International Luxury Real Estate has added to their hand-picked luxury real estate collection a limited number of spectacular, architect designed residences along the Seine in the heart of central Paris.
The new build luxury apartments, located in the heart of Paris’ 4th arrondissement, offer studios and 1-4 bedroom units priced from 505,000 Euros. The popularity of Paris property at the moment is beaten only by its investment potential, but new development land is extremely scarce, making the opportunity to buy into an ultra-modern new development in such a highly sought-after riverside location all the more special.
John Hagelin, director of International Luxury Real Estate explained that only 73 units will be available for sale, and that the exceptional location and the exquisite design make this a unique offering for Paris. “But the best feature is something man cannot manufacture, the glorious views of the Seine in all its glory,” he said.
The building will be developed in an environmentally friendly way with features such as solar panels installed in the terrace roofs to heat the building’s water supplies and high performance thermal and acoustic insulation of the façades ensuring greater comfort and savings for residents year round.
Although just recently launched, there is already strong interest in the development with luxury residences being acquired by French buyers and foreign investors according to Hagelin.
Though this does not take any believing as over the years, Paris has remained one of the most desirable cities in Europe and Paris real estate continues to attract international buyers. According to data from Knight Frank, prices of prime property in Paris have increased by around 20% since early 2010 when the recovery began.
But location, stability and statistics are only part of the story when it comes to Paris apartments, perhaps more so than elsewhere. Paris is the international city of romance and a beacon of culture, renowned for its architecture, museums, art galleries, the Eiffel Tower, and a fantastic lifestyle. The 4th arrondissement is known for areas and sites such as Hôtel-de-Ville (Paris’ city hall), Place des Vosges (the oldest public square in Paris), the Centre Pompidou (Paris’ premier modern art centre), and the picturesque Marais district.
The new development is therefore at home in Paris, representing the epitome of modern luxury (bath tub by Jacob Delafon, modern Italian glass shower, fittings by Hansgrohe, wall-hung toilets by Geberit, heated towel rack and Inda bathroom cabinets), while being architecturally designed to blend in perfectly with its period surroundings.
The architecture is spectacular, a curvaceous exterior blurs the outdoor/indoor divide while the huge windows and balconies maximise the stunning views over Seine and the interior gardens. The spectacular apartments boast private terraces or balconies and bespoke floor plans. Using the optional PRIVA-LITE partitions that change from opaque to transparent at the flick of a switch, allow owners to convert the purpose of the living space. An open kitchen, a living room or a home cinema – the same area can take on many different looks and uses.
The property, which is scheduled to be completed second half of 2014, is developed by France’s leading developer in the upscale real estate market. With up to 85% finance available (subject to terms), this is a great opportunity to enter the resilient Paris property market.
The freehold Paris apartments for sale are available from International Luxury Real Estate.
About International Luxury Real Estate:
International Luxury Real Estate (www.ilre.com) is a premier real estate company for newly built properties for sale in exclusive boutique developments and resort communities around the world. Whether you are seeking a second home, vacation home, or investment property or a combination, International Luxury Real Estate offers the very best in new build luxury real estate for sale.