This quiet sunny fully renovated one bedroom apartment, located in the heart of one of the most sought after areas in Paris, the historic Carré des Antiquaires in the 7th arrondissement, is on the 4th floor without elevator of a 19th century building that overlooks a cobblestone courtyard.
37m2 (398 sq ft)
The original chevron parquet flooring found throughout the apartment is in excellent condition. An entry hall leads to a nicely sized living area with open kitchen that, like the bathroom with its shower and WC, has been renovated with high quality materials. Two large west facing windows in the living area and another in the bedroom provide ample afternoon sunlight and look onto the courtyard but without vis à vis.
The apartment is tucked away on a charming quiet street lined with art galleries, antique dealers and restaurants, yet it is minutes away from the Seine, the Musée d’Orsay, rue du Bac and boulevard St. Germain. It is close to public transportation and a large variety of shops and restaurants.
This property represents an ideal investment opportunity as a primary residence, pied-à-terre or a source of rental income.
Paris: 7th arrondissement
Quintessential Paris, the 7th is divided into distinct neighborhoods each with a different feeling. The areas near Champs de Mars and bordering the 6th tend to be more highly prized, while the area near the 15th can feel very residential and quiet. On a sunny day, the 7th 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 7th 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 7th is the second most expensive in Paris, right behind the 6th. 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 7th are among the most expensive of anywhere in Paris, behind only the 6th. 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|
|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|