rue Bourgogne — Paris Property Group %

rue Bourgogne 75007 Paris

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1-bed, 1-bath; 1st floor (no elevator);
54m2;

€ 14,600 / m²

PAST PROJECT

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Apartment facts

Total n° of Rooms2

Size54 m2 / 581.26 sq ft

Floor1

N° of Bedrooms1

N° of Bathrooms1

It could be the subject of a real estate reality show. Paris Property Group clients Jeff and Kristy, a young couple expecting their first child, wanted a pied-a-terre in Paris that would also be a great rental investment property. The pair, physicians based in Phoenix, Arizona, first thought Jeff would come to look at property alone, so that Kristy wouldn’t have to travel late in her pregnancy; but he didn’t want to make the choice for them both. So they took a leap of faith and asked PPG to search for them, to send photos and videos of anything interesting, and see what would come.

The couple could imagine their life in Paris: out the door for morning runs along the Seine from a historic apartment on the left bank, preferably in the 7th arrondissement. They would be securing a mortgage, and wanted to find and furnish their place before mid-August, to enjoy during their planned vacation.

Paris Property Group agent Jennifer Jomard accepted the challenge. The search was on! After considering a number of properties, Jeff and Kristy decided on a one-bedroom property located in the area between the Orsay and Rodin museums, near Assemblée Nationale. The apartment offered the perfect mix of elegant, historical features, flexible space and an upscale, central location within easy walking distance of all the historical monuments in Paris. Original parquet de Versailles flooring and impressive floor-to-ceiling windows offering lovely views on a historic hotel particulier across the street gave the space the palatial feeling they were hoping to find. The four-meter-high ceilings had allowed for a second sleeping space to be lofted above the kitchen and bathroom, effectively a second bedroom. Negotiations began, and within days, Kristy and Jeff were thrilled to land the apartment. The final negotiated price was about 14,000 € per m2, an excellent price for the property, which left room in the budget for closing costs and furnishings.

The project moved into its next phase: give the apartment a fresh style all its own. The property needed almost no renovation work, and interior designer Molly Poiset took over. With less than two months to complete the transformation, and much of that time during the slow summer months when it is difficult to accomplish much, she had her work cut out for her. Molly’s genius is her ability to put a chic spin on otherwise humble materials, creating combinations that are both elegant and zen. The custom dress-maker stitching on the curtains and chairs is a perfect example, as are the woolly recovered stools and the plain, repainted hutch. A stone fireplace, added to anchor the room, looks as if it has always been there.

The beds can be connected to form a King, or arranged separately.

The loft area sits above the kitchen and bath, overlooking the hall and living area. Newly outfitted with custom made tufted mattresses, the space functions as a guest room, kid space or for TV viewing.

Even the 18th century cellar got a make-over, and now serves as a fun and fabulous wine tasting spot.

Molly and her team were in high gear on the final days before the owners arrived, adding all the finishing touches so that their first view of their new place would be perfect. According to Jeff and Kristy, it was.

You can visit Jeff and Kristy’s new place on the Paris Perfect website where it is available to rent…that is, whenever they can bear to be away from it. Let Paris Property Group help you find your dream place too: Contact@ParisPropertyGroup.com

Photos and design: Molly Poiset

Location

Paris: 7th arrondissement

Quintessential Paris, the 7^th is divided into distinct neighborhoods each with a different feeling. The areas near Champs de Mars and bordering the 6^th tend to be more highly prized, while the area near the 15^th can feel very residential and quiet. On a sunny day, the 7^th is perfect for strolling through the gardens of the gorgeous Rodin museum, or sitting on the Champ de Mars in the shadow of the Eiffel Tower, enjoying a picnic. The charming rue Cler abounds with produce, meat, cheeses, breads, spices and more are on offer, flanked by plenty of sidewalk cafés. The 7^th is also home to many government offices, ministries and the Assemblée Nationale, seat of the French parliament. Sought after for it’s central location, proximity to parks and it’s spacious feeling, real estate in the 7^th is the second most expensive in Paris, right behind the 6^th. The Carré des Antiquaires, north of the Boulevard Saint Germain toward the Seine, is one of the most coveted residential addresses in the city.

Average price: 14,687 €/m2; -3.5% over 1 year, + 24.7% over 10 years

Stratospheric prices are becoming the norm in the 7th due to sustained interest by both foreign investors and residential buyers, and a general shortage of apartments on the market. Prices in the 7^th are among the most expensive of anywhere in Paris, behind only the 6^th. The area around the Champs de Mars, Invalides and rue Cler are pricey, especially if they have a view. The Carré des Antiquaires area bordering the 6th is where you’ll find some of the steepest prices.

Current Market Prices — 7th arrondissement

Neighborhood	Price/m2 in euros
	Low	Medium	High
Saint-Thomas-d'Aquin	€ 11,714	€ 16,822	€ 27,289
Invalides	€ 11,594	€ 16,108	€ 27,385
Ecole-Militaire	€ 10,364	€ 13,860	€ 20,185
Gros-Caillou	€ 10,445	€ 13,906	€ 21,365

Get to know the 7th arrondissement

Architectural styles

Paris evolved out of a walled city, and some historians argue that this alone has given Paris a certain logic that London or Boston lacks. Paris has really never lost its walls: 900 years after the 12th-century wall of Philippe August, we now live in a city walled by its ring-road, the Péripherique highway. This succession of walls, gradually torn down and rebuilt through the centuries, has created a spiraling city, which grew gradually out from the Ile de la Cité. It’s not surprising that some of the oldest buildings are near the center of the spiral.

Haussmann

(1840- early-20th-century)

By 1853, the city had over 1 million people. Only one house in five had running water; of these, most only had plumbing on the ground floor. Napoleon III tapped Baron Haussmann to renovate Paris. The goal was to ease traffic by creating large boulevards and to promote hygiene by integrating a clean water and sewage system, as well as to house the burgeoning upper class. Featuring an intricate cut stone façade, the common layout in a Haussmannian style building is large apartments (200 to 300 m²) with multiple salons de reception, marble fireplaces, chevron parquet floors, high ceilings with elaborate crown moldings, and a grand stairwell with an elevator to the side rather than in the center. Found around the grand boulevards in the center of Paris and in the 8^th, 10^th, 14^th, 15^th,16^th, 17^th, 18^th, 20^tharrondissements.

Art Nouveau

(1893-1917)

Art Nouveau was a brief fin-de-siecle architectural trend lasting approximately from 1893 to the beginning of World War I. Best known for the style is Hector Guimard. His curving “cigarette smoke” line had already made waves on buildings in the elegant 16th arrondissement, but his Art Nouveau was motivated by a social conscience, much like the Arts and Crafts Movement in Britain. Hired in 1896 to design the metro entrances, he leapt at the chance to design something beautiful for the masses. But when Guimard unveiled his brilliant Métro work in 1900 everyone hated it. The shiny green color was considered unpatriotic, too close to Prussian green, and the writhing insect-like metalwork was much too weird for the public. Time has defeated his critics however, and Guimard’s Art Nouveau Métro entrances have become one of the city’s trademarks.

Art Deco / Modern Lofts

(1918-39)

At the end of World War I, Paris was exuberant—the world had just survived “the war to end all wars. High-speed ocean liners crisscrossed the Atlantic; Surrealism shocked the art world; radios poured out jazz music. The Modern Age had arrived. Trying to express this freedom and movement, architects responded to the jazzy rhythm with angular shapes reminiscent of the new cruise ships. World War II put an end to Art Deco’s optimism and the less-flamboyant lines of pure Modernism took over. Factories from this time have converted into residential use. Turning a loft into a livable space requires consulting an architect. In general, remodeling the interior of a loft will not require approval from building co-owners but any changes affecting the exterior of the building will need building co-owner and city approval.

Restaurants

Volumes have been written on where to eat in Paris, but this is our very personal take on favorite places to go in each arrondissement. Some are swanky and require reservations, and some are more casual eateries. If you find other favorites, let us know so we can add them to our site in the future.

Les Cocottes

135 Rue Saint-Dominique, 7th
tel: 01 45 50 10 31 | M° Ecole Militaire

No reservations and no disappointments; everything at Christian Constant’s casual restaurant is excellent and worth the wait, which could be long if you arrive after 8pm. Most dishes come in a Staub cocotte and the style is traditional French done elegantly but low key. Alternatively, for a real treat, try Constant’s flagship Violon d’Ingres or his more casual Café Constant, both next door.

Brasserie Thoumieux

Hotel Thoumieux, 79 rue Saint-Dominique, 7th
tel: +33 (0)1 4705 4975 | M° Invalides, La Tour Maubourg

With two Michelin stars and the title of Top Chef France under his belt, chef Jean François Piege, together with his associate Thierry Costes, bring you a modern brasserie in the Thoumieux Hotel. Surrounded by pop colours and plush seating, the relaxing ambiance is complemented by the creative French cuisine.

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