Picpus 75012 Paris
One bedroom, one bath: renovated apartment near the Promenade Plantée is perfect as an investment rental or first home.
€ 470,000

Apartment facts

Total n° of Rooms2
Size38 m2 / 409.03 sq ft
Floor3
N° of Bedrooms1
N° of Bathrooms1
KitchenFully equipped
Floors (wood, tile)Wood parquet
N°of FireplacesYes
General ConditionExcellent

This 38m2 fully renovated one bedroom, one bath property is located in the charming Daumesnil area of the 12th near the 5 km long Promenade Plantée elevated garden (similar to the Highline trail in NYC).  Compact with little wasted space, the 3rd floor property (with elevator) offers everything you need in one neat package:

  • Spacious bedroom with stylish closet.
  • Living / dining room with fireplace and hardwood floors, overlooking the quiet street.
  • Bright kitchen with laundry, and full size appliances.
  • Location near parks, amenities and transport.
  • Storage cellar.

Location

Paris: 12th arrondissement

The 12th arrondissement is generally considered an affordable option, and many native Parisians call it home. In recent years coveted neighborhoods like those around the renovated Viaduc des Arts on Avenue Daumesnil have become very attractive to buyers and renters alike, and prices have seen a steep rise there over the last few years. Several neighborhoods in the 12th have a lot to offer the young, off-beat crowd: Marché d’Aligre, a daily food market in the market hall that spills over into the streets on the weekends; the diverse and lovely Bercy park near the Gare de Lyon, with the nearby stone warehouse converted into shops, restaurants and a large cinema; or the lovely Square Trousseau just off the rue Faubourg Saint Antoine.   Parisians from throughout the city travel to the outskirts of the 12th to visit the Bois de Vincennes, a massive public park surrounding a former royal fortress.  

Average price: €8,312/m2; +5.4% over one year; +36.1% over 10 years

Good value is still to be had in the Viaduc des Arts area with its rooftop gardens, while prices climb substantially along the quais leading up to Bastille. Prices are lower but rising close to the Boulevard Périphérique on the outskirts, or abutting the 20th arrondissement. Average price: 8,312 €/m2, ranging from 5,902 € to 10,999 €/m2, depending on the area. 

Current Market Prices — 12th arrondissement

Neighborhood Price/m2 in euros
Low Medium High
Bel-Air € 6,052 € 7,968 € 10,132
Picpus € 5,694 € 8,245 € 10,733
Bercy € 5,631 € 8,110 € 10,885
Quinze-Vingts € 6,456 € 8,986 € 11,678

Inquire about this property
Contact us
By phone
In France +33 (0)9 75 18 18 99
From the US (917) 779-9950
By email
Norton
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