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Apartment 2 rooms in PARIS XVII , Paris , Ile de France

€355,000 £315,286**
Ref: 98025AMU75
french property for sale
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Paris 17th | 50 sq m - Rare investment opportunity few steps away from the Hyatt Tower and the affluent neighbourhood of Neuilly, quiet 1 bedroom apartment in the heart of à busy area, entirely renovated and offering 50m2 + many in house facilities on the 1st floor of the Hesperides de Ternes seniors building

Anca Munteaunu , your local Leggett agent, says :

Price €355 000
agency fees to be paid by the seller
Ref 98025AMU75
Town PARIS XVII
link to google map MAP
Dept Paris
Surface 50 M2* Plot Size 0 M2
Bathroom 1 Bedrooms 1
Location
  • City property
Type
  • Apartment
Features
  • Business potential
  • Double glazing
  • Private parking
  • Wheelchair friendly
Condition
  • Excellent condition
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Paris 17th - Porte Maillot - 2 room | 50m2 - Located just opposite famous French beauty brand Clarins headquarters, on the border of flowery town of Neully, steps away from the Exhibition and Trade Center Le Palais de Congrès de Paris, in front of the upscale hotel Hyatt Regency Paris Etoile, with dining & city views and close to the ring road which enables avoid Parisian traffic, exceptional rental investment or à “pied à terre” in the Hesperides de Ternes sold optionally furnished (for an additional 5000 €). Two room apartment offering 50 m2 on the 1st floor with estimated annual rent of € 19200 and à yield of 5.4% (!!!), net of current operating expenses of 600 € / month (and excluding property tax of 900 € / year). The residence offers access to a private park, reception 24/7, medical and dry cleaning service, conference room, guest room for your visitors, fitness & massage room, sauna, 24 parking places for visitors, business and entertainment lounge area with restaurant, bar, library, bridge tables, rooftop sunroom with panoramic views (360°) of Paris and Eiffel Tower. The fully equipped apartment includes an individual kitchen fully fitted, à double exposed living room, à large bedroom with built in wardrobe, à bathroom with shower and toilet. Supplementary storage space is available in the vast entry hall and à sizeable cellar completes this property ideally located in the heart of Hesperides de Ternes building with the rental and management provided by SOPREGIM, French leader in the service residences management market. À parking place for additional 50000 € is available in the building’s basement. Read more ...

Asset acquisition in French service residences : Real estate investment in a service residence consists in acquiring a property dedicated to renting and entrusted to an operator who is responsible for the management of the entire residence. It consist of small and well-distributed apartment, always located at the heart of business districts and offering a wide range of services. These properties are tailor-made for a demanding clientele of travel professionals and tourists or retired people to ensures maximum occupancy.

Built over 14 floors, this 1978 property is located in the area of Ternes and includes 168 apartments. The residence is constructed on a plot of 11136 m² located 420 m from Porte Maillot metro station (line 1), the nearest one.

17th Arrondissement - The 17th district is a somewhat upscale area that combines quiet upper-middle class neighbourhoods near the Arc de Triomphe and Parc Monceau and spots such as Place de Clichy, former stomping grounds frequented by 19th century artists and writers including Emile Zola and Edouard Manet and where artists of the Ecole des Batignolles such as Pissarro, Renoir, and Degas (known today as the Impressionists) used to live and socialise. Situated on the right bank of the River Seine, the relatively quiet arrondissement is now experiencing a marked gentrification process. The neighbourhood hasn't quite made it onto the average sightseeing itinerary but has recently become a trendy district for young ‘créateurs’ and artists, a good sign for the Batignolles district. It is an interesting area to explore with Le Marché des Batignolles, a popular covered market, good for organic produce, artisanal breads, fresh fish and high-quality meat. La Cité des Fleurs, an oasis of elegant, 19th-century townhouses with private gardens and a cobblestoned lane is a lovely walk on a sunny afternoon. Just behind is the Square des Batignolles, a romantic-style garden built in the late 1800s, offers a duck pond, children’s playgrounds and gently rolling paths for strolling. The Park Martin Luther King
, the newest green space will eventually cover 10.8 hectares and includes state-of-the-art recreational facilities. Then head to the Jean-Jacques Henner Museum to see world-class art in a 19th century mansion. End your exploration with a stroll down Cour St-Pierre, a passage of old horse stables converted into artists’ studios and pretty gardens or head to the Palais des Congrès of Paris, which is a large convention centre and concert venue.

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