Apartment 3 rooms in Paris 17e Arrondissement , Paris , Paris Isle of France

Secure building with reinforced door and digital entry code system, high speed fibre optic internet, easy off street parking, individual electrical heating system, hot water by collective gas boiler, freehold and small building renovation voted, 403€ / month service charge including hot water. Ideal as a pied-a-terre or investment, furnished rental potential of 3,573 euros/month = 2.26% annual return. Appartment accessible to persons with disabilities and reduced mobility and also perfect as an office for independent professionals. Currently rented until December 31, 2023.

In the heart of the Ternes administrative district, this 7-storey building on the ground floor was built in 1840, houses 2 buildings and has 27 apartments. It is erected on a 334m2 plot located 400m from Charles de Gaulle Etoile metro station (L1, L2, L6 & RER A) and 319m from Ternes Station (L2). Sectorized Collège André Malraux at 274m. Velib' station 2 steps away.

Area lot 41 & 55 : Total 116,77m2 - Carrez law 116,77m2
Weighted : 116,77m2 or 16.271 euros/m2
Freehold : 764/10509
Investment : Furnished rental potential of about 3573 euros/month ; = 2.26% annual return or ideal for flat share (4 or 5 bedrooms possible) for an increased yield of +17 to 25%.

17th Arrondissement - 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 and good for organic produce, artisanal breads, fresh fish and high-quality meat. La Cite 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 covers 10.8 hectares and includes state-of-the-art recreational facilities. Also 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 Congres of Paris, which is a large convention centre and concert venue.
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Co-owned building of 2 units
Provisional annual charges: 1454€

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Information about risks to which this property is exposed is available on the Géorisques website : https://www.georisques.gouv.fr