T1 Apartment 20 m² for Sale Paris 15 - €248,000, DPE C

The price of the apartment is €248,000 for a surface area of 20 m², which is a price per m² of €12,400.

Comparison with the market

• Median price per m² in the 15th arrondissement: According to DVF data, the median price per m² in the 15th arrondissement is approximately €10,500 (source: DVF DGFiP, 2023).
• Difference from the median: The price per m² of this apartment is 18% higher than the market median.

Price trend

• Trend over 12-36 months: Prices in the 15th arrondissement have increased by about 5% per year over the last two years, according to trends in the Paris real estate market (source: Notaires de Paris, 2023).

Property positioning

• Advantages: Recent building (2018), DPE C, elevator, proximity to the Parc des Expositions.
• Disadvantages: Price per m² higher than the median, which could limit interest for some buyers.

For a purchase of €248,000, notary fees are estimated between 7% and 8% for an old property.

Estimation of Notary Fees

• Notary Fees :
  • Low Estimate (7%) : €17,360
  • High Estimate (8%) : €19,840

Loan Simulation

• Loan Amount : €248,000 - 10% down payment (€24,800) = €223,200
• Current Average Interest Rate : 3.4% over 20 years.
• Estimated Monthly Payments : Using a loan simulator, the monthly payments would be around €1,250 per month (calculation based on a fixed rate).

Annual Energy Cost

• Estimated Energy Cost : According to the DPE, the annual energy cost is estimated between €140 and €240 (source: DPE).

Annual Holding Cost

• Estimated Property Tax : On average, the property tax in the 15th arrondissement is about €1,200 per year (source: INSEE, 2023).

The Energy Performance Diagnosis (DPE) of this apartment is rated C, with a consumption of 96 kWh/m²/year and greenhouse gas emissions (GHG) rated C at 17 kg CO2/m²/year.

Annual Energy Cost

• Estimated energy cost: Between €140 and €240 per year, depending on usage (source: DPE).

Rental Bans

• Climate & Resilience Law: No risk of rental ban, as the DPE is rated C. Rental bans apply to properties rated F and G starting in 2025 (source: Climate & Resilience Law, 2021).

Available Aid for Renovation

• MaPrimeRénov': Aid for energy renovation work, amount varying according to income and work done, up to €20,000 (source: Anah, 2023).

The apartment is located near the Parc des Expositions at Porte de Versailles and the T3a tram, facilitating access to public transport.

Nearby Transport

• T3a Tram: Less than 5 minutes on foot.
• Metro: Line 12 is a 10-minute walk.

Amenities

• Local Amenities: Supermarkets, bakeries, and restaurants in the immediate vicinity.
• Schools: Several educational institutions within a 1 km radius, with generally satisfactory results.

Neighborhood Demographics

• Median Income: Approximately €35,000 per year for households in the 15th arrondissement (source: INSEE, 2023).
• Composition: Family-friendly neighborhood with a mixed population, including young professionals and families.

Natural Risks

• Flooding: The 15th arrondissement is minimally exposed to flooding risks, according to Géorisques data (source: Géorisques, 2023).
• Seismicity: Low seismicity zone.

PLU and Zoning

• Local Urban Planning Plan (PLU): Check the construction and development rules in force in the neighborhood.

Regulatory Context

• Rent Control: No specific rent control in the 15th arrondissement, but legislative developments should be monitored (source: ELAN law, 2018).
• Mandatory Diagnostics: DPE, lead, electricity, gas, to be provided at the time of sale.