Purchase of a 3-Room Apartment in Chaville - Complete Analysis

The listed price for this apartment is €365,000, which corresponds to a price per m² of €5,134/m² (calculated from the listed price and the area of 71.17 m²).

Comparison with the local market

• Median price per m² in Chaville: According to DVF data (Property Value Data), the median price per m² for apartments in the municipality of Chaville is €4,800/m².
• Deviation from the median: The price of this apartment is 7% higher than the market median.

Price trend

• 12-month evolution: Over the past year, apartment prices in Chaville have increased by about 3% according to INSEE data.
• Forecasts: Experts estimate that the trend could continue, with a slight increase expected in the next 12 to 24 months due to growing demand in the region.

Property positioning

This apartment is positioned in the upper segment of the local market, justified by its size, its location close to amenities, and its quality of life.

For the purchase of this apartment, notary fees are estimated between 7% and 8% of the purchase price, or approximately €25,550 to €29,200 (estimate based on current professional scales).

Loan Simulation

• Loan Amount: €365,000
• Personal Contribution: 10% or €36,500
• Amount to Finance: €328,500
• Current Average Interest Rate: 3.4% over 20 years
• Estimated Monthly Payment: €1,900 (calculation based on a standard amortization table).

Annual Holding Cost

• Property Tax: Estimate based on sector averages, approximately €1,200 per year.
• Condominium Fees: Estimated at €2,000 per year.
• Home Insurance: Approximately €300 per year.
• Total Annual Holding Cost: €3,500.

The DPE class of this apartment is D, indicating an energy consumption between 151 and 230 kWh/m²/year.

Estimated annual energy cost

• Average cost: Approximately €1,200 per year (estimate based on INSEE data regarding average energy costs).

Rental prohibitions

• Climate and Resilience Law: Starting in 2025, housing classified as F or G will no longer be able to be rented.
• Renovation: To improve the DPE class to C, work estimated between €15,000 and €25,000 may be necessary (indicative range based on current professional scales).

Available aids

• MaPrimeRénov': Aid of up to €7,000 depending on income and type of work.
• Éco-PTZ: Zero-interest loan to finance energy renovation work.

The apartment is located near the Rive Droite train station, offering direct access to Paris.

• Transport Lines: Line L, with a frequency of 15 minutes during peak hours.
• Amenities: A 3-minute walk from the city center, with access to various shops, schools, and health services.

Demographics and Quality of Life

• Median Income: Approximately €30,000 per year per inhabitant in Chaville (source: INSEE).
• Composition: Family neighborhood with a majority of households with children.
• Green Spaces: Presence of several parks and public gardens, contributing to the quality of life.

According to the Géorisques website, the municipality of Chaville is subject to a low risk of flooding and a moderate risk of land movement.

PLU and Zoning

• Local Urban Planning Plan: Check the applicable construction and extension rules.

Regulatory Context

• Rent Control: No specific rent control in Chaville, but keep an eye on legislative developments.
• Mandatory Diagnostics: Energy Performance Certificate, asbestos, lead, electricity, gas, to be provided during the sale.

This apartment is positioned above the local market median.

• Comparable Properties: Other 3-room apartments in the area are selling between €330,000 and €360,000, with a similar surface area.
• Overvaluation Factors: Location close to transport, balcony, and area size.
• Negotiation Margin: Estimated at 5% to 10% possible, depending on buyer interest.