Preferences Preferences To safeguard0
Contact us
Paris Ouest (Paris 16ème - Victor Hugo)
Sotheby's International Realty
Paris Ouest (Paris 16ème - Auteuil)
Sotheby's International Realty
Paris Ouest (Paris 17ème - Etoile Monceau)
Sotheby's International Realty
Paris Ouest (Neuilly-sur-Seine)
Sotheby's International Realty
Paris Ouest (Hauts-de-Seine - Yvelines)
Sotheby's International Realty
Paris Marais
Sotheby's International Realty
Paris Est
Sotheby's International Realty
Send an email

Preferences

Currency

My research
  1. Home
  2. >
  3. All news
  4. >
  5. Press
  6. >
  7. The Landmark Sale of Valéry Giscard d'Estaing's Mansion: A Triumph of Luxury Real Estate by Sotheby's International Realty

The Landmark Sale of Valéry Giscard d'Estaing's Mansion: A Triumph of Luxury Real Estate by Sotheby's International Realty

BFM Immo 10.06.2024

Share this link
The Landmark Sale of Valéry Giscard d'Estaing's Mansion: A Triumph of Luxury Real Estate by Sotheby's International Realty

The recent sale of the former mansion of Valéry Giscard d'Estaing, located on rue Bénouville in the prestigious 16th arrondissement of Paris, perfectly embodies the excellence of luxury real estate in Paris. This magnificent mansion, a jewel of Parisian architecture, was brilliantly sold by Paris Ouest Sotheby’s International Realty, showcasing their unrivaled expertise in the field of luxury real estate. Valéry Giscard d'Estaing lived in this residence for nearly 60 years, including during his presidential term, adding a historical and personal dimension to this exceptional property.

A Historic and Prestigious Location

This mansion, designed by architect André Bérard in 1885, offers a sumptuous setting with its 1,230 square meters, including 920 square meters of living space, spread over three floors. The property includes 17 rooms, a master suite, and 10 bedrooms, as well as a 500 square meter garden and 45 square meters of terraces. The sale of this property is not just a real estate transaction but also a testament to Parisian history, having been the residence of Valéry Giscard d'Estaing for nearly 60 years.

A Coveted Sector for Luxury Real Estate

The 16th arrondissement of Paris, particularly the area around Avenue Foch, is renowned for housing numerous diplomatic missions and embassies. This strategic and prestigious location offers an ideal setting for luxury properties, as evidenced by the recent sale of this mansion.

The Mastery of Paris Ouest Sotheby’s International Realty

Paris Ouest Sotheby’s International Realty, a high-end real estate agency in Paris, has once again demonstrated its expertise by completing this landmark sale. Frank Sylvaire, associate director of Paris Ouest Sotheby’s International Realty, emphasized the historical and diplomatic importance of this property, now destined to house a new embassy. This sale highlights the agency's ability to handle high-level transactions and meet the specific needs of prestigious clients.

Indeed, this landmark sale is not only proof of the agency's competence but also a testament to their commitment to excellence in luxury real estate. Paris Ouest Sotheby’s International Realty, with its team of experts, has succeeded in attracting international buyers seeking high-quality properties, thereby reinforcing Paris's position as a preferred destination for luxury real estate. Frank Sylvaire, a specialist in luxury sales, noted that "the neighborhood, known for housing around a hundred foreign diplomatic missions, including more than 70 embassies, is particularly suitable: it offers a prestigious setting in one of the most fashionable areas of the capital."

A Prestigious Buyer

The mansion was acquired by an embassy, which underscores the ongoing interest of international entities in prestigious properties located in emblematic neighborhoods of Paris. This purchase highlights the enduring appeal of luxury apartments for sale in Paris and, more specifically, in the 16th arrondissement, as well as prestigious villas for international buyers looking to invest in high-quality properties. Foreign buyers are often attracted to the historical and architectural charm of Parisian residences, as well as the stability and security that an investment in real estate in a leading global capital represents.

Additionally, Paris's reputation as a cultural, economic, and political center enhances the appeal of these high-end properties. International buyers also appreciate the diversity of services and amenities offered by the city, as well as its rich heritage. Prestigious neighborhoods like the 16th arrondissement, where this mansion is located, are particularly sought after for their exclusive environment, renowned schools, and proximity to international institutions and embassies.

"It is an iconic sale, both for the exceptional nature of the place and for the history it has witnessed," said Alexander Kraft, CEO of Sotheby’s International Realty France-Monaco, in remarks reported by BFM TV on Monday, June 10. In 1984, VGE had bought this mansion for 6.5 million francs (about 2.13 million euros). After the former president's death, the mansion was bought in 2022 by Charles Beigbeder, who paid 19 million euros, recalls BFM TV. Two years later, Frank Sylvaire, associate director of Paris Ouest Sotheby’s International Realty, managed to sell it to an embassy that confirmed the sale on February 15. "This historic treasure, a symbol of history and diplomacy, will now house the premises of a new embassy," he explained. He added: "The neighborhood, known for housing around a hundred foreign diplomatic missions, including more than 70 embassies, is particularly suitable: it offers a prestigious setting in one of the most fashionable areas of the capital."

Exclusive Services for a Demanding Clientele

As a bilingual French-English luxury real estate agency in Paris, Paris Ouest Sotheby’s International Realty offers a comprehensive range of services, including luxury real estate appraisal in Paris and high-end property management in Paris. Their expertise also extends to luxury real estate investment in Paris, offering expert advice for the purchase of luxury properties.

Exceptional Properties in Prestigious Neighborhoods

The agency specializes in properties located in the most sought-after neighborhoods of Paris. Whether you are looking for a renovated Haussmann apartment in the 16th arrondissement, a villa with a panoramic terrace in Neuilly-sur-Seine, or an 18th-century château for sale in Versailles, Paris Ouest Sotheby’s International Realty can meet all your expectations.

Conclusion

In short, the sale of Valéry Giscard d'Estaing's mansion by Paris Ouest Sotheby’s International Realty is a perfect example of their competence and dedication to luxury real estate. Thanks to their expertise and in-depth knowledge of the Parisian market, they continue to redefine the standards of luxury real estate in Paris. For any luxury real estate appraisal in Paris or to discover exceptional properties, contact Paris Ouest Sotheby’s International Realty, your trusted partner in luxury real estate.

The latest articles

The Renaissance of the Hôtel Particulier of Valéry Giscard d’Estaing: A New Life in the Name of Luxury
Read more

The Renaissance of the Hôtel Particulier of Valéry Giscard d’Estaing: A New Life in the Name of Luxury

The former hôtel particulier of Valéry Giscard d’Estaing, located in the prestigious 16th arrondissement of Paris, is once again in the spotlight. This iconic residence, which has witnessed several decades of Parisian and political life, is entering a new era with...

Read more
The Most Prestigious Communes in the Paris Region and Their Price per Square Meter
Read more

The Most Prestigious Communes in the Paris Region and Their Price per Square Meter

The Paris region offers numerous luxurious communes that are highly desirable for living, attracting enthusiasts of prestigious real estate. Among them, Neuilly-sur-Seine stands out for its prestigious living environment and high-end real estate market. This chic...

Read more
A Luxury Property for Sale: The House of Zach Filkins
Read more

A Luxury Property for Sale: The House of Zach Filkins

Zach Filkins, the talented lead guitarist of the pop rock band OneRepublic, is selling his sumptuous home, a true luxury villa, located in the Chicago area for $3.75 million. Filkins and his wife Lindsay purchased this luxury house in La Grange, Illinois, about...

Read more