Impeccable Paris property offers a view of Arc de Triomphe and Parc Monceau. This sophisticated 5 bedroom, 4 bath 400 m2 residence, in pristine condition, lies at the edge of Parc Monceau in the 8th, overlooking the leafy park with its ornate gates, as well as the Arc de Triomphe a short distance away down the avenue. It’s an elegant address that is both quiet and centrally located.
400m2 (4,306 sq ft)
The grand building harbors a veritable forest within its vast courtyard, resembling a private botanical garden more than an urban dwelling. Sumptuous common areas signal that you have arrived at a rare and prestigious address. The stunning 4th floor flat (with elevator) is situated on a corner with windows and balconnets all around, benefiting from light and views in every direction. Even the bedrooms that overlook the lush courtyard have pleasing views.
The property has been tastefully remodeled and is in impeccable condition, retaining its historical features, but with kitchen and baths upgraded to the highest standards. Several different living areas allow for separate entertaining spaces. A kitchen / hearth room is the perfect spot for entertaining, while the more formal living area has a discreet wet bar tucked around the corner. An additional media / game room is the perfect place for the younger set to entertain themselves apart.
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: €10,105/m2; +6.4% over one year; +43.8% over 10 years
The golden triangle of Etoile-Concorde-Alma has gone platinum. A luxury apartment on avenue Montaigne can sell for €25,000/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. Average price: 10,105 € /m2, ranging from 7,217 € to 20,734 € /m2 depending on the area.
Current Market Prices — 8th arrondissement
|Neighborhood||Price/m2 in euros|
|Champs-Elysées||€ 9,651||€ 15,433||€ 30,544|
|Faubourg-du-Roule||€ 7,495||€ 10,355||€ 15,392|
|Madeleine||€ 7,680||€ 10,488||€ 17,321|
|Europe||€ 6,945||€ 9,591||€ 14,642|