PARIS 75017 ETOILES, apart Duplex, 1 bed, 45m², top floor, no immediate neighbours, building dating from 1840

PARIS 75017 - Ternes/Etoiles – 1 bedroom – 45m² (weighted) – 360° view and floor plan available. This charming, move-in-ready property enjoys plenty of natural light and is situated on the 2nd and top floor of a 1840 stone-built building. Set in a quiet, secluded street, it boasts a sought-after address in the heart of a neighbourhood offering a remarkable quality of life, just 2 mn from the Argentine metro station. With no wasted space and a floor area of 52.97 m² (34.79 m² Carrez law), it comprises an attractive 33m2 living area, with 3 large windows providing plenty of natural light, including a lounge, kitchen, study and dining room, as well as a separate toilet. On the upper level, there is a bedroom and an open-plan bathroom with 2 windows offering unobstructed views of the sky. Ideally situated in the heart of Les Ternes, close to the Poncelet open market , cafés and bistros, restaurants, as well as the Arc de Triomphe and metro lines providing quick access to central Paris.

Among the other attractions of this elegant and vibrant residential neighbourhood is its ‘village-like’ atmosphere in the heart of Les Ternes. Often described as one of the few areas of Paris to have retained a genuine neighbourhood feel, it also benefits from excellent transport links and remains a renowned destination for Parisian gastronomy. There is a constant buzz of activity and a high quality of life thanks to Avenue des Ternes, Rue Poncelet and its year-round market, as well as its numerous food shops, cafés and restaurants. In terms of property, Les Ternes ranks among the most sought-after areas in the 17th arrondissement. The neighbourhood continues to attract sustained demand from families, professionals and international residents, particularly thanks to its strategic location between the Étoile, Porte Maillot and La Défense. It is therefore a sought-after heritage location, offering good long-term stability and generally smoother resale prospects for properties that are well presented and positioned.

Details of floor areas for the units included in the price:
- Apartment No. 6 : Weighted area 45.23 m² = 13 221 euros/m²
- Floor areas: 52.97 m² living space ; 37.49 m² (Carrez law area)
Areas details of this 2nd floor property : Living room / kitchen 34.61 m²; Bedroom / bathroom 17.67 m²; WC 0.69 m²

Investment corner :
- Rental value for this property : €1,795 / month excluding service charges = 3.60% projected gross yield (DRIHL reference: €39.70/m² increased reference rent).
- Ideal for shared flat with two potential bedrooms, offering an increased income of +17 to 25 per cent
- Total share of freehold ownership : 114/1031

Features: 2nd and top floor, fully refurbished in 2022 and ready to move into following a fresh coat of paint, recent and modern kitchen, north-west facing, plenty of natural light thanks to 3 large bay windows facing the street, access to a landscaped communal courtyard, spacious rooms and a prime location, cathedral-style ceiling heights ranging from 2 to 3 metres, original features includes oak parquet flooring and exposed beams, bespoke fitted wardrobes and storage with integrated sliding doors, a fitted mezzanine in the attic, two flats on this floor, secure building (Vigik, intercom/digital code and reinforced door), very pleasant neighbourhood with no nuisance behaviour, high-speed fibre-optic broadband, Ideal as a first home, a second home or an investment property. May also be suitable for running a professional practice without causing noise disturbance.

Monthly service charges : €325.73, including maintenance of the communal areas, plus €3.33 for the cold water meter and €17.64 for the renovation fund, making a total of €346.70 per month. Façade renovation work has been approved and paid for. The most recent works carried out were the communal areas in 2020. Council tax : €1,606 per year.

Situated in the heart of the Ternes administrative district, this historic building, dating from 1840 and comprising two storeys above the ground floor, consists of two blocks. The block facing the street contains five flats. The complex is situated on a 392 m² plot, 140 m from the Argentine metro station (line 1) and 370 m from the Etoile station (lines 2, 6 and RER A). A Vélib’ station is just a stone’s throw away.

Here are some characteristics of the 17th arrondissement:
It brings together prestigious neighbourhoods close to the Arc de Triomphe and Parc Monceau, as well as more working-class areas such as Place de Clichy, once frequented by 19th-century artists and writers, including Émile Zola, Édouard Manet and the painters of the École des Batignolles - Pissarro, Renoir, Degas - now recognised as the masters of Impressionism.
Long off the tourist trail, the 17th arrondissement is undergoing significant gentrification and now attracts a new generation of creators and artists. The neighbourhood offers some wonderful discoveries, notably the Marché des Batignolles, a covered market renowned for its organic produce, artisan breads, fresh fish and high-quality meats.
The Cité des Fleurs is a veritable oasis: a cobbled alleyway lined with elegant 19th-century townhouses, all with private gardens — an ideal stroll on a sunny afternoon. Nearby is the Square des Batignolles, a romantic late 19th-century garden with a duck pond, playgrounds and winding paths.
More contemporary, Martin Luther King Park, set to cover 10.8 hectares, offers modern green spaces and state-of-the-art facilities. The Jean-Jacques Henner Museum, housed in a charming 19th-century mansion, offers a refined cultural break.
Finally, continue your exploration at Cour Saint-Pierre, a passageway housing former stables that have been converted into artists' studios and pretty gardens, or take a detour to the Palais des Congrès de Paris, a vast convention centre that also houses a theatre, shops, restaurants and exhibition spaces.
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Co-owned building of 14 units
Provisional annual charges: 4381€

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