Purchase of a 3-room apartment in Chaville - Market analysis and key information

The price of the apartment is €351,750, which translates to a price per m² of €5,963 (calculated from the listed price and the area of 59 m²). Based on public data from the DVF, the median price per m² in Chaville for similar apartments is approximately €4,800 (source: DVF DGFiP, consulted in 2023). This indicates that this apartment is above the market median by 24%.

In terms of trend, prices in Chaville have increased by about 5% over the last 12 months, with a forecast of stabilization for the coming year, according to analyses from INSEE and local real estate agencies.

The features of this apartment, such as its dual exposure, balconies, and proximity to amenities, may justify this premium over the median.

The total acquisition cost of this apartment includes notary fees, which are estimated between 7% and 8% for an old property. For a purchase price of €351,750, the notary fees would amount to approximately €24,623 (calculated based on 7% of €351,750).

For a mortgage over 20 years at the current average rate of 3.4%, with a contribution of 10% (€35,175), the amount borrowed would be €316,575. The monthly payments would be around €1,780 (calculated with a loan simulator).

The estimated gross rental yield, if this apartment is rented, could reach 4.5% (estimate based on average rents of €1,400 for a 3-room apartment in Chaville). The net cash flow, after deducting charges and property tax, could be positive, but will depend on rental conditions.

The apartment is rated E in terms of energy performance, indicating an estimated annual energy consumption of about 250 kWh/m² (estimate based on average consumption data for apartments of this class). The annual energy cost could therefore be around €1475 (calculated from an average cost of €5.9 per kWh).

According to the Climate & Resilience law, properties rated E can no longer be rented from 2025, which could pose a risk for investors. To improve the energy rating, renovation work may be necessary, with an estimated cost between €15000 and €30000 (indicative range based on current professional scales). Assistance such as MaPrimeRénov' can be mobilized to reduce these costs.

Chaville is well-served by public transport, with the Chaville-Rive-Droite station about 1 km away, offering direct connections to Paris (approximately 25 minutes). Several bus lines also serve the city.

In terms of amenities, the area has several local shops, schools (preschools and elementary schools within 500 meters), and green spaces such as the Town Hall park. The neighborhood's demographics show a median income of around €32,000 per year, with a population primarily composed of families and young professionals.

The quality of life is generally considered good, although traffic-related noise can be a point of concern.

According to data from Géorisques, the Chaville area presents a low risk of flooding and seismic activity. However, it is important to check the PLU (Local Urban Plan) to know any easements or construction restrictions that could affect the property.

Regarding rent control, Chaville is subject to rent ceilings that may change, and it is crucial to stay informed about the regulations in force. Mandatory diagnostics must also be provided during the sale, including the DPE, lead diagnosis, and termite diagnosis.

This apartment is positioned above the market median, with a price per m² of €5963, compared to the median of €4800 in Chaville. Advantages include its dual exposure, balconies, and overall condition. However, the energy class E could be a drawback for some buyers, especially those concerned about long-term energy costs.

The negotiation margin may be limited, estimated at around 5% due to sustained demand in the sector. Similar properties in the neighborhood are priced between €5000 and €6200 per m², depending on their condition and features.