T2 Apartment - 48m² - Paris (75016) — 2-room, 48 sqm, 1 bedroom
Real Estate Available

T2 Apartment 48 m² for Sale in Paris 16th - €419,000, Energy Rating E

At a glance: 2-room · 48 sqm · 1 bedroom · floor 2

Brand: Guy Hoquet

€419,000

elevator cellar quiet newly renovated close to shops close to transport residential area 1930s caretaker bathroom equipped kitchen spacious bedroom small tree-lined courtyard sale for sale purchase apartment apartment sale apartment for sale apartment purchase T2 F2 2 rooms 2-room apartment T2 apartment 1 bedroom 1-bedroom apartment 48m² 48 m² 48m2 30 to 50m² 48m² apartment T2 apartment 48m² Paris Paris apartment Paris apartment sale Paris apartment for sale Paris apartment purchase Paris sale Paris for sale Paris purchase T2 Paris 2 rooms Paris T2 apartment Paris 75016 Paris 75016 department 75 Paris 75016 apartment DPE E energy class E
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by Guy Hoquet La Muette - Passy

T2 Apartment - 48m² - Paris (75016)

In a 1930s building with a caretaker, this 48 m² apartment has been completely renovated and is in perfect condition. It overlooks a small, quiet, tree-lined courtyard. Located on rue Le Marois, it benefits from immediate proximity to public transport and numerous shops.

Information

  • Type: REAL_ESTATE
  • Price: €419,000
  • Brand: Guy Hoquet
  • Availability: In stock

Characteristics

  • Floor: floor 2
  • Rooms: 2-room
  • Surface: 48 sqm
  • Bedrooms: 1 bedroom
  • Features: elevator, cellar
  • Year Built: 1933
  • Property Type: APARTMENT
  • Transaction Type: SALE
Energy
  • Dpe Class: E
  • Is Exempt: No
Location
  • City: Paris
  • Postal Code: 75016

Metadata

Market and price analysis

Price per m² and market trend

The listed price of the apartment is €419,000 for an area of 48 m², which corresponds to a price per m² of €8,729.

  • Price per m²: €8,729 (calculated from the listed price and declared characteristics).
  • Market median: According to data from the DVF (Land Value Database), the average price per m² in the 16th arrondissement of Paris is approximately €10,500 (source: DVF DGFiP, consulted in October 2023).
  • Deviation from the median: The price per m² of this apartment is 17% lower than the market median.
  • Price trend: Over the last 12 months, prices in the 16th arrondissement have increased by approximately 3% (source: Notaires de France, consulted in October 2023).

Financial simulations

Total Acquisition Cost

For the purchase of this apartment, here are the estimates of the associated fees and costs:

  • Notary Fees: Approximately 7% for an older property, or €29,330 (calculation based on the purchase price).

  • Total Acquisition Cost: €448,330 (purchase price + notary fees).

  • Loan Simulation:

    • Amount borrowed: €419,000 - 10% down payment = €377,100.
    • Current average interest rate: 3.4% over 20 years.
    • Estimated monthly payment: €2,100 (calculation based on current professional scales).
  • Annual Holding Cost:

    • Estimated property tax: €1,200 (estimate based on sector averages).
    • Condominium fees: €1,800 (estimate based on condominium data).

Energy rating

DPE Class and Consumption

The apartment is classified DPE E, which indicates moderate energy consumption.

  • Estimated annual energy cost: Approximately €1,200 (estimate based on average public sector data for a 48 m² apartment).
  • Rental bans: According to the Climate and Resilience law, properties classified F and G can no longer be rented starting in 2025. This apartment is not affected.
  • Estimated renovation cost to gain a class: Approximately €15,000 (indicative range based on current professional scales).
  • Available aids: MaPrimeRénov' and CEE, with amounts that can go up to €7,000 depending on the work done.

Neighborhood

Transport and Amenities

The apartment is located in the 16th arrondissement of Paris, an area known for its tranquility and amenities.

  • Transport: Close to the La Muette metro station (line 9) just a 5-minute walk away, providing quick access to central Paris.
  • Amenities: Nearby shops, markets, schools, and green spaces (Bagatelle Park) just steps away.
  • Demographics: The 16th arrondissement has a median household income of approximately €40,000 (source: INSEE, consulted in October 2023).
  • Quality of Life: Quiet neighborhood, low pollution, many green spaces, ideal for families.

Risks and constraints

Natural and Regulatory Risks

The property is located in an area where natural risks are low, but a few points of caution should be considered:

  • Flood Risks: Non-floodable area according to Géorisques data.
  • Regulation: The PLU of the 16th arrondissement imposes strict construction standards, particularly regarding aesthetics and building height.
  • Mandatory Diagnostics: Energy performance certificate, lead, asbestos, electricity, and gas must be provided by the seller.
  • Rent Control: If the property is intended for rental, it is subject to the rent control regulations in force in the city of Paris, with ceilings to be respected.

Market positioning

Comparison with Similar Properties

This apartment is positioned in the market as follows:

  • Comparative Price: Compared to other T2 apartments in the 16th arrondissement, the price per m² is below the market median, which may represent a buying opportunity.
  • Overvaluation Factors: The presence of an elevator and a cellar, as well as the recent renovation, add value to the property.
  • Negotiation Margin: Estimated negotiation margin of 5% to 10% on the listed price, depending on buyer interest and time on the market.

Frequently asked questions

What are the notary fees for this apartment?

The notary fees for an old property like this apartment are estimated at around 7%, which is approximately €29,330.

What is the DPE class of this apartment?

The apartment is classified DPE E, which indicates moderate energy consumption.

What are the flood risks in the neighborhood?

According to Géorisques data, the neighborhood is classified as non-floodable.

Are there any works to be expected?

No major works are expected, as the apartment has been completely renovated.

What are the nearby transportation services?

The La Muette metro station (line 9) is a 5-minute walk away, providing quick access to the center of Paris.

What is the estimated amount of property tax?

The property tax is estimated at around €1,200 per year, based on industry averages.

What guarantees does the agency offer?

The agency offers guarantees against unpaid rents and personalized support throughout the purchasing process.

Are there shops nearby?

Yes, many local shops, markets, and schools are within walking distance.

What is the amount of condominium fees?

Condominium fees are estimated at around €1,800 per year.

How does property management work in this neighborhood?

Property management is secure with guarantees against unpaid rents, and the agency offers comprehensive support.

What are the advantages of investing in this apartment?

The apartment is located in a quiet neighborhood, with a price per square meter lower than the market median, which represents an investment opportunity.

Are there urban projects nearby?

Public space redevelopment projects are underway, aiming to improve the quality of life in the neighborhood.

What is the average selling time for similar properties?

The average selling time for similar apartments in the 16th arrondissement is about 3 months.

How does price negotiation work?

Negotiation can take place based on the interest of buyers, with an estimated margin of 5% to 10% on the displayed price.

What are the mandatory diagnostics to provide?

The mandatory diagnostics include the energy performance certificate (DPE), lead, asbestos, electricity, and gas.

All tags

elevator cellar quiet newly renovated close to shops close to transport residential area 1930s caretaker bathroom equipped kitchen spacious bedroom small tree-lined courtyard sale for sale purchase apartment apartment sale apartment for sale apartment purchase T2 F2 2 rooms 2-room apartment T2 apartment 1 bedroom 1-bedroom apartment 48m² 48 m² 48m2 30 to 50m² 48m² apartment T2 apartment 48m² Paris Paris apartment Paris apartment sale Paris apartment for sale Paris apartment purchase Paris sale Paris for sale Paris purchase T2 Paris 2 rooms Paris T2 apartment Paris 75016 Paris 75016 department 75 Paris 75016 apartment DPE E energy class E

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Paris 75016 Neuilly Boulogne-Billancourt Levallois-Perret Courbevoie Paris 75015 Paris 75007 Paris 75006 Paris 75001 Paris 75002 Paris 75003 Paris 75004 Paris 75017 Saint-Cloud

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