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 : 1 690 000 €
Apartment for sale - 6 rooms - 160

ST PHILIPPE DU ROULE

On the 5th floor of a Haussmann building with lift, apartment of 160 m² comprised of : a lovely entrance foyer, lounge with hearth, dining-room, 3 bedrooms, study, fitted and fully equipped kitchen,... Ref : CBPC-RG-04 - 11/12/2017

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PARIS 8EME
Price : 3 350 000 €
Apartment for sale - 4 rooms - 194

AVENUE DE FRIEDLAND, PARIS 8TH

Superb apartment of 194 m² on the top floor of a freestone building, comprised of an entrance hall with wood panelling, a magnificent reception room with a ceiling 6.5 metres high, giving onto a... Ref : 1724814 - 11/12/2017

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PARIS 8EME
Price : 1 150 000 €
Apartment for sale - 2 rooms - 47

Paris 8th District - Golden Triangle - Avenue Montaigne.

In a prestigious building of the Avenue Montaigne, a beautiful 1-bedroom apartment. It comprises a living room, a bedroom and a bathroom. A cellar completes this property. Ref : 1702406 - 10/12/2017

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PARIS 8EME
Price : 2 425 000 €
Apartment for sale - 3 rooms - 81

Luxury 2-bedroom apartment on avenue George V

Avenue George V On the 5th floor of a modern building with 24/24 concierge and lifts, 81sqm apartment with balconies comprising a large living-room with an equipped kitchen, 2 bedrooms and 2... Ref : AG-587 - 10/12/2017

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PARIS 8EME
Price : 3 350 000 €
Apartment for sale - 4 rooms - 194

Sale Apartment Paris Friedland - 194m2

APARTMENT TERRACE Living area: 194 m2, 4 rooms, 2 bedrooms, 75008 PARIS 5th floor on 6, Elevator, terrace, 1 bathroom, 1 shower room, 1 cellar. et #128; 3 450 000 Paris 8th - Balzac /... Ref : 145287442870 - 10/12/2017

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PARIS 8EME
Price : 3 055 000 €
Apartment for sale - 6 rooms - 186

AU C?UR DU TRIANGLE D'OR - ENTRE MONTAIGNE ET FRANÇOIS PREMIER.

TRIANGLE D'OR Between Avenue Montaigne and Francis I, in a beautiful Haussmann style building, former offices for renovation, measuring 186 sqm (2002. 1 square feet), a beautiful apartment on the... Ref : 3837 - 09/12/2017

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PARIS 8EME
Price : 5 500 000 €
Apartment for sale - 6 rooms - 285

Paris 8th - Faubourg St Honoré / Madeleine, luxurious 285 sq.m. 4...

For sale - Paris 8th between the rue du Faubourg Saint Honoré and La Madeleine, a magnificent 4 bedroom apartment luxuriously renovated, on the 4th floor of an elegant 1910 building. 285 sq.m.... Ref : 13153va - 09/12/2017

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PARIS 8EME
Price : 5 400 000 €
Apartment for sale - 5 rooms - 205

Appartement à vendre 200 m² rue Lincoln 75008.

HOTEL FOUR SEASONS GEORGE V Located in the heart of the Golden Triangle, close to the Four Seasons George V, avenue Montaigne and the Champs Elysees, on the second floor of a very elegant dressed... Ref : 3898 - 09/12/2017

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