T1 Apartment 18.06 m² for Sale Paris 11 - €191,500, DPE E

The price of the apartment is €191,500 for an area of 18.06 m², which gives a price per m² of €10,598.47 (calculated from the displayed price and declared characteristics). In the 11th arrondissement of Paris, the median price per m² for a studio is estimated at around €11,000 (source: DVF DGFiP, 2023). This property is therefore slightly below the market median, which may represent an opportunity for buyers. Over the last 12 months, prices in the area have seen a slight increase of 2.5% (source: Notaires de France, 2023).

The apartment is located in a lively and commercial neighborhood, close to the Saint-Maur metro, making it attractive for young professionals and students. The tranquility and unobstructed view are additional assets that can appeal to potential buyers. Compared to other similar studios in the area, this property is favorably positioned in terms of price and features.

For a purchase of €191,500, notary fees are estimated between 7% and 8% for an old property, which is approximately €13,405 to €15,320 (indicative range based on current professional scales). The total acquisition cost would therefore be between €204,905 and €206,820.

With a down payment of 10% (€19,150), the amount to be financed would be €172,350. At the current average rate of 3.4% over 20 years, the monthly payment would be approximately €1,015 (calculated based on current interest rates).

The energy performance certificate indicates a consumption of 179 kWh/m²/year, which corresponds to an estimated annual energy cost between €670 and €910 (estimate based on average public sector data).

The property tax for a studio in the 11th arrondissement is generally estimated between €800 and €1,200 per year (estimation based on average public sector data).

The apartment has a DPE rated E with a consumption of 179 kWh/m²/year. This means that renovation work is necessary to improve its energy performance. Owners can benefit from aids such as MaPrimeRénov' to finance this work, with amounts that can go up to €20,000 depending on the work carried out (source: ANAH, 2023).

According to the Climate & Resilience law, homes rated F or G can no longer be rented starting in 2025. Although the apartment is rated E, it is important to plan for renovations to avoid potential restrictions in the future.

The apartment is located near the Saint-Maur metro station (line 3), which provides quick access to the center of Paris. The frequency of the metros is about 5 minutes during peak hours. Additionally, several bus lines serve the neighborhood, making travel easier.

The neighborhood is vibrant, with many shops, restaurants, and services nearby. The presence of green spaces, such as the Buttes-Chaumont park, contributes to the quality of life. The median income in the 11th arrondissement is approximately €2,500 per month, reflecting an attractive urban environment (source: INSEE, 2023).

The neighborhood is classified as a low seismicity zone, with a moderate flood risk according to Géorisques data. It is advisable to check the technical diagnostics when purchasing.

The property must comply with current standards of decency and safety. Mandatory diagnostics (lead, electricity, gas) must be provided by the seller. It is also important to check the co-ownership rules and any possible easements.

By comparing this apartment with other studios of a similar size in the 11th arrondissement, we find that the price per m² is slightly lower than the market median. Similar studios generally sell between €11,000 and €12,000 per m². This property could therefore be considered a good deal, especially given its location and features.

Given that the property is slightly below the market median, there may be room for negotiation. Buyers might consider offering a lower price, but it is important to take into account the current demand in the sector.