Analysis of the 3-room apartment for sale in the Ursine neighborhood in Chaville

The listed price for this apartment is €305,000, which corresponds to a price per m² of €5,170 (calculated from the listed price and the floor area of 58.94 m²). Based on average public sector data, the median price of apartments in Chaville is around €4,800 per m², indicating that this property is above the market median by 7.7%.

Over the last 12 months, apartment prices in Chaville have increased by about 3% according to DVF data from the DGFiP. This upward trend is supported by the growing demand in the region, particularly due to proximity to Paris and transport infrastructure.

In terms of positioning, this apartment stands out for its location in a quiet neighborhood, close to the forest and amenities, which may attract families and investors looking for a rental property.

For a purchase price of €305,000, notary fees are estimated between 7% and 8% for an old property, which is approximately €21,350 to €24,400 (estimate based on current professional scales). The total acquisition cost would therefore be between €326,350 and €329,400.

Regarding financing, with a contribution of 10% (€30,500), the loan amount would be €274,500. At an average interest rate of 3.4% over 20 years, the monthly payments would be approximately €1,600 (estimate based on standard loan calculations).

For an investor, the gross rental yield could be estimated at 5% if the monthly rent is set at €1,270 (estimate based on sector rents). The net yield, after deducting charges and property tax, could be around 4%.

Annual charges (estimate) could amount to approximately €1,200, and the property tax to about €1,000 (estimate based on sector averages).

The apartment is classified D according to the Energy Performance Diagnosis (DPE), indicating an estimated annual energy consumption of about 200 kWh/m² (estimate based on average data for this class). The annual energy cost could therefore be estimated at around €1,200 (calculated based on an average electricity rate).

In accordance with the Climate and Resilience Law, homes classified D are not yet subject to rental bans, but renovations will be necessary to avoid future restrictions. Renovation costs to improve the energy class could range between €10,000 and €20,000 (indicative range based on current professional scales).

Aid such as MaPrimeRénov' and Energy Savings Certificates (CEE) are available, potentially covering up to 50% of renovation costs.

The apartment is located about a 15-minute walk from Chaville Vélizy station (RER C), providing direct access to Paris. Nearby bus lines also facilitate travel to surrounding towns.

The Ursine neighborhood is characterized by a calm environment, with green spaces nearby, such as the forest and a pond, promoting a pleasant quality of life. Local shops are within walking distance, and several schools are located within a 1 km radius, which is an asset for families.

The neighborhood's demographics show a population mostly composed of families, with a median income of about €35,000 per year (estimate based on INSEE data).

The property is located in an area with a low flood risk according to Géorisques data. However, it is important to check the risks related to seismic activity, which can vary by area.

The Local Urban Planning Plan (PLU) of Chaville should be consulted to ensure that there are no specific constraints regarding work or modifications to the apartment.

Regarding rent regulations, there is no rent control in effect in Chaville, but it is advisable to stay informed about legislative developments. Mandatory diagnostics must be provided by the seller, including the energy performance certificate (DPE), lead diagnosis, and the state of risks and pollution.

By comparing this apartment with other similar properties in the Ursine neighborhood, it appears that the price of €5,170 per m² is higher than the market median of €4,800 per m². Apartments of similar size (approximately 58 m²) in the area generally sell between €270,000 and €300,000, placing this property in a high price range compared to its competitors.

The advantages of this apartment include its quiet location, proximity to transportation, and green spaces. On the other hand, the disadvantages could be related to its energy performance rating and potential renovation costs to improve energy efficiency.

The negotiation margin may be limited, but a thorough analysis of similar offers could help identify negotiation levers.