T3 Apartment 66 m² for sale Paris 13 - €599,000, DPE E

The price of the apartment is €599,000 for a surface area of 66 m², which gives a price per m² of €9,065.15 (calculated from the displayed price and declared characteristics). On the Paris market, the average price per m² for an apartment in the 13th arrondissement is around €8,500 (source: Notaires de France, 2023). Thus, this apartment is above the sector median by 6.7%.

Price Trends

Over the last 12 months, the real estate market in the 13th arrondissement has seen an increase of 3.5% (source: DVF DGFiP, 2023). This trend could be influenced by the proximity of metro line 6 and urban development projects in the area.

Advantages and Disadvantages

Advantages:

• Southwest exposure, ensuring good brightness.
• High-quality building with an elevator.
• Proximity to Square René Le Gall, a valued green space.

Disadvantages:

• DPE rated E, which may require energy renovation work in the short term.

For a purchase price of €599,000, notary fees are estimated at around 7.5% for older properties, or about €44,925 (estimate based on current professional scales). The total acquisition cost would therefore be €643,925.

Loan Simulation

With a down payment of 10% (€59,900), the borrowed amount would be €539,100. At the current average rate of 3.4% over 20 years, the monthly payment would be approximately €2,900 (calculated from market rates).

Rental Yield

If this apartment is rented, the average rent in the area is around €1,800 per month, which would give a gross rental yield of 3.6% (calculated from observed rents in the neighborhood). The net cash flow after deducting annual charges of €2,987 would be about €1,500 per year.

The apartment has a DPE rated E with an energy consumption of 312 kWh/m²/year and a GES rated E (54 kg CO2/m²/year). The annual energy cost is estimated between €1,570 and €2,170 (estimate based on average public data in the sector).

Rental Bans

According to the Climate & Resilience law, homes rated F or G can no longer be rented starting in 2025. This apartment will not be affected by this ban, but renovation work may be necessary to improve its energy performance.

Available Assistance

Assistance such as MaPrimeRénov' and Energy Savings Certificates (CEE) can be mobilized to finance energy improvement work, with amounts ranging from €1,500 to €5,000 depending on the nature of the work.

The apartment is located in the Corvisart neighborhood, near Square René Le Gall. Public transport is easily accessible, with the Corvisart metro station (line 6) about a 5-minute walk away and several bus lines nearby.

Amenities

The neighborhood offers many shops, restaurants, and local services. Public and private schools are also well represented, making it an attractive area for families.

Demographics and quality of life

The population of the 13th arrondissement is about 190,000 inhabitants, with a median income of around €24,000 per year (source: INSEE, 2021). The quality of life is generally good, with green spaces and a pleasant neighborhood atmosphere.

The Corvisart neighborhood is classified as a low seismic zone, which reduces the risks associated with earthquakes. However, it is important to check for flood risks, especially in areas close to the Seine.

PLU and zoning

The Local Urban Plan (PLU) of the 13th arrondissement imposes strict rules regarding construction and renovations. It is advisable to consult the PLU for any work project.

Mandatory diagnostics

All property diagnostics (DPE, lead, asbestos) must be provided at the time of sale. Ensure that these documents are up to date and comply with legal requirements.