Paris-Isle of France, Paris

A46869DPE75 - Other highlights of this historic neighbourhood : Île Saint-Louis enjoys an absolutely central location, right in the heart of Paris, whilst giving the feeling of being in a well-preserved village. With its considerable appeal to buyers, it is just a few minutes’ walk from Notre-Dame, Île de la Cité, the Marais, the Latin Quarter and Saint-Germain-des-Prés, yet the island retains an elegant, peaceful and almost provincial atmosphere. Investment corner : It is arguably one of the most heritage-rich and sought-after residential areas in Paris, boasting a remarkable architectural. This is arguably its main property appeal, with a concentration of 17th and 18th century townhouses and buildings, featuring numerous stone façades, high ceilings, exposed beams, fireplaces and period features. The Seine flows all around, with the Quais de Bourbon, d’Anjou, de Bethune and d’Orléans offering pleasant walks, views of the river and a real breath of fresh air in the heart of Paris.

The rental value for this type of property ranges from €41.20/m² (DRIHL reference rent) to €49.40/m² (DRIHL increased reference rent), i.e. € 955 excluding service charges, representing a projected gross yield of 3.58 per cent. Total freehold shares: 90/1000.

Features : A small intimate block of flats (8) ideally situated away from the hustle and bustle of city life, offer volume, this is the first time it has been put up for sale in 21 years, 2 windows facing the street, west-facing, 2nd floor of 4, two flats on this floor, secure building (Vigik + intercom/digital code), maintenance contract for communal areas, very friendly neighbourhood with no anti-social behaviour, high-speed fibre-optic broadband in the building, built-in cupboards, individual electric heating, terracotta floor tiles and original beams, service charges 160 €/month, property tax 499 €/year, most recent works: façades in 2006, renovation work on communal areas needed to enhance the building’s value, ideal as a first home, a second home or an investment. Secure neighbourhood and ideal for children studying in Paris.

Details of floor areas for the properties included in the price:
- Apartment No. 10 : 19,33 sqm = 16 295 euros/sqm
- Floor areas: 19.65 sqm of living space; 19.01 sqm (Carrez)
Details of the 2nd floor : entrance area 0.71 sqm; Kitchenette 0.70 sqm; Living room 14.20 sqm; Bathroom/WC 4.04 sqm

Situated in the heart of the Notre-Dame administrative district, this four-storey building plus ground floor was built around 1800 and comprises 9 flats. It stands on a 65 m² plot, 200 metres from Pont-Marie metro station (Line 7) and 520 metres from Saint-Paul metro station (Line 1). The catchment area includes Collège François Couperin (350 m away), the Sorbonne Jussieu campus (500 m away), École privée Massillon (700 m away) and Lycée Charlemagne (750 m away). A Vélib’ station is just a stone’s throw away.

In the 4th arrondissement district, the Île Saint-Louis is, along with the Île de la Cité (Notre Dame), one of the two natural islands on the River Seine in Paris today. You can cross it via its main street, Rue Saint-Louis-en-l’Île, and walk around it along the quays. Its name dates back to 1725, and legend has it that King Louis IX, known as Saint Louis, used to retreat to the Île aux Vaches – which was then situated on the eastern part of the island – to pray. The neighbourhood is a little architectural gem that perfectly embodies a certain French way of life and epitomises the ‘City of Light’; it is a prestigious location, particularly thanks to its many 17th and 18th century townhouses. Linked to the rest of Paris by six bridges, Île Saint-Louis is nonetheless a very peaceful place, sheltered from the noise and hustle and bustle of its surroundings and highly sought-after… Behind the unmarked intercoms of this ‘Parisian village’, political and media figures still reside.