Paris, ultra chic near Champs Elysées, museums, theatres, 85m² 2 bed apart. to renovate, 4th floor, elevator

Extremely prestigious location 100m from the President’s official residence, close to the Champs Elysées in the heart of Paris’ 8th arrondissement on a quiet street of antique dealers and art galleries. This bright, 4th floor, 2 (or 3) bed, 85m² apartment is accessed by a magnificent private staircase from 3rd floor or direct by elevator to the 4th. Current layout includes a 24m² living room, two bedrooms of 14m² and 12m², a bright 9m² kitchen, bathroom, separate WC and 2 very large cellars for additional storage. With many original features (mouldings, fireplaces, some stained glass) but in need of renovation to rekindle its Parisian glory and meet modern living standards. The exceptional location grants easy access on foot to museums, theatres, French luxury brand shopping or a 3 Michelin star meal at Le Bristol (only 2mn walk). For the rest of Paris just hop on the métro at Champs Elysées Clémenceau (Lines 1 & 13) or Miromesnil (Lines 9 & 13). Monthly charges €264.

Nestling on rue de Miromesnil in the administrative district of Madeleine at the heart of Paris’ über-chic 8th arrondissement, this 6 floor building is only 100m away from the Palais de l’Elysée – the French President’s official residence currently occupied by Emmanuel Macron. Some of the world’s best known landmarks and museums* are just a few minutes’ walk away – and yet, this double exposed (East/West) apartment is an oasis of calm as it sits on a quiet one-way street populated by galleries and antique shops frequented only by those in the know.

*Here are just a few: Champs Elysées, Place de la Concorde, Grand Palais, Petit Palais, Pont Alexandre III, André Jacquemart Museum, La Galerie Dior.

Apartment floorspace 85m² = 10 552 euros/m² - Room sizes: entrance (3rd floor) 3,27m² ; landing 7,98m² ; bedroom 1 14,28m² ; hallway 2.63 m² ; living room 24.22m² ; bedroom 2 11.88m² ; corridor 4.99m² ; cupboard 1.54m² ; bathroom 2.98m² ; kitchen 9.37m² ; WC 0.9m²

NB : Internal spiral staircase between 4th and 5th floors will be removed and ceiling filled by owner prior to sale

Current heating : individual electric radiators. Water heater (individual electric immersion heater, Brand: Thermor, Model: Malicio 2) installed in 2022 (estimate)

Potential gross rental return = €3 298 pcm = 4,41 %

Annual property tax : TBC

Transport : Métro Miromesnil (Lines 9 and 13) 200m on foot; Métro Champs Elysées-Clémenceau (Lines 1 and 13) 600m on foot
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Co-owned building of 2 units
Provisional annual charges: 3050€

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Information about risks to which this property is exposed is available on the Géorisques website : https://www.georisques.gouv.fr