Le Roi de Sicile 75004 Paris
Two bed, one bath: A perfect blend of historic charm and modern amenities near Hotel de Ville
€ 838,500

In the heart of the Marais near Hotel de Ville, this charming and beautifully renovated 58.6 m2 property features a large living / dining room with an open kitchen, perfect for modern living. Two bedrooms, and a bath overlook a quiet interior courtyard. A high-end renovation exposed original beams and stone walls while offering modern amenities. Perfect for a main residence or pied-a-terre within easy walking distance of all of historic central Paris.  3rd floor (4th floor American) walk-up.

Location

Paris: 4th arrondissement

The heart of the Marais, the 4th arrondissement has had many incarnations through the centuries, alternating between aristocratic hotspot to Jewish ghetto then back again, and to its present hip and trendy status. The changing social fabric and narrow, crowded streets of the Marais spared it the bulldozer of Baron Haussmann, making it one of the few areas in Paris where Renaissance through 18th century architecture still abounds. The Île Saint Louis, which defines this arrondissement’s southern edge, is the oldest part of Paris, where the city first began.

Average price: €11,796/m2; +0.1% over one year; 38.6% over 10 years

The Marais is the 3rd most expensive area in Paris, after the 6th and 7th.  There is still good value in the lively, village-like part of the Marais when compared to Saint Germain de Prés. Look to the neighborhoods in the Village Saint Paul and north of the Place de Vosges for the rare, quieter streets. Prices can top €21,000/m² for the Ile St Louis, where tourists have nearly eliminated much of the neighborhood feeling and may someday dampen its appeal, but that day has yet to come.  Average price: 11,796 € /m2, ranging from 8,309 € to 18,736 € depending on the area.

Current Market Prices — 4th arrondissement

Neighborhood Price/m2 in euros
Low Medium High
Saint-Merri € 8,355 € 11,312 € 15,136
Saint-Gervais € 8,173 € 11,716 € 15,998
Arsenal € 8,206 € 11,648 € 17,603
Notre-Dame € 9,900 € 14,313 € 24,977

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In France +33 (0)9 75 18 18 99
From the US (917) 779-9950
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