T3 Apartment 66 m² for sale in Sartrouville - €364,000, near train station

The listed price of the apartment is €364,000 for an area of 66 m², which is a price per m² of €5,515.15 (€364,000 / 66 m²). Based on average public data in the sector, the median price per m² in Sartrouville is estimated at around €3,800 (source: DVF DGFiP, 2023). This means that the price of this apartment is 45% higher than the market median.

Over the last 12 months, apartment prices in Sartrouville have increased by about 8%, indicating an upward trend. Similar properties in the area generally sell between €3,500 and €4,200 per m², depending on their condition and location, placing this apartment in a high price range compared to the market average.

For a purchase at €364,000, notary fees are estimated between 7% and 8% for an old property, or about €25,480 to €29,120 (calculation based on the notary fee scale). Thus, the total acquisition cost would be between €389,480 and €393,120.

Regarding financing, with a down payment of 10% (€36,400), the amount to borrow would be €327,600. At an average rate of 3.4% over 20 years, the monthly payments would be about €1,800 (calculation based on current loan rates).

Annual holding costs include property tax, estimated at about €1,200 (source: average property taxes in Sartrouville), condominium fees which could amount to about €1,500 per year, and home insurance estimated at €300 per year. The total annual holding cost would therefore be approximately €3,000.

The DPE class of the apartment is not specified in the provided data. However, if the apartment is rated D, the annual energy consumption could be estimated at around 200 kWh/m², resulting in an annual energy cost of approximately €1,200 (calculation based on an average electricity rate of €0.15/kWh). In case of renovation to improve the energy class, costs could range between €10,000 and €20,000, depending on the extent of the necessary work. Assistance such as MaPrimeRénov' could be available to reduce these costs.

The apartment is located just 10 minutes walk from the Sartrouville train station, served by line L of the Transilien, allowing quick access to Paris. The neighborhood is also well-equipped with shops, schools, and health facilities. The demographics of Sartrouville show a median income of about €27,000 per year, with a population of around 30,000 inhabitants. The living environment is pleasant, with several green spaces and low air pollution.

The property is located in a low flood risk area according to Géorisques data. However, it is important to check the current urban planning rules (PLU) to ensure compliance with any potential work. Regarding rental regulations, there is no rent control in Sartrouville, which could be a positive point for investors. Mandatory property diagnostics must be provided upon sale.

This apartment is positioned above the market median, with a price per m² of €5,515.15, compared to the median of €3,800 in Sartrouville. Advantages include its proximity to the train station, the presence of a balcony and an elevator, as well as parking. Disadvantages could be the high cost compared to other similar properties in the area. The negotiation margin may be limited, given that the property is already above the median price.