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In the heart of the luxury Real Estate, in the prestigious 16th arrondissement

Le Point 03/03/2024

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In the heart of the luxury Real Estate, in the prestigious 16th arrondissement

In the distinctive realm of luxury real estate in Paris, the 16th arrondissement holds a prominent position, characterized by its exceptional charm and unparalleled quality properties. Contrary to common belief, which often reserves it for the financial elite, this sector offers a variety of properties, ranging from luxury apartments to historic mansions, thus reflecting the wealth and architectural diversity of Paris. Under the expert direction of Paris Ouest Sotheby's International Realty, a major player in the valuation and marketing of these exceptional properties, the 16th arrondissement is showcased.

At the heart of the 16th, real estate prices start around €10,000/sqm and can reach over €15,000/sqm in some cases, depending on the location and prestige of the address. Avenues such as Foch and Henri-Martin stand out, elevating Parisian luxury to its zenith and attracting an international clientele in search of spacious and sumptuous luxury apartments. These properties offer generous living spaces, often exceeding 400 sqm, and boast breathtaking views of iconic landmarks such as the Arc de Triomphe. Each property selected by Paris Ouest Sotheby's International Realty is the result of a quest for excellence, offering high-end finishes, noble materials, and unique features.

Located in the prestigious area bordered by the Étoile, Alma, and Trocadéro, the Chaillot-Victor-Hugo district is famous for its spacious Haussmann-style apartments, offering three to five bedrooms on areas ranging from 250 to 300 square meters, with a starting price around €12,000 per square meter. The value of these apartments reflects the elegance of the main rooms overlooking the street and the more intimate layout of the secondary rooms overlooking the courtyard. The proximity of the renowned Janson-de-Sailly high school amplifies interest in this area, making education a crucial criterion for families. This desire is reinforced by the preference for accommodations offering open and bright perspectives.

Passy-La Muette stands out for its residential atmosphere and varied architecture, ranging from Haussmannian to Art Deco. The increased presence of foreign clientele in this area illustrates the attractiveness of the 16th for international investors, attracted by the large volumes and prestigious addresses. The area benefits from an idyllic setting, enhanced by the proximity of the Ranelagh Gardens, offering a space of tranquility and relaxation in the heart of the capital.

Auteuil, with its village atmosphere and slightly more affordable prices, completes this panorama of luxury real estate. It is an area that has evolved, offering quality properties while preserving authentic charm and a green environment. These developments underline an increased demand from buyers, who are no longer willing to compromise on aspects such as brightness or floor height. Auteuil provides access to exceptional individual habitats, nestled in private lanes and flowered hamlets, these rare properties exude serenity and luxury, inviting total immersion in the charm of the 16th arrondissement. Even more prestigious, Villa Montmorency epitomizes luxury and exclusivity. This ultra-secure estate, located in close proximity to the Roland-Garros tennis courts, is synonymous with prestige. With prices starting at €5 million, it attracts clientele seeking an exceptional environment, combining privacy, security, and prestige.

Paris Ouest Sotheby's International Realty, with its expertise and in-depth market knowledge, plays a key role in the marketing of these exceptional properties. Raphael Sonigo and his team highlight the exclusivity and uniqueness of each property, meeting the expectations of clientele seeking luxury, comfort, and elegance. The rigorous selection of properties and attention to detail make Sotheby's International Realty the preferred partner of the most demanding buyers.

Despite a fluctuating economic context, the 16th arrondissement of Paris retains its appeal, reflecting a slight recovery in transactions and renewed interest in luxury and prestige. The arrival of new commercial brands and leisure offers helps energize this space, reinforcing its unique identity and appeal to bourgeois families and international investors. The presence of numerous renowned educational institutions continues to play a decisive role in purchase decisions, confirming the 16th as a privileged living area for those who prioritize an exceptional living environment.

The 16th arrondissement of Paris remains an essential reference in the world of luxury real estate. Under the guidance of Paris Ouest Sotheby's International Realty, these unique properties resonate with a clientele seeking exclusivity, luxury, and history, thus perpetuating the tradition of excellence and elegance that characterizes the French capital.

Discover the 16th district richness here.
 

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