Paris XV (Paris area)

Ile de France 75

Delivery date : First trimester 2014          Type : Apartment

Description

PRIME LOCATION IN PARIS CENTER , we have 40 apartments for sale in an Art Deco style building in the sought after XV arrondissement. South of the Eiffel Tower, in the Montparnasse district , close to the Porte de Versailles it is truly a great opportunity to invest in Paris.  A district combining residential living and commercial with some great shopping areas ( Vaugirard & Convention) , beautiful parks (André Citroën or Georges Brassens), and an easy access via the Metro, Tramway, Bus to Paris most touristic spots. 

The residence was opened in 1927 in a typical architectural style of the 30s, with stone facades. The building benefits from an inside courtyard with landscape gardens, the apartments are mainly studios and 1 bed apartments with a couple of 2 bed apartments. The building, gardens have been entirely renovated and all the apartments will now be renovated. 

 

Investment facts

  • Property price (average & overall surface area) without parking is 9 780€/m2
  • Bare property price (average & overall surface area)without parking is 6 357 €/m2
  • Purchase price bare property: 65% of its value
  • Term of lease: 18 years
  • Notary fees: calculated on the bare property price

Access

  • By metro:  Line 12 -station Porte de Versailles (750m) , Convention (650m) to Montparnasse, Madeleine & Saint Lazare 
  • By Tramway : Station Georges Brassens ( T3  Porte d'Ivry) and Porte de Versailles ( T2 La défense - Issy / Val de Seine ) at 500m
  • By Bus : 3 lines - 80, 39 and 62 
  • By Vélib: Station 100m 

 


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