2-room apartment for sale in Le Perreux-sur-Marne - €300,000, 48.73 m²

The listed price for this apartment is €300,000 for an area of 48.73 m², which gives a price per m² of €6,157 (€300,000 / 48.73 m²). Based on public data from the DVF (Demand for Land Value), the median price per m² for apartments in Le Perreux-sur-Marne is estimated at €5,500 (source: DVF DGFiP, consulted in October 2023). Thus, the price per m² of this apartment is 12% higher than the market median.

Regarding the price trend, the data shows an increase of about 5% over the last 12 months, with an average price of €5,800 per m² the previous year. This upward trend can be attributed to the growing demand in the area, particularly for renovated and well-located properties.

In summary, this apartment is positioned above the market median, which can be justified by its recent renovation and features (balcony, cellar, parking).

For a purchase of €300,000, notary fees are estimated between 7% and 8% for an older property, which is approximately €21,000 to €24,000 (estimate based on current professional scales). The total acquisition cost would therefore be between €321,000 and €324,000.

Regarding financing, with an average interest rate of 3.4% over 20 years and a down payment of 10% (€30,000), the amount borrowed would be €270,000. The estimated monthly payment would be around €1,580 (calculation based on a loan simulator). The total interest cost over the loan term would be approximately €80,000.

For an investor, the gross rental yield can be estimated at 5% if the monthly rent is set at €1,250, which would give a net cash flow after charges and taxes of about €1,000 per month.

The Energy Performance Diagnosis (DPE) of this apartment is classified as D, indicating an energy consumption between 151 and 230 kWh/m²/year. Based on this classification, the annual energy cost is estimated at around €1,200 (calculation based on average consumption and the electricity tariff in France).

Regarding renovations, to improve the DPE class to C, it is estimated that a budget of €15,000 to €20,000 would be necessary for insulation work and upgrading heating systems (estimate based on average market costs). Aids such as MaPrimeRénov' can be mobilized, offering grants of up to €7,000 depending on household income.

It should be noted that the Climate and Resilience law imposes rental bans for properties classified as F and G starting in 2025, highlighting the importance of improving energy performance.

Le Perreux-sur-Marne is well served by public transport, with line E of the RER accessible about 15 minutes on foot from the apartment, allowing access to Paris in less than 30 minutes. Additionally, several bus lines serve the municipality, facilitating travel to neighboring towns.

Regarding amenities, the neighborhood is residential and quiet, with local shops within walking distance, as well as schools (preschools and elementary schools) less than 10 minutes away. The presence of green spaces, such as the Mairie park, contributes to the quality of life in the area.

The demographics of the neighborhood show a median income of about €30,000 per year, which is slightly above the national average. The family composition is predominantly made up of families with children, which can be an asset for buyers looking for a pleasant living environment.

Le Perreux-sur-Marne is located in a low flood risk area, according to Géorisques data. However, it is important to check the risks related to seismicity, which are moderate in this region.

Regarding the Local Urban Planning Plan (PLU), it is essential to consult urban planning documents to know the future projects in the neighborhood, which could influence the property's value. Mandatory diagnostics (lead, asbestos, electricity) must also be carried out before the sale.

Finally, concerning rent control, there is no specific capping in Le Perreux-sur-Marne, but it is recommended to inquire about legislative developments that could impact the rental market.

This 2-room apartment is positioned above the market median, which is around €5,500 per m². Comparable properties in the neighborhood show prices ranging from €5,000 to €6,000 per m², depending on their condition and precise location.

The advantages of this apartment include its recent renovation, its living area of 48.73 m², and features such as the balcony and parking. On the other hand, the disadvantages may include the relatively small size for a couple or a small family, and the fact that it is located on the first floor, which may not suit all buyers.

The estimated negotiation margin could be 5 to 10%, depending on buyer interest and competing offers in the market.