is important to check the Local Urban Plan (PLU) to ensure that no restrictions apply to the property. Regarding rent regulations, there is no specific rent control in Cergy, but it is advisable to stay informed about legislative developments.

The mandatory diagnostics to be provided during the sale include the DPE, lead diagnosis, and termite diagnosis, which must be carried out by certified professionals.

Compared to other 2-room apartments in Cergy, this apartment is offered at a price below the market median, which is about €160,000 for similar properties (source: DVF DGFiP, 2023). The advantages of this apartment include its brightness, its location within a high-end residence, and the presence of a parking space. However, a disadvantage could be the D classification of the DPE, which may require renovation work to improve energy efficiency.