Newly gentrified districts are starting to attract greater numbers of expats to the City of Light. High rents and historically low interest rates are sustaining investor interest in Paris real estate.
Artistic and eclectic, the 10th arrondissement is a definite up-and-coming district, luring foreign buyers who look for the best investment properties in Paris. With access to major train stations, Gare de l’Est and Gare du Nord (housing the Eurostar International rail station), properties in the 10th arrondissement also attract commuters and frequent travellers who seek conveniently located pied-á-terres.
Located on the Right Bank, the 10th arrondissement boasts a strategic location in Paris, between the Grands Boulevards and Place de la République, not far from the Bastille and Belleville districts.
The hub of the 10th arrondissement is the beautiful tree-lined Canal Saint-Martin with its many quaint restaurants, bars and cafés. Along with Place de la République in the south, the vibrant dining and nightlife scene could be the fastest growing in the entire city.
An edgy incarnation of modern Parisian life, the 10th arrondissement is the ideal place for those looking for urban authenticity. Apart from foreign investors and commuters, the district is increasingly attracting designers, architects, artists and young professionals.
The 10th arrondissement is certainly one to watch and is noted for being one of the most sought after areas in Paris for real estate investment, because property here is attractively priced and expected to show good capital appreciation in the coming years. Gentrification is already well under way.
An impressive balance of timeless appeal, classic elegance and modern convenience make this luxurious property both aesthetically alluring and delightfully stylish. Designed with functionality as well as beauty, the luxury home is not only sophisticated, but truly elegant. A perfect mix of chic Parisian style and dignified refinement, the splendid apartment gracefully combines the best for fabulous entertaining and comfortable daily living. Blessed with authentic character and designed with flair, it seamlessly merges gracious formality and effortless liveability.
Sure to dazzle, the classically beautiful residence is housed in a fine period building with distinguished, timeless architecture. The good-looking freestone façade, with its decorative Louis Philippe style and Venetian influences, is matched by an exquisite interior of impressive scale and detailing.
Built in the middle of the 19th century, the fine residence bears the hallmarks of a glorious past, with its elevated ceilings, elegantly crafted arched windows and beautifully proportioned living areas. Spaciousness, luminosity and sobriety breathe throughout the interior, which is highlighted by a homogeneous white colour palette. Paying tribute to its historical value, the superb residence has retained many of its original architectural elements, including large mirrors, parquet floor, original mouldings and fireplaces.
An airy, double-oriented layout with no corridors allows the owners to maximise every square metre of the light-filled space. Encompassing 170m2 of luxurious living area, the exclusive residence features two bedrooms with the possibility of a third.
The breathtakingly stunning reception room is a statement in definitive style and magnificent scale, with its impressive ceilings that reach 3.6 metres. The oversized eat-in kitchen, with ample room for food preparation, is perfect for casual dining and enjoyable conversation.
The building’s refined common areas encompass a paved courtyard and a striking original glass canopy. There are also two large cellars.
This elegant property offers those in search of a primary residence or a second home an attractive residential opportunity for an exquisite lifestyle and a rewarding real estate investment.
Price: €1.89 million.
