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 : 1 890 000 €
Apartment for sale - 5 rooms - 133

Golden Triangle - Family Apartment in Absolute Quietness

Near the Golden Triangle, and a stone's trhow from the Avenue George V and the Pont de l'Alma, in a period building, beuatiful family apartment of 132,50 m² (Carrez law) situated on the 3rd... Ref : V0172PA - 17/02/2018

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PARIS 8EME
Price : 2 000 000 €
Apartment for sale - 2 rooms - 64

For sale apartment of 64m² Paris 8th- Golden Triangle.

Located Avenue Montaigne, on the 7th and penultimate floor of a modern building, a 64 sqm apartment completely renovated with a terrace of 18 sqm and clear view. It consists of an entrance, a guest... Ref : PRD-2700-CJ - 17/02/2018

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PARIS 8EME
Price : 1 680 000 €
Apartment for sale - 5 rooms - 124

A VENDRE APPARTEMENT DUPLEX 5 PIECES 75008 MIROMESNIL.

A vendre proche métro MIROMENIL rue la Boetie appartement de 5 pièces de 124 m² environ dans une copropriété très soignée. Ce bien contemporain en duplex situé au deuxième et troisième... Ref : 2703 - 17/02/2018

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PARIS 8EME
Price : 1 150 000 €
Apartment for sale - 3 rooms - 70

Apartment with balcony for sale in Paris 8th, Golden Triangle.

Located near the Avenue Montaigne, in the heart of the Golden Triangle neighbourhood, this apartment offers 72 m² of living area on the second floor of a beautiful stone building. In need of... Ref : PRD-3311-CJ - 17/02/2018

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PARIS 8EME
Price : 1 684 000 €
Apartment for sale - 5 rooms - 124

Paris 8th district - Rue de la Boétie - Saint-Augustin.

In a luxury freestone building, located on the third floor, a 130 sqm family duplex apartment comprising a living room with equipped kitchen. On the second floor, served by an internal staircase and... Ref : 635432 - 17/02/2018

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PARIS 8EME
Price : 2 520 000 €
Apartment for sale - 5 rooms - 180

Saint Augustin.

Au dernier étage noble d' un bel immeuble Haussmannien, seul à l' étage , un appartement en parfait état, traversant, comprenant, entrée, salon avec salle à manger mitoyenne, cuisine équipée... Ref : PRD-3427-JCCJ - 17/02/2018

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