4-Room Apartment for Sale in Le Perreux sur Marne - €340,000, 74 m²

The price of the apartment is €340,000 for a surface area of 74 m², which gives a price per m² of €4,594.59.

Based on DVF (Demand for Property Values) data for Le Perreux-sur-Marne, the median price per m² for apartments in this municipality is around €3,800 (source: DVF DGFiP, consulted in 2023). This means that the price of this apartment is 20.9% higher than the market median.

Regarding the price trend, Le Perreux-sur-Marne has experienced an increase of about 5% over the last 12 months, with a forecast of stabilization for the coming year, according to analyses of the local real estate market. This trend is supported by sustained demand for real estate in this area, due to its proximity to Paris and transport infrastructure.

Estimation based on average public sector data.

For a purchase at €340,000, notary fees are estimated between 7% and 8% in the old market, which is approximately €23,800 to €27,200 (calculation based on the displayed price and declared characteristics).

The total acquisition cost would therefore be between €363,800 and €367,200.

Loan Simulation:

• Amount borrowed: €340,000 - 10% down payment (€34,000) = €306,000.
• Current average interest rate: 3.4% over 20 years.
• Estimated monthly payment: approximately €1,700 (calculation based on current professional scales).

Annual Holding Cost:

• Estimated property tax: approximately €1,200 (estimate based on industry averages).
• Condominium fees: approximately €1,000 per year (estimate based on declared characteristics).
• Estimated total annual holding cost: €2,200.

The Energy Performance Diagnosis (DPE) is not specified in the listing. However, if we consider an average DPE class for similar apartments in the area, we could estimate an annual energy consumption of about 1,200 kWh/m².

The annual energy cost would therefore be around €1,200 (calculation based on an average electricity rate of €0.1/kWh).

Rental Bans:

• According to the Climate & Resilience law, properties classified as F or G can no longer be rented since 2023. This property, if classified D, is not subject to these bans.

Available Assistance:

• MaPrimeRénov': up to €20,000 for energy renovation work, depending on eligibility criteria.

The apartment is located in immediate proximity to the city center of Le Perreux-sur-Marne, about a 5-minute walk from shops. Schools are accessible in 2 minutes on foot, which is an asset for families.

Transport:

• RER E station 15 minutes on foot, providing direct access to Paris.
• Bus stops nearby, facilitating travel to surrounding municipalities.

Demographics:

• Le Perreux-sur-Marne has a population of about 31,000 inhabitants, with a median household income of €30,000 (source: INSEE, 2021).

Quality of Life:

• Quiet residential area, with many green spaces and low air pollution, according to data from the Île-de-France Air Quality Observatory.

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, although the region is not particularly exposed.

Regulation:

• The Local Urban Plan (PLU) must be consulted to know the construction and development rules in the area.
• Mandatory diagnostics, such as the Energy Performance Certificate (DPE), must be provided by the seller before the transaction.

Points of Caution:

• Check the condition of the co-ownership and any planned works that could impact the charges.
• Ensure that the property is not subject to easements or specific restrictions.

By comparing this apartment with other similar properties in the area, it is noted that the price per square meter is higher than the market median.

Advantages:

• Top floor, which can be an asset for many buyers.
• Balcony and parking included, which is rare in this price range.

Disadvantages:

• Price above the median, which may limit interest for some buyers.

Negotiation Margin:

• Estimated at around 5% due to current demand in the real estate market of Le Perreux-sur-Marne.