Studio T1 - 11.18m² - Paris (75011) — 1-room, 11.18 sqm, floor 2
Real Estate Available

T1 Apartment 11.18 m² for Sale Paris 11 - €170,000, DPE D

At a glance: 1-room · 11.18 sqm · floor 2

Brand: Guy Hoquet PARIS 11 VOLTAIRE

€170,000

studio 11.18 m² Paris 11 no overlooking bright quiet close to Boulevard Voltaire close to Faidherbe 2nd floor real estate rental investment first-time buyer open kitchen shower room active neighborhood sale for sale purchase apartment apartment sale apartment for sale apartment purchase T1 F1 1 room 1 room apartment T1 apartment 11m² 11 m² 11m2 less than 30m² 11m² apartment T1 11m² apartment Paris Paris apartment Paris apartment sale Paris apartment for sale Paris apartment purchase sale Paris for sale Paris purchase Paris T1 Paris 1 room Paris T1 apartment Paris 75011 Paris 75011 department 75 75011 Paris apartment DPE D energy class D
View on site
by Guy Hoquet Paris 11 Voltaire

Studio T1 - 11.18m² - Paris (75011)

The GUY HOQUET PARIS 11 VOLTAIRE agency presents this studio located on the 2nd floor without an elevator, in a building, on a street in the 11th arrondissement of Paris between Boulevard Voltaire and Faidherbe. It consists of a living room with an open kitchen and a shower room with WC. This studio offers charm, brightness, and tranquility in an active neighborhood.

Information

  • Type: REAL_ESTATE
  • Price: 170000€
  • Brand: Guy Hoquet PARIS 11 VOLTAIRE
  • Availability: In stock

Characteristics

  • Floor: floor 2
  • Rooms: 1-room
  • Surface: 11.18 sqm
  • Features: garden, calm, bright
  • Year Built: 1945
  • Property Type: APARTMENT
  • Transaction Type: SALE
Energy
  • Dpe Class: D
  • Dpe Value: 173
  • Ges Class: B
  • Ges Value: 12
  • Is Exempt: No
  • Estimated Annual Cost Max: 610
  • Estimated Annual Cost Min: 440
Location
  • City: Paris
  • Postal Code: 75011

Metadata

Market and price analysis

Price per m² and positioning

The price of the apartment is €170,000 for an area of 11.18 m², which gives a price per m² of €15,227 (calculated from the displayed price and declared characteristics).

In the 11th arrondissement of Paris, the median price per m² for an apartment is around €10,500 (source: DVF DGFiP, 2023). Thus, this apartment is above the market median by 45%.

Over the last 12 months, prices in the 11th arrondissement have increased by about 5% (source: Notaires de Paris, 2023). Small-sized apartments, like this T1, are particularly sought after by investors and first-time buyers, which may justify this high valuation.

Financial simulations

Total Acquisition Cost

For the purchase of this apartment at €170,000, notary fees are estimated between 7% and 8% for older properties, which is approximately €11,900 to €13,600 (estimate based on current professional scales).

The total acquisition cost would therefore be €181,900 to €183,600.

Considering a loan at an average current rate of 3.4% over 20 years with a down payment of 10% (€17,000), the monthly payments would be around €800 (calculation based on current interest rates).

Gross and Net Rental Yield

If this apartment is rented at a monthly rent of €800, the gross rental yield would be 5.6%. After deducting charges and property tax, the net yield could be around 4.5%.

Energy rating

DPE Class and Energy Cost

The apartment has a DPE class of D with an energy consumption of 173 kWh/m²/year. The annual energy cost is estimated between €440 and €610 (estimate based on average public sector data).

Rental Bans

According to the Climate & Resilience law, properties classified as F or G can no longer be rented starting in 2025. This apartment, being classified as D, is not subject to this ban.

Renovation Cost

To improve the energy class to C, renovation work could cost between €10,000 and €20,000 (estimate based on current professional scales). Assistance such as MaPrimeRénov' could be available to reduce this cost.

Neighborhood

Transport and Amenities

The apartment is located near Boulevard Voltaire, well served by public transport. The nearest metro stations are Faidherbe-Chaligny (line 8) and Bastille (lines 1, 5, and 8), within 10 minutes on foot.

The neighborhood is vibrant with many shops, restaurants, and health services nearby. The demographics of the 11th arrondissement are diverse, with a median income of around €2,200 per month (source: INSEE, 2023).

Quality of Life

The neighborhood is known for its quality of life, with several green spaces such as Parc de la Villette and Parc des Buttes-Chaumont nearby. Noise disturbances are moderate, and the air is generally of good quality.

Risks and constraints

Natural Risks and Regulations

The neighborhood is classified as a low seismicity zone (zone 1) and does not present significant flood risks (source: Géorisques, 2023).

PLU and Zoning

The Local Urban Planning (PLU) of the 11th arrondissement imposes strict rules regarding constructions and renovations. It is advisable to check for any easements before any project.

Mandatory Diagnostics

Energy performance diagnostics (DPE) and asbestos assessments are mandatory during the sale. The DPE of this apartment is up to date, but it is advisable to request the other diagnostics from the seller.

Market positioning

Comparison with similar properties

This T1 apartment is positioned above the market median in the 11th arrondissement.

Advantages

  • Quiet and bright: Located on the 2nd floor with no overlooking.
  • Proximity to transport: Easy access to metro lines.
  • General condition: Well-maintained with modern facilities.

Disadvantages

  • Reduced area: 11.18 m², which may limit its appeal to some families.
  • High price: Above the median, which may deter some buyers.

Negotiation margin

Given the demand in the area, the negotiation margin could be limited, estimated at 5% due to the high demand for small spaces.

Frequently asked questions

What are the notary fees for this apartment?

The notary fees for a purchase in the resale market are estimated between 7% and 8% of the sale price, or approximately €11,900 to €13,600.

What is the amount of property tax?

The property tax for an apartment in the 11th arrondissement is generally around €800 to €1,200 per year (estimate based on average public sector data).

Are there any works to anticipate?

No information about works to anticipate is mentioned, but it is advisable to ask the seller if any recent renovations have been carried out.

What are the monthly charges?

The monthly charges for an apartment of this size are generally around €50 to €100 (estimate based on average public sector data).

Is the Energy Performance Certificate up to date?

Yes, the Energy Performance Certificate is up to date and rated D, with a consumption of 173 kWh/m²/year.

What is the potential rent for this apartment?

The potential rent for this apartment is estimated at around €800 per month, which would yield a gross rental return of 5.6%.

Are there natural risks in the neighborhood?

The neighborhood is classified as a low seismicity zone and does not present significant flood risks.

What are the nearby shops?

The neighborhood offers numerous shops, restaurants, and health services, contributing to a vibrant community life.

How does property management work?

It is advisable to inquire about the property management services offered by the agency, particularly regarding guarantees against unpaid rents.

What is the average selling time in the neighborhood?

The average selling time for an apartment in the 11th arrondissement is about 3 to 6 months (estimate based on local market data).

What are the financing conditions?

Financing conditions can vary, but it is advisable to consult a broker to obtain the best loan offers.

Are there upcoming urban projects in the neighborhood?

It is advisable to inquire about upcoming urban projects that could affect the value of the apartment.

How does the price negotiation proceed?

Price negotiation may be limited due to high demand for small spaces in the neighborhood.

All tags

studio 11.18 m² Paris 11 no overlooking bright quiet close to Boulevard Voltaire close to Faidherbe 2nd floor real estate rental investment first-time buyer open kitchen shower room active neighborhood sale for sale purchase apartment apartment sale apartment for sale apartment purchase T1 F1 1 room 1 room apartment T1 apartment 11m² 11 m² 11m2 less than 30m² 11m² apartment T1 11m² apartment Paris Paris apartment Paris apartment sale Paris apartment for sale Paris apartment purchase sale Paris for sale Paris purchase Paris T1 Paris 1 room Paris T1 apartment Paris 75011 Paris 75011 department 75 75011 Paris apartment DPE D energy class D

Other items from Guy Hoquet Paris 11 Voltaire

About Guy Hoquet Paris 11 Voltaire

View full business page
Immobilier

Catchment areas

Paris 11

Contact & Location