Created by two celebrated French developers, this two-bedroom new-build apartment is superbly located in the western part of Paris’s 15th arrondissement and is a short walk away from the Pont du Garigliano tram stop and Lourmel (line 9) and Convention (line 12) metro stations. Plus, the ground floor of the development is conveniently occupied by a number of amenities including a gourmet food shop, a nursery and a restaurant.
This apartment is part of a huge new-build project ranging from studios through to spacious four-bedroom apartments. This property spans 84 sqm and features an open-plan living and dining area of 43 sqm, a fully equipped kitchen, two double bedrooms and a charming 17 sqm balcony with shared access from the living room and both bedrooms.
New-build properties rarely become available in this sought-after part of Paris 15, making this apartment a rare find. A cosmopolitan yet authentic Parisian neighbourhood, demand for properties in Paris 15 currently outstrips supply which means that this property not only has strong potential for capital appreciation and is perfect for long-term rentals too. Property prices in this sought-after arrondissement have increased by 26.8% over the past five years.
As a new build, future owners will benefit from reduced notary fees of between 2 to 2.5%. In comparison, resale projects have much higher notary fees of 7-8%.
One of the largest arrondissements, Paris 15 is located in south-west Paris and borders the 14th, 6th and 7th arrondissements. Well-served by public transport, the lively 15th arrondissement provides easy access to the centre of Paris and the peripherique. A favourite with young families, this neighbourhood is home to a number of excellent schools and an eclectic mix of Haussmannian and contemporary architecture.
The 15th arrondissement is also a very green neighbourhood as it has a plethora of beautiful parks to explore such as the sprawling Andre Citroen park and Georges Brassens park with its famous book market.
Why buy with Athena Advisers?
Athena Advisers - 17 years of added value
When investing in French property, there is much more to consider than the basics like the location or views. At Athena Advisers we stand out from our competitors. We are the only company with dedicated teams to help our international clients choose, finance, design, furnish and manage their properties on an ongoing basis.
360° purchase support
In addition to organising property viewings from our offices in Paris, Annecy (French Alps) and Cannes, our in-house teams also support clients through every step of the purchase process. We decode the paperwork and contracts and become the bridge between all the different legal and official parties involved in the purchase, guiding our clients through every step of the process.
20% VAT rebate
If the owner of a new property intends to rent it on an ongoing basis when they are not occupying it, Athena can help them reclaim 20% VAT from the purchase price. It will need to be rented furnished, on short term lets, with 3 hotel type services in place e.g. Cleaning, laundry, key holding. Athena can provide the full reclamation service subject to conditions and a one-off fee. Interested? Get in touch to find out more.
Mortgage rates in France are currently at all-time lows but obtaining a French Mortgage for a non-resident can have many pitfalls. The experienced and multilingual team at Athena Private Finance, alongside its French-focused sister company, French Private Finance, can help you identify your options and navigate the often stringent French banking system. They can provide a free decision in principle in minutes and thanks to more than 10 years of experience, they can also assist you with insurance, bank accounts and legal & tax advice.
Complete rental management
The newest arm of Athena, Athena Collection, provides complete management and rental services for our clients using on-the-ground, local expertise and valuable partnerships. They offer a smooth, worry-free and dependable service all with the aim of achieving the maximum yields possible for every home they feature.
Where the property shown within this listing is off-plan, the images used may just be for indicative purposes only. Please ask for further details to ensure you understand the correct layout of this property.
Internal reference: AthenaParis15AtVaug12