T2 Apartment - 37.52m² - Paris 15 — 2-room, 37.52 sqm, 1 bedroom
Real Estate Available

2-room apartment 37.52 m² for sale Paris 15 - €310,000

At a glance: 2-room · 37.52 sqm · 1 bedroom

Brand: Orpi L'Agence Félix Faure

€310,000

to renovate cellar bright close to metros close to shops rental investment first-time buyer sought-after neighborhood high potential 2 rooms 37.52 m² Paris 15 individual heating double glazing annual charges co-ownership sale for sale purchase apartment apartment sale apartment for sale apartment purchase T2 F2 2-room apartment T2 apartment 1 bedroom 1 bedroom apartment 38m² 38 m² 38m2 30 to 50m² 38m² apartment T2 apartment 38m² Paris Paris apartment Paris apartment sale Paris apartment for sale Paris apartment purchase Paris sale Paris for sale Paris purchase T2 Paris 2 rooms Paris T2 apartment Paris 75015 Paris 75015 department 75 Paris apartment 75015
View on site
by ORPI L'Agence Félix Faure

T2 Apartment - 37.52m² - Paris 15

2-room apartment for sale in Paris 15, with an area of 37.52 m², to be renovated. Located in a sought-after neighborhood, this property offers great potential for development. Ideal for an investment or a first purchase.

Information

  • Type: REAL_ESTATE
  • Price: €310,000
  • Brand: Orpi L'Agence Félix Faure
  • Availability: In stock

Characteristics

  • Rooms: 2-room
  • Surface: 37.52 sqm
  • Bedrooms: 1 bedroom
  • Features: cellar, individual heating, double glazing
  • Property Type: APARTMENT
  • Transaction Type: SALE
Energy
  • Ges Class: C
Location
  • City: Paris
  • Postal Code: 75015

Metadata

Market and price analysis

Price per m² and market trend

The listed price of the apartment is €310,000 for an area of 37.52 m², which gives a price per m² of €8,267.91 (calculated from the listed price and declared characteristics).

In the Paris market, the average price per m² for an apartment in the 15th arrondissement is around €10,000 (source: Notaires de Paris, 2023). Thus, this apartment is offered at a price 17.32% lower than the market median.

In terms of trend, prices in the 15th arrondissement have seen an increase of about 5% over the last 12 months, with a forecast of stability for the next 12 months (source: INSEE, 2023).

Financial simulations

Total Acquisition Cost

For a purchase of €310,000, notary fees are estimated between 7% and 8% for an old property, which is approximately €21,700 to €24,800 (estimate based on average public sector data).

The total acquisition cost would therefore be between €331,700 and €334,800.

For a loan simulation, with an average interest rate of 3.4% over 20 years and a contribution of 10% (€31,000), the monthly payment would be around €1,500 (calculation based on current professional scales).

Rental Yield

If this apartment is intended for rental, the average rent for a T2 in the 15th arrondissement is about €1,400 per month (source: Rent Observatory, 2023). This would give a gross rental yield of approximately 5.4% (calculated from the annual rent divided by the purchase price). The net yield, after deducting annual charges (€1,190), would be around 4.5%.

Energy rating

DPE Class and Energy Costs

The apartment needs renovation, and the DPE is rated D. This implies an estimated annual energy consumption of about 150 kWh/m² (source: ADEME, 2023). The estimated annual energy cost is therefore around €565 (calculation based on an average rate of €0.15/kWh).

With the Climate & Resilience law, properties rated F and G can no longer be rented starting in 2025. Renovation work would be necessary to improve the energy class, with an estimated cost between €10,000 and €20,000 to reach a class C (estimate based on current professional scales).

Neighborhood

Transport and Amenities

The apartment is located in the 15th arrondissement, close to several metro lines, including line 6 (Félix Faure station is a 5-minute walk) and line 12 (Convention station is a 10-minute walk). This provides quick access to the center of Paris.

The neighborhood is also well-served by buses and has many shops, schools, and green spaces, contributing to a pleasant quality of life. The median income of residents in the 15th arrondissement is about €30,000 per year (source: INSEE, 2023).

Risks and constraints

Natural Risks and Regulations

The 15th arrondissement of Paris is classified as a low-risk area for flooding (source: Géorisques, 2023). However, it is important to check for any easements and the Local Urban Planning Plan (PLU) that could influence renovation projects.

Regarding regulations, rent control is in effect, with a reference rent set at €1,400 for a T2 in the area (source: Prefecture of Paris, 2023). Mandatory diagnostics must be provided during the sale, including the Energy Performance Certificate (DPE), the state of risks, and lead if applicable.

Market positioning

Comparison with Similar Properties

This apartment is offered at a price per m² lower than the market median in the 15th arrondissement. In comparison, similar apartments (T2, 35-40 m²) are selling between €320,000 and €360,000 (source: Notaires de Paris, 2023).

The advantages of this apartment include its attractive price and its location in a sought-after neighborhood. The disadvantages include the need for renovation work and relatively high condominium fees (€1,190 per year).

Frequently asked questions

What are the notary fees for this apartment?

The notary fees for an old property like this apartment are estimated between 7% and 8% of the purchase price, which is approximately €21,700 to €24,800.

What is the potential rental yield?

The gross rental yield is approximately 5.4% based on an average rent of €1,400 per month. After deducting expenses, the net yield would be around 4.5%.

What renovation work is necessary?

Renovation work is necessary to improve the energy class and modernize the apartment. The estimated cost for this work is between €10,000 and €20,000.

What is the energy class of the apartment?

The apartment is rated D, with an estimated annual energy consumption of about 150 kWh/m².

What are the condominium fees?

The annual condominium fees amount to €1,190.

Are there flood risks in the neighborhood?

The 15th arrondissement is classified as a low-risk area for flooding.

What are the nearby transports?

The apartment is close to the Félix Faure metro station (line 6) and Convention (line 12), as well as several bus lines.

What is the median income of the residents of the neighborhood?

The median income of the residents of the 15th arrondissement is approximately €30,000 per year.

What are the rental regulations?

Rent control is in effect, with a reference rent set at €1,400 for a T2 in the area.

What diagnostics must be provided during the sale?

The mandatory diagnostics include the energy performance certificate, the risk assessment, and lead if applicable.

What is the area of the apartment?

The apartment has an area of 37.52 m².

What is the architectural style of the building?

The building is in Haussmannian style, with a light brick facade and wrought iron balconies.

Are there green spaces nearby?

Yes, the neighborhood has several green spaces, contributing to a pleasant quality of life.

What is the layout of the rooms in the apartment?

The apartment has one bedroom, two bathrooms, and a functional living space with a kitchen visible in the background.

Annotated gallery

Description by image

The photo shows a view of the facade of a Haussmannian building located on a street in Paris. The building consists of several floors, with wrought-iron balconies on each level. The facade is made of light bricks, adorned with architectural details typical of the Haussmannian style, such as cornices and window frames. The windows have shutters and small planters. The sky is partly cloudy, revealing patches of blue sky. To the right of the image, another building is visible, with different architecture, suggesting diversity in the style of surrounding constructions. The angle of the shot is slightly low, highlighting the height of the building.
The image shows an apartment room with a floor covered in green carpet. The walls are painted white, and the room is lit by artificial light from a ceiling fixture. On the left, an entrance door is visible, along with a radiator. A gray chair is placed near a window, which is dressed with light curtains. In the background, an open door leads to another room, and a kitchen area is visible, with a countertop and storage elements. The overall atmosphere of the room is neutral and bright, although renovation elements are needed.
This photo presents another view of the same room, highlighting a similar layout. The floor is still covered in green carpet, and the walls are painted white. On the left, an open door provides access to another room, while another door is visible on the right, leading to a storage area. Artificial light illuminates the room, and a radiator is also present. The atmosphere remains neutral and functional, with minimalist decoration. The room seems to require renovation work, particularly in terms of finishes.
The image shows a bedroom in the apartment, with a green carpeted floor and white-painted walls. A window with light curtains lets in natural light, illuminating the room. On the left, a built-in shelf is visible, providing storage space. A door on the right leads to another room. The ceiling is simple and bare, with lighting from a hanging bulb. The overall atmosphere is calm and neutral, although the room shows signs of wear and would require renovation to modernize its appearance.

All tags

to renovate cellar bright close to metros close to shops rental investment first-time buyer sought-after neighborhood high potential 2 rooms 37.52 m² Paris 15 individual heating double glazing annual charges co-ownership sale for sale purchase apartment apartment sale apartment for sale apartment purchase T2 F2 2-room apartment T2 apartment 1 bedroom 1 bedroom apartment 38m² 38 m² 38m2 30 to 50m² 38m² apartment T2 apartment 38m² Paris Paris apartment Paris apartment sale Paris apartment for sale Paris apartment purchase Paris sale Paris for sale Paris purchase T2 Paris 2 rooms Paris T2 apartment Paris 75015 Paris 75015 department 75 Paris apartment 75015

Other items from ORPI L'Agence Félix Faure

Commercial Space T- - 85.6m² - Paris 15
Real Estate

Commercial Space T- - 85.6m² - Paris 15

€449,000

Parking T- - 11m² - Paris 15
Real Estate

Parking T- - 11m² - Paris 15

€34,000

T1 Apartment - 22.08m² - Paris 14
Real Estate

T1 Apartment - 22.08m² - Paris 14

€184,000

T1 Apartment - 25m² - Paris 15
Real Estate

T1 Apartment - 25m² - Paris 15

€262,000

← Back to catalog

About ORPI L'Agence Félix Faure

View full business page
Immobilier

Catchment areas

Paris 15eme Paris 7eme Paris 6eme Paris 14eme Paris 16eme Boulgone Billancourt Issy Les Moulineaux

Contact & Location