French Property Insider Volume XIV, Issue 35 Thursday, September 8, 2016 • Paris, France
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FOR SALE: In the 3rd Arrondissement, PRICE REDUCED!
On rue Saint-Martin, the western side of Le Marais, just steps from the Centre Pompidou, the newly revitalized Forum des Halles and three Métro lines -- Arts et Métiers, Etienne Marcel and Rambuteau.
The 75.3 square meters (810 square feet) amazingly accommodates two bedrooms and two bathrooms, one of which is en-suite to the master bedroom. The other is independent and has a big "bagnoire" (bathtub), so that you will never be waiting for your guests to finish luxuriating in their bath, as is the "powder room" separate to accommodate a full house of friends or renters. The smaller second bedroom has two built-in "Murphy" style beds that fold away into the wall, with large windows on the hallway making a perfect room for kids, guests or even an office.
Located in a typical 19th-century "maison" (built in 1870) on the third floor, the beams and stone walls have been exposed to release its original charm. A working fireplace adds a special touch. Light, bright and in neutral tones, the apartment is easy for anyone's taste to move right into and settle-in, making it your own.
All appliances are included, but furnishings may also be purchased along with the apartment...or decorate for yourself.
The apartment has been a successful rental when the owner has been traveling and can accommodate up to six guests.
Asking Price: Now €830,000
For more information, to visit the property or make an offer, contact John Rule at email@example.com.
To peruse all of our current properties for sale, visit AdrianLeeds.com. And if you have a property you wish to sell to our North American/Anglophone market, do not hesitate to contact us at Contact@AdrianLeeds.com.
Bonjour French Property Insider Subscriber,
According to the Notaries of Paris/Ile-de-France in a report issued TODAY, real estate activity remained buoyant in second quarter 2016, in line with previous quarters. Once again, the fluidity of the market owes much to exceptionally attractive interest rates enjoyed by purchasers -- under 2%. As throughout the region, some price pressures are now found in Paris, where prices, already at a high level should continue to increase slightly in the coming months.
* 8,100 euros per m² in Paris on average
In the capital after hovering around 8,000€/m² for the last six months of 2015, the average price increased 1.1% from 1st to 2nd quarter 2016, when it reached 8,100€ per m² (i.e. an increase of 2.6% in one year).
* 7 arrondissements above 10,000€/m²
While the average price per square meter in the capital is 8,100€/m², seven arrondissements saw their prices surpass the 10,000€/m² mark (the 1st, 3rd, 4th, 5th, 6th, 7th, and 8th), including three that exceeded the 11,000€/m²(4th, 6th and 7th arrondissements).
It is increasingly common for properties to be sold at 20,000€/m²in the most expensive districts of the capital, especially in the 6th.
In second quarter 2016, the two most expensive properties sold in Paris reached 30,000€/m²
* Two districts below the 7,000€/m²
Two of the least expensive districts of the capital are still experiencing prices below 7,000€/m²: the 19th at 6,650€/m²and the 20th at 6,830€€/m².
The price differential between the most expensive and the least expensive in Paris is 5,350€/m²
* Three districts beyond the annual price increase
Seventeen districts of the capital recorded price increases over the year (from +7.5% in the 3rd and 0.8% in the 19th). Only the 2nd, 10th and 16th arrondissements have seen their prices fall in second quarter 2016.
* The most expensive area: Saint-Germain-des-Prés at 14,460€/m²
The most expensive neighborhoods of Paris: Saint-Germain-des-Prés (6th), at 14,460€/m²; Saint Thomas Aquinas (7th) at 13,330€/m², Invalides (7th) at 12,520€/m², and the Champs Elysées (8th) at 12,290€/m².
* The least expensive area: Pont de Flandre to 6.140€/m²
All districts of Paris are now above 6,000€/m². The least expensive districts of Paris are Pont-de-Flandre (19th) at 6.140€/m², La Chapelle (18th) at 6,210€/m², Amerique (19th), at 6,340€/m², followed by La Goutte d'Or (18th), at 6,480€/m²
* Nearly 3% annual rise in prices expected ending October 2016
According to the leading indicators of Notaries of Paris-Ile-de-France, the price reversal pattern would be confirmed in the coming months, with an expected price per square meter in Paris to 8,260€ in October 2016 (+ 2.9 % in one year). The maximum price reached in the capital was 8,460€/m² in mid-2012.
* 9,000 existing homes sold in 3 months in Paris
The Parisian real estate market has confirmed its momentum in second quarter 2016 with 8,980 existing homes sold in the capital between April and June 2016, an increase of 13% year on year. So, Paris is catching up in terms of activity, but less rapidly than the rest of the Greater Paris Region.
* Nearly 9% of buyers in Paris are foreign nationals
The share of foreign buyers in the capital amounted to 8.6%. They are particularly present in the 4th district (25.1% of buyers), in the 8th district (15.4%) and the 13th (13.1%).
The most represented nationalities among the Parisian buyers are Italians and Chinese.
P.S. I will be in New York City in September and am welcoming personal consultations September 21 through 24th on the subjects of working, living and investing in France for the special price of $330 for up to two hours (normally 330€. That's a $42 savings.) If you are interested, please email me at firstname.lastname@example.org.
P.P.S. If you like learning about Tiny Living, be sure to read my interview with Tiny Living Magazine, and subscribe!
The ADRIAN LEEDS GROUP Apartments
Welcome to your home in Paris. Home is how you will feel in a private apartment in Paris that has the "seal of approval" from ALG, Paris Sharing and me, Adrian Leeds.
This bright, two-bedroom apartment is beautifully positioned on the 5th floor of a stately Marais building with elevator, overlooking La Place Saint-Paul and the majestic 17th-century church, Eglise Saint-Paul-Saint-Louis. It features a wrap-around balcony that can be accessed from all rooms in the apartment by one of the many floor-to-ceiling windows/doors, and is the perfect spot from which you can take in the stunning views of Le Marais and the church.
Book your stay in an apartment seen on House Hunters International -- "Vacation Home in Paris"!
FREE one-hour consultation! Guests of Parler Paris Apartments or Parler Nice Apartments who are considering the purchase of their own "pied-à-terre" for pleasure and profit, can take advantage of a free one-hour consultation while enjoying the apartment in the City of Light or on the Riviera. Simply complete the request form to book your consultation.
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