Paris 8th : the prestige of enviable addresses

Encompassing renowned addresses such as Avenue Montaigne, Avenue George V and the iconic Avenue des Champs-Elysées, the 8th arrondissement boasts a very elegant array of real estate which acts like a magnet mostly on foreign buyers. Whether lively, residential or business neighbourhoods, this flagship arrondissement on the Right Bank has many different facets, and prices of equal diversity.

Near Parc Monceau and Saint Augustin, this smart private mansion on six floors opens out to a garden terrace. With its fine period features and ceilings 4 metres high, this residence of 576 m2 offers very beautiful reception rooms, 6 bedrooms, plus a conference room and screening room in the basement. Its amenities are completed by a cellar. 8,4 M €. Coldwell Banker Paris Capital (01 83 53 53 53).

Near Parc Monceau and Saint Augustin, this smart private mansion on six floors opens out to a garden terrace. With its fine period features and ceilings 4 metres high, this residence of 576 m2 offers very beautiful reception rooms, 6 bedrooms, plus a conference room and screening room in the basement. Its amenities are completed by a cellar. 8,4 M €. Coldwell Banker Paris Capital (01 83 53 53 53).

Close to Parc Monceau, this exceptional private mansion of 450 m2 on four floors reached by lift stands out for its smart contemporary decor. It is comprised of a vast drawing-room with a ceiling 6 metres high, 4 bedrooms including a master suite, and a summer lounge on the top floor, opening out to a leafy terrace. The basement offers a gym and a bedroom with bathroom. 5,9 M €. Mobilis (01 47 20 30 00).

Between Faubourg St Honoré and La Madeleine, this elegant apartment on the 4th floor of a handsome stone masonry building (1910) has been luxuriously renovated. Its living space of 285 m2 is comprised of an entrance foyer, a vast lounge, 4 bedrooms including a master suite, a study and laundry room. A cellar completes the property. 5,5 M €. Groupe Mercure (01 47 53 97 00).

Characterized by neighbourhoods with changing atmospheres, the 8th is a disparate arrondissement with a property market offering lots of contrasts. As Charles Daireaux of the Groupe Mercure explains : “There is not an 8th, but several 8ths ! The first and most prestigious is the famous Golden Triangle, defined by the Avenues Montaigne, George-V and Champs-Elysées, highly-prized by a foreign clientele and especially buyers from the Gulf. In this top-notch area, prices easily attain 15,000 € per sq. metre and can soar to 20,000 € or more for outstanding properties. We recently sold an apartment of 200 m2 in the Alma neighbourhood, offering a very beautiful view of the Seine, for 21,000 € per sq.m. The second sector, just as prestigious, is the area around the Faubourg Saint Honoré, including Avenue Matignon, Avenue Gabriel and the Rue du Cirque, where you find top international fortunes and prices similar to those in the Golden Triangle. The third area is comprised of the Faubourg du Roule and Parc Monceau neighbourhoods. They are elegant, residential, and more sought-after by French clients in this market, with prices ranging from 10,500 to 11,000 € per sq.m. Finally, the fourth area consists of the northern part of the 8th, with the neighbourhoods of L’Europe, St Lazare and Les Batignolles, which are again very different and mostly attract a clientele of French families. Prices here are more affordable, from 9,500 to 10,000 € per sq.m on average”.

While it does include a few private mansions, the prestige market in the 8th arrondissement is mainly comprised of chic apartments in elegant freestone Haussmann buildings. As explained by Matthieu Piffault of the Agence Paris Capital Coldwell Banker : “It is around Parc Monceau, especially on Rue de Messine but also on Avenue de Friedland, Avenue Hoche, Rue du Faubourg St Honoré and in the Golden Triangle that one finds the most magnificent Haussmann buildings. The 8th arrondissement, and particularly the Golden Triangle, draw wealthy international clients who, for a prestigious address, are ready to pay over 20,000 € per sq.m for a pied-à-terre or office premises. While pretty rare, the 8th also offers some sumptuous private mansions with courtyards of honour, terraces and/or gardens, like one we curently have for sale, priced at over 8 M €. In the 8th, however, as on the Parisian market in general, most demand is for apartments of 80 to 150 m2. A market which has shown real vitality since the beginning of the year, with lead times for sales considerably shorter, and prices on the rise. On the other hand, family apartments are still struggling to find takers, though we recently sold a 5th-floor apartment of 246 m2 on Rue de la Boétie, for 2.8 M €”.

By Sandra Serpero

Announces of interest

PARIS 8EME
Price : 3 200 000 €
Apartment for sale - 4 rooms - 125

Place de l'Alma, facing the river Seine

On the Place de l'Alma, in a beautiful stone building, on the 3rd and 4th floors, a 125 sq.m. (1345 sq.ft.) duplex opening onto the Seine and Paris, featuring : Entry Living room Dining... Ref : PP2-1585 - 25/06/2018

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PARIS 8EME
Price : 978 000 €
Apartment for sale - 2 rooms - 59

TRIANGLE D'OR

PARIS 8 - CHAMPS ÉLYSÉES - APPARTEMENT - 1CHAMBRE. Dans immeuble pierre de taille entièrement modernisé, au 4ème étage sur cour paysagée en exposition sud-ouest, un 2 pièces rénové... Ref : MO1-4487 - 24/06/2018

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PARIS 8EME
Price : 4 800 000 €
Apartment for sale - 8 rooms - 330

Paris 8th District - An exceptional apartment near Parc Monceau.

This magnificent duplex apartment in an entirely renovated late 19th century building boasts a spacious entrance hall on the "piano nobile" featuring a remarkable staircase, solid oak panelling, a... Ref : 1326065 - 24/06/2018

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PARIS 8EME
Price : 2 950 000 €
Apartment for sale - 4 rooms - 135

TRIANGLE D'OR

PARIS 8TH - TRIANGLE D'OR - TOP FLOOR - 3 BEDROOMS. In a sough-after location of the 8th district, within walking distance from the famous avenue Montaigne and the Champs-Élysées, 135sqm apartment... Ref : MO1-5541 - 24/06/2018

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PARIS 8EME
More than 10M€
House for sale - 20 rooms - 705

Sole Agent Splendide private mansion 705,70 sq.m for sale, Paris 8...

Paris 8 - Etoile. Sole Agent. On the avenue Hoche, one of the most prestigious Paris' avenue, this high quality asset is between the place de l'Etoile, the place des Ternes and the parc Monceau.... Ref : 0722 - 24/06/2018

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PARIS 8EME
Price : 2 650 000 €
Apartment for sale - 5 rooms - 149

Paris 8th District - An architect-renovated family apartment.

François 1er. This superb 150 sqm apartment is on the first floor of a fine late 19th century freestone building in a prime location in the capital's prestigious Golden Triangle. Renovated... Ref : 265891 - 24/06/2018

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PARIS 8EME
Price : 1 790 000 €
Apartment for sale - 4 rooms - 76

Paris 8th District - A superb pied a terre.

This bright apartment is on the fifth floor of a recently renovated freestone building facing the prestigious Village Royal shopping area and just a stone's throw from faubourg Saint-Honoré, Rue... Ref : 794233 - 23/06/2018

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PARIS 8EME
Price : 3 600 000 €
Apartment for sale - 7 rooms - 270

Apartment for sale in Paris 8th, Avenue Marceau

Located in an exclusive residence just a short walk from the Arc de Triomphe, this beautiful and well-lit apartment offers 270 sqm of living area comprising two living rooms, a dining room and five... Ref : PRD-3608-IT - 23/06/2018

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