Apartment in Paris 16e Arrondissement, Paris

This prestigious acquisition offers real peace of mind, whether you're changing your main residence, looking for a peaceful retirement, an exceptional pied à terre, a self employed profesional, or simply an investment. This highly sought-after address places its residents at the heart of Parisian life, with its many local shops, the Saint-Didier covered market and its explosion of colour, its must-visit cafés and trendy terraces, and just 600m from the exclusive Villa Thalgo health Club and its Marine Spa.

Area details :
- Apartment (lots 12, 13 and 14) --> Weighted area 108.01 m2 = 15.276 euros/m2
- Total living space --> 104.55 m2 floor area ; 101.19 m2 Carrez law ; 14 m2 running balcony ; 2 further balconies for a total of 1.42 m2
Room details: Lower duplex --> Entrance 9.22 m2 ; Living room 25.13 m2 ; Dining room 15.24 m2 ; Kitchen 12.82 m2 ; Terrace 14 m2 ; Bathroom 5.50 m2 ; Toilet 1 m2 ; Cupboards 1.60 m2 + 0.33 m2. Upper duplex --> Study 8.30 m2 including 1.20 m2 cupboard ; Bedroom 1 - 10.30 m2 ; Bedroom 2 - 9 m2 ; Shower room 5.61 m2 ; Storage 2.40 m2 ; Balcony 0.72 m2 and 0.70 m2
- Cellar --> 5.30m2 valued at 2,500 euros/m2
- Freehold --> 135 / 1004th of the general common parts of the building

Features : Building built on a human scale and ideally located, triple exposure corner property bathed in light, beautiful unobstructed views, duplex with spiral staircase, well maintained over the years and ready to move in after a refreshing of the paintwork, latest paintwork and new kitchen completed in 2013, very friendly neighbourhood with no incivility, lift on split level floor, louvered shutters and blinds on all windows, sunny with large bay windows opening onto a balcony, offers comfort and peace and quiet due to the double glazing, main facing south-west and north-west, 200m from Place Victor Hugo, semi-independent, fully-equipped kitchen, flexible and possibility of creating a 3rd bedroom, 2.65m high ceilings, numerous made-to-measure cupboards and storage space with integrated sliding doors, 5th and 6th floors (top floors), two flats on this floor, secure building (caretaker, electronic key Vigic + Interphone/digicode, armoured door), fibre optic broadband, individual gas heating system, freehold and no building renovation voted or planned,, common areas refurbished in 2013, service charges €426/month including maintenance of common areas by the building caretaker + cold water + lift, property tax €2750/year, suitable for self-employed professionals with no noise pollution.

In the heart of the Chaillot administrative district, this historic building with a lift has 6 storeys above the ground floor and was built in 1890. It comprises around 13 apartements and stands on a 204 m² plot of land, 195 meters from Victor Hugo Martin station (Line 2) and 270 meters from Boissière metro station (Line 6). There is also a Vélib station just a few steps away.

Property investment info :
- Furnished rental potential €35.50/m²/month --> €3,830--> 2,79% projected yield (ref DRIHL: Reference rent = €29.60/m² - Increased rent = €35.50/m²)

Here some key features of the arrondissement, located on the right bank of the River Seine, it is situated to the northwest of the city center :
- Trocadéro: This area, which is part of the 16th arrondissement, offers one of the most iconic views of the Eiffel Tower. It is a popular spot for tourists and locals to admire and photograph the landmark.
- Architecture: The 16th arrondissement is home to some of the most stunning Haussmannian buildings in Paris. These grand, ornate structures feature classic Parisian architectural elements such as wrought iron balconies, stone facades, and mansard roofs.
- Residential Area: The arrondissement is predominantly a residential area, with many upscale apartments and townhouses. It's a sought-after neighborhood for affluent Parisians, expatriates, and diplomats.
- Museums: The neighborhood boasts several notable museums, including the Palais de Tokyo, a contemporary art museum, and the Marmottan Monet Museum, known for its impressive collection of works by the famous Impressionist painter Claude Monet.
- Parks and Green Spaces: The 16th arrondissement is home to some beautiful parks and gardens. The Bois de Boulogne, one of the largest green spaces in Paris, is located in the western part of the arrondissement.
- Schools and International Institutions: The district is home to various international schools and institutions, making it a popular choice for families seeking an international education.
- Dining and Shopping: While not as lively as some other parts of Paris, the 16th arrondissement offers a range of upscale dining and shopping options, with many gourmet restaurants and boutique shops.
- Embassies and Diplomatic Residences: Many foreign embassies and diplomatic residences are located in this district, which contributes to the international and cosmopolitan character of the neighborhood.
- Quiet and Tranquil: The 16th arrondissement is known for its tranquil and safe atmosphere, making it a preferred choice for those seeking a quieter, more relaxed lifestyle in the heart of the city.
Overall, the 16th arrondissement of Paris offers a blend of cultural attractions, beautiful green spaces, and upscale living, making it an attractive area for those who appreciate a more residential and peaceful environment in the heart of the bustling French capital.
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Information about risks to which this property is exposed is available on the Géorisques website : https://www.georisques.gouv.fr