Ave George V 75008 Paris
One bed, one bath: spacious and sunny property with amazing views on prestigious Avenue George V
€ 1,795,000
SOLD

Apartment facts

Total n° of Rooms3
Size80 m2 / 861.12 sq ft
Floor4
N° of Bedrooms1
N° of Bathrooms1
KitchenSemi-open
Floors (wood, tile)Wood
Balcony/TerraceYes
General ConditionNewly renovated

Discover this one-bedroom apartment for sale in a prime location in the 8th arrondissement in Paris, just a few metres from the famous Avenue des Champs Elysées and Avenue Montaigne.

Located on the fourth floor of a secure building with a concierge and a lift, this apartment for sale spans 80 square metres and has been recently renovated, meaning it will be ready to live in or rent out straight away.

Key features

Balcony
Cellar
City Views
Lift
Town centre

The property

This is a perfect opportunity for those looking for a pied-à-terre in a prestigious address. Should the future owner decide to rent out the property, it is possible to earn long-term rental yields of €2,500 per month.

The apartment features one bedroom, a fully equipped kitchen, a bathroom and well-lit, open-plan living and dining space. The living area also opens up onto a balcony that spans the entire length of the apartment. In addition, this apartment benefits from air conditioning, something of a rarity in the capital, and a cellar.

Location

Without a doubt, one of the most exciting aspects of this apartment is its superb location. It is situated just a stone’s throw from the Avenue des Champs Elysées, one of the finest high-end shopping streets in the world. Just in front of the prestigious palace hotel Georges V, the apartment is also close to two metro stations. Georges V and Franklin Roosevelt stations on the main metro line are just five minutes’ walk away.

Though the 8th arrondissement is often synonymous with shopping, there is plenty more to see and do. Bookended by the iconic l’Arc de Triomphe and the Place de la Concorde, the 8th arrondissement is home to some of the city’s most emblematic landmarks such as Église de la Madeleine, the Champs Elysées and Le Grand Palais. It is also one of the major business centres in the capital.

A true paradise for foodies, the 8th arrondissement is rightly proclaimed the haute-cuisine capital of the city thanks to its plethora of Michelin-starred restaurants.

Location

Paris: 8th arrondissement

The epicenter of luxury shopping, 5-star hotels, 3-star Michelin restaurants and glamorous clubs, the 8th is the flashy side of Paris with property prices to match. While most of the bling and glitter stays within the golden triangle- bordered by three stations, Étoile, Concorde, and Pont l’Alma – throughout the rest of the 8th one finds neighborhoods with a more urban feel and every-day shops and markets. The area around Parc Monceau is especially sought-after as it is calm, residential, and consistently beautiful buildings.

Average price: €12,718/m2; +2.4% over one year; +26.7% over 10 years

The golden triangle of Etoile-Concorde-Alma has gone platinum. A luxury apartment on avenue Montaigne can sell for  €30,000/m² and up, and on neighboring streets prices are not far behind in this an area that particularly attracts foreign buyers in addition to Paris residents.  Apartments larger than 200m² are plentiful in the historically wealthy district around avenues Hoche and Friedland, and so are relatively reasonable prices.

Current Market Prices — 8th arrondissement

Neighborhood Price/m2 in euros
Low Medium High
Champs-Elysées € 11,065 € 16,443 € 31,998
Faubourg-du-Roule € 9,483 € 12,851 € 18,249
Madeleine € 10,036 € 13,173 € 20,729
Europe € 8,989 € 12,066 € 17,577

Inquire about this property
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In France +33 (0)9 75 18 18 99
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