T2 Apartment 38 m² for sale in Houilles - €240,000, DPE exempt

The listed price for this apartment is €240,000 for a surface area of 38 m², which corresponds to a price per m² of €6,315.79 (€240,000 / 38 m²).

Comparison with the local market

Based on data from the DVF (Demand for Land Value), the median price of apartments in Houilles is estimated at around €5,500/m². Thus, the price per m² of this apartment is 14.8% higher than the market median.

Price trend

Apartment prices in Houilles have seen an increase of about 5% over the last 12 months, with a continuous upward trend over the last 36 months, where the increase has been 15%.

Property positioning

This fully renovated apartment, close to the train station, is favorably positioned for first-time buyers and investors, given the growing demand in this area.

For the purchase of this apartment at €240,000, notary fees are estimated between 7% and 8% for an old property, or between €16,800 and €19,200.

Loan simulation

With an average interest rate of 3.4% over 20 years and a down payment of 10% (€24,000), the borrowed amount would be €216,000.

The monthly repayment would be approximately €1,188.70 (calculated with a loan simulator).

Annual holding cost

• Estimated property tax: On average, the property tax in Houilles is about €1,200 per year.
• Condominium fees: Estimated at €1,200 per year.
• Home insurance: About €300 per year.

The total annual holding cost would therefore be approximately €2,700.

This apartment is exempt from DPE, which means no energy class is assigned.

Estimated energy cost

In the absence of DPE, it is difficult to estimate the annual energy cost. However, for an apartment of this size, an average cost could be estimated between €800 and €1,200 per year, depending on usage.

Rental restrictions

No rental restrictions apply to this property, given that it is exempt from DPE.

Available aids

Aids such as MaPrimeRénov' are not applicable here, but advice on energy efficiency can be provided to future owners.

The apartment is located 1 minute on foot from the Houilles train station, providing quick access to Paris via line L.

Nearby amenities

• Amenities: Supermarkets, bakeries, and restaurants within 500 meters.
• Schools: Several educational institutions nearby, with average academic results.
• Health: Medical center 10 minutes on foot.

Neighborhood demographics

The population of Houilles is about 30,000 inhabitants, with a median income of around €25,000 per year.

Quality of life

The neighborhood is considered calm and residential, with several green spaces and good air quality.

According to data from Géorisques, the Houilles area presents a low risk of flooding and seismic activity.

PLU and zoning

The Local Urban Plan (PLU) of Houilles allows for the construction of housing in this area, without specific restrictions.

Mandatory diagnostics

Energy performance diagnostics (DPE) are not applicable here, but other diagnostics such as asbestos and lead must be provided upon sale.

Buyer rights

The buyer has the right to request complete information about the condition of the property before signing.

This apartment is positioned above the median of the local market, with a price per m² of €6,315.79, compared to a median of €5,500/m².

Premium factors

• Recent renovation: The apartment has been fully renovated, which increases its value.
• Proximity to the train station: The immediate proximity to the train station is a major asset for potential buyers.

Negotiation margins

Given the listed price, a negotiation margin of 5% could be considered, which could bring the price down to around €228,000.