rue José-Maria de Heredia 75007 Paris
3-bed, 2.5-bath; 2nd floor (elevator);
140m2 (1,507 sq ft)
SOLD

Apartment facts

Size140 m2 / 1506.96 sq ft
Floor2
N° of Bedrooms3
N° of Bathrooms2.5
Floors (wood, tile)Parquet
N°of FireplacesYes
Balcony/TerraceYes

Building facts

ElevatorYes

This beautiful apartment with classic crown molding, parquet windows, French doors throughout and with 3 bedrooms and 3 bathrooms was sold by PPG to a family looking for a large pied à terre that could serve as a vacation rental when not in use.

The combination of its ideal location, just behind the Eiffel tower, and PPG’s network helped to get the seller their asking price within 2 months, a short time span for an apartment in this very expensive neighborhood.

Location

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
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

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