Analysis of the 2-room apartment in Paris 14 - Rue Raymond Losserand

The listed price for this apartment is €356,000, which corresponds to a price per m² of €8,065 (calculated from the listed price and the area of 44.09 m²). In the 14th arrondissement of Paris, the median price per m² for an old apartment is around €10,000 (source: DVF DGFiP, 2023). This property is therefore below the market median, which may represent an advantage for buyers looking to invest in the sector. Over the last 12 months, prices in the 14th arrondissement have shown an upward trend of about 3.5% (source: Notaires de France, 2023).

This property is positioned below the market median, which could attract buyers looking for good value for money. Advantages include a south and west exposure that ensures beautiful brightness, as well as the presence of two balconies. On the other hand, the absence of an elevator in an old building may be a disadvantage for some buyers.

The total acquisition cost of this apartment, including notary fees, is estimated at around €380,000 (estimate based on notary fees of 7% for older properties). This includes:

• Price of the apartment: €356,000
• Notary fees (approximately 7%): €24,000

For a mortgage of €356,000 over 20 years at the current average rate of 3.4%, with a down payment of 10% (€35,600), the monthly payments would be around €1,800 (calculation based on current loan scales).

If this apartment is rented, the gross rental yield could be estimated at around 4.5% (estimate based on a monthly rent of €1,600). The annual holding cost, including property tax (estimated at €800), condominium fees (estimated at €1,200), and insurance (around €300), would amount to approximately €2,300 per year.

The apartment is classified as F, but will move to E starting January 2026 due to the DPE reform. The annual energy cost is estimated at around €1,200 (calculation based on average energy consumption for an apartment of this size). To improve the DPE class, renovation work is necessary, with costs estimated between €10,000 and €15,000 (indicative range based on current professional scales). Aids such as MaPrimeRénov' can be mobilized to reduce these costs.

The apartment is located near several metro lines (line 13 at 500 m and line 6 at 700 m) and several bus stops. Local shops, schools, and restaurants are within walking distance, contributing to a good quality of life. The neighborhood's demographics show a median income of about €30,000 per year (source: INSEE, 2023).

The neighborhood is known for its tranquility and green spaces, with several parks nearby. Urban projects are underway to improve accessibility and infrastructure, which could have a positive impact on the valuation of real estate in the area.

The property is located in a low flood risk area (source: Géorisques, 2023). However, it is important to check for any easements and the PLU (Local Urban Planning) that could affect renovation or extension projects. In addition, the regulatory context regarding rents must be taken into account, particularly the rent control that may apply in the sector.

By comparing this apartment with other similar properties in the 14th arrondissement, we find that the price per m² is lower than the market median. For example, a 45 m² apartment in the same area sells for about €10,000 per m², or €450,000. This indicates a potential negotiation margin for this apartment, which could be an asset for buyers.