3-Room Apartment for Sale in Boulogne-Billancourt - €498,750, 69 m²

The listed price for this apartment is €498,750, which translates to a price per m² of €7,196 (calculated from the listed price and declared characteristics). According to data from the DVF (Demand for Land Value), the median price per m² for apartments in Boulogne-Billancourt is approximately €5,800 (source: DVF DGFiP, consulted in 2023). This property is therefore positioned above the market median, which can be justified by its location, size, and layout. Over the last 36 months, apartment prices in Boulogne-Billancourt have increased by about 10%, with a continuous upward trend, particularly in the Jean Jaurès – Pont de Billancourt sector, which is sought after for its proximity to Paris and its amenities. Estimate based on average public data from the sector.

For a purchase at €498,750, notary fees are estimated between 7% and 8% for an old property, which is approximately €34,912 to €39,900 (indicative range based on current professional scales). The total acquisition cost would therefore be around €533,662 to €538,650.

Regarding financing, with a contribution of 10% (€49,875), the amount to be financed would be €448,875. At an average interest rate of 3.4% over 20 years, the monthly payment would be approximately €2,500 (calculated from the borrowed amount and the interest rate). The total cost of the loan over 20 years would be around €600,000.

If this apartment is intended for rental investment, the gross rental yield could be estimated at 4% (approximately €19,950 in annual rent), while the net yield, after deducting charges (approximately 20% of rents), would be around 3.2%.

The EPC (Energy Performance Certificate) is not specified in the apartment description. However, it is essential to ask the seller for this certificate, as it can influence the annual energy cost. Generally, for an apartment of this size, the annual energy cost could vary between €800 and €1,200 (estimate based on average public sector data). Furthermore, according to the Climate and Resilience Law, rental bans may apply to properties classified as F or G starting in 2025. Aids such as MaPrimeRénov' can be mobilized to improve energy performance, with amounts varying from €1,500 to €20,000 depending on the work.

The apartment is located about 500 meters from the T2 tram, which connects Boulogne-Billancourt to Paris. Several bus lines are also accessible nearby, facilitating travel to surrounding municipalities. The Jean Jaurès neighborhood is known for its proximity to shops, schools, and health services. The demographics of Boulogne-Billancourt show a median income of around €36,000 per year, with a young and dynamic population. The quality of life is generally considered good, with green spaces and low air pollution.

Boulogne-Billancourt is located in a low flood risk area, according to Géorisques data. It is also important to check the PLU (Local Urban Planning) to understand the construction and development rules. Regarding regulations, it is essential to inquire about rent control, which is in effect in certain areas of the city. Mandatory diagnostics include the DPE, lead, asbestos, and the condition of electrical and gas installations. Buyer rights include a 10-day withdrawal period after signing the sales agreement.

The apartment is positioned above the market median, with a price per m² of €7,196, while the median is €5,800. The premium factors include the location in a sought-after neighborhood, the area, and the optimized layout. Comparable properties in the sector show prices ranging from €6,500 to €7,000 per m². The negotiation margin could be estimated at around 5% due to the high demand in the area.