2-room apartment 34 m² for sale in Asnières-sur-Seine - €282,000

The listed price of the apartment is €282,000 for an area of 34.07 m², which translates to a price per m² of €8,284/m² (calculated from the listed price and declared characteristics).

On the Asnières-sur-Seine market, the median price per m² for an older apartment is around €4,800/m² according to DVF (Données de Valeur Foncière) data from 2022. Thus, the price per m² of this apartment is 72% higher than the market median.

In terms of trend, apartment prices in Asnières-sur-Seine have increased by about 5% per year over the last two years, with seasonal fluctuations. Properties located near public transport and shops show higher prices, which seems to be the case for this apartment.

Property positioning: This property is positioned in the upper segment of the market, which could be justified by its 70 m² garden and quiet location. However, it is essential to check the quality of the interior and the general condition of the building to justify this price.

For a purchase price of €282,000, notary fees are estimated between 7% and 8% for an older property, which is approximately €19,740 to €22,560 (estimate based on current professional scales).

The total acquisition cost would therefore be between €301,740 and €304,560.

Loan Simulation: If the buyer finances 90% of the purchase price (i.e., €253,800) with a down payment of 10% (€28,200), at the current average rate of 3.4% over 20 years, the monthly payment would be around €1,500 (calculation based on a loan simulator).

Rental Yield: If this apartment is rented, with an estimated rent of €1,200/month, the gross rental yield would be 5.1% (calculated based on the annual rent divided by the purchase price). After deducting charges and property tax, the net yield could be around 4.5%.

Annual Holding Cost: Taking into account the estimated property tax of €800 (estimate based on industry averages), condominium fees of €1,200, and home insurance of €300, the annual holding cost would be approximately €2,300.

The Energy Performance Diagnosis (DPE) is not specified in the source sheet. It is essential to ask the seller for this information. Generally, for an apartment of this size, the annual energy consumption could vary between €800 and €1,200 depending on the DPE class.

Rental Bans: According to the Climate and Resilience law, apartments classified as F or G can no longer be rented starting in 2025. Therefore, it is crucial to check the energy class of this apartment.

Estimated Renovation Cost: If the DPE is unfavorable, renovation work to improve the energy class could cost between €10,000 and €30,000 (estimate based on average public sector data).

Available Assistance: Assistance such as MaPrimeRénov' or Energy Savings Certificates (CEE) may be available to finance this work, with amounts varying depending on the work performed.

The apartment is located in the Bourguignons area of Asnières-sur-Seine, near the SNCF train stations of Bois-Colombes and the metro station line 13 of Les Agnettes, providing easy access to Paris.

Amenities: The Bourguignons square nearby has various shops, restaurants, and services, making it a convenient neighborhood for residents.

Demographics: Asnières-sur-Seine has a population of about 85,000 inhabitants, with a median income of around €2,500 per month. The city is appreciated for its quality of life, green spaces, and school infrastructure.

Urban Projects: Several urban development projects are underway, aiming to improve infrastructure and services, which could have a positive impact on long-term real estate valuation.

According to data from Géorisques, the Asnières-sur-Seine area is subject to moderate flood risks. It is advisable to consult the risk maps before purchasing.

PLU and Zoning: It is important to check the Local Urban Planning Plan (PLU) to know the construction and development rules in the neighborhood.

Rent Control: If the apartment is intended for rental, it is essential to inquire about the rent control in effect in Asnières-sur-Seine, which could influence rental yield.

Mandatory Diagnostics: Ensure that all diagnostics (DPE, lead, asbestos, etc.) are up to date and available before finalizing the purchase.

Compared to other 2-room apartments in the area, this apartment is above the median price. Indeed, similar apartments sell for between €220,000 and €260,000, depending on their condition and location.

Factors for Overpricing: The 70 m² garden and the tranquility of the location are assets that justify a higher price.

Negotiation Margin: Given that the price is above the median, a negotiation margin could be considered, especially if renovation work is needed. An offer around €270,000 could be a reasonable starting point for negotiation.