T2 Apartment - 53m² - Paris 15 — 2-room, 53 sqm, 1 bedroom
Real Estate Available

T2 Apartment 53 m² for Sale Paris 15 - €524,000

At a glance: 2-room · 53 sqm · 1 bedroom · floor 11

Brand: Orpi L'Agence Félix Faure

€509,000

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by ORPI L'Agence Félix Faure

T2 Apartment - 53m² - Paris 15

2-room apartment with a surface area of 53 m², located on the 11th floor with elevator, offering an unobstructed view of the Eiffel Tower. In excellent condition, it includes an entrance with storage, a bright living room, a bedroom with storage, a separate fitted kitchen, a shower room, and separate toilets. Double glazing, quiet, and cellar included. Parking space available for an additional fee. Ideal for primary residence or investment.

Information

  • Type: REAL_ESTATE
  • Price: €509,000
  • Brand: Orpi L'Agence Félix Faure
  • Availability: In stock

Characteristics

  • Floor: floor 11
  • Rooms: 2-room
  • Surface: 53 sqm
  • Bedrooms: 1 bedroom
  • Property Type: APARTMENT
  • Transaction Type: SALE
Energy
  • Ges Class: D
Features (6)
  • elevator
  • basement
  • clear view
  • quiet
  • bright
  • excellent condition
Location
  • City: Paris
  • District: Lourmel
  • Postal Code: 75015

Metadata

Market and price analysis

Price per m² and positioning

The listed price of the apartment is €524,000 for a surface area of 53 m², which equates to a price per m² of €9,905.66.

Comparison with the Market

According to data from the DVF (Demand for Property Value) for the 15th arrondissement of Paris, the median price per m² for an old apartment is around €10,200 (source: DVF, consulted in 2023). The proposed apartment is therefore slightly below the market median, which could represent an advantage for potential buyers.

Price Trend

Over the last 12 months, apartment prices in the 15th arrondissement have seen a slight increase of 2.5% (source: Notaires de France, 2023). This trend suggests market stability, which is favorable for long-term investment.

Financial simulations

Total Acquisition Cost

The total acquisition cost of a property includes the purchase price, notary fees, and potentially other ancillary costs.

Notary Fees

For an old property, notary fees generally range from 7% to 8% of the purchase price. For this apartment, the notary fees are estimated at around €41,680 (calculated at 8% of €524,000).

Loan Simulation

Considering an average interest rate of 3.4% over 20 years and a down payment of 10% (i.e., €52,400), the borrowed amount would be €471,600. The monthly payments would be approximately €2,695 (calculated with a loan simulator). The total cost of the credit over 20 years would be around €645,000, including interest.

Rental Yield

If this apartment is considered as a rental investment, the gross rental yield can be estimated. Assuming a monthly rent of €1,800 (estimate based on observed rents in the neighborhood), the gross rental yield would be 4.1% (calculated as follows: (€1,800 * 12) / €524,000). After deducting charges and property tax, the net yield could be around 3.5%.

Energy rating

DPE Class and Consumption

The apartment is classified D in the DPE (Energy Performance Diagnosis). This indicates moderate energy consumption, with an estimated annual energy cost of around €1,200 (estimate based on sector averages for an apartment of this size and class).

Rental Bans

In accordance with the Climate and Resilience law, properties classified F or G can no longer be rented since 2023. This apartment, classified D, therefore complies with current requirements and will not be subject to short-term rental restrictions.

Renovation Aids

If energy renovation work is considered to improve the DPE class, several aids can be mobilized, such as MaPrimeRénov' and Energy Savings Certificates (CEE). The amounts of these aids can vary, but an indicative range could be from €3,000 to €10,000, depending on the scope of the work.

Neighborhood

Transport and Amenities

The apartment is located near several metro lines, including line 6 (Félix Faure station) about 5 minutes on foot. Additionally, several bus lines serve the neighborhood, facilitating access to the rest of Paris.

Amenities

The neighborhood offers a variety of shops, including supermarkets, bakeries, and restaurants, as well as reputable schools, making it a pleasant place to live for families.

Demographics and Quality of Life

The 15th arrondissement is known for its tranquility and quality of life. The population is mainly composed of families and young professionals, with a median income of around €30,000 per year (source: INSEE, 2021). The neighborhood also has several green spaces, contributing to a pleasant living environment.

Risks and constraints

Natural Risks

The 15th arrondissement is not significantly exposed to major natural risks. According to data from Géorisques, the risk of flooding is low, and seismicity is also moderate. However, it is advisable to check technical diagnostics to ensure there are no structural issues in the building.

Regulatory Context

The apartment is subject to current regulations regarding property diagnostics, including the DPE, state of risks and pollution (ERP), and lead diagnosis if applicable. It is essential to ensure that all these diagnostics are up to date before the sale.

All tags

elevator cellar clear view quiet bright excellent condition double glazing close to transport close to shops rental investment primary residence parking for an additional fee 11th floor Lecourbe Street Lourmel neighborhood Eiffel Tower sale for sale purchase apartment apartment sale apartment for sale apartment purchase T2 F2 2 rooms 2-room apartment T2 apartment 1 bedroom 1 bedroom apartment 53m² 53 m² 53m2 50 to 80m² 53m² apartment T2 53m² apartment Paris Paris apartment Paris apartment sale Paris apartment for sale Paris apartment purchase Paris sale Paris for sale Paris purchase T2 Paris 2 rooms Paris T2 apartment Paris 75015 Paris 75015 department 75

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ORPI L'Agence Félix Faure is an independent real estate agency, a member of the ORPI network, located at 7 avenue Félix Faure, 75015 Paris, France. It specializes in the sale, rental, and management of residential properties within the 15th arrondissement of…

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Paris 15eme Paris 7eme Paris 6eme Paris 14eme Paris 16eme Boulgone Billancourt Issy Les Moulineaux

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