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District VII


France - Paris

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District VII - Paris

Located on the left bank, the 7th district is one of the most bourgeois of Paris. It includes central, prestigious and affluent neighbourhoods more commonly known as "the beautiful district". The building stock is thus made up of former private mansions converted today into many national and international infrastructures such as assembly, military school, UNESCO headquarter ...There are also many shops and other haute couture boutiques that allow a wealthy clientele to have a good time.Let us not forget that the 7th is the cradle of the famous "Eiffel Tour".

Listings in District VII
Market Overview

The luxury property market remained strong during the year of 2016 and the trend is expected to extend to 2017.

The end of 75% taxes and the readjustment of prices of luxury real estate were triggers of this renewed attractiveness in Ile de France. 

Moreover interest rates are still attractive and estimated at 2.19% in January 2016. Paris also benefits from a favorable price differential compared to other capital of luxury real estate like New York, Miami or London. Maintaining the euro against the dollar helps to maintain the purchasing power of non-European customers.

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Buying basics

A company or an individual investor wishing to acquire a real estate will follow the following procedure: First, there is the promise of sale which is signed between a buyer and a vendor. Then, the buyer usually places a deposit of 10% of the property price in the hands of the notary. This security deposit guarantees the buyer's commitment. If the buyer cannot purchase or does not wish to continue with the purchase anymore, he loses the 10% he has paid which, are given to the seller. The notary then collects various documents (entitlement of the parties, mortgage situation, town-planning, property verification...). After the notary has collected all the documents, the Final Sales Agreement is signed. It is a deed and is almost indisputable in court. French law imposes various taxes, such as the local property taxes and the wealth tax. To benefit from some tax or succession measures, it may be interesting to manage a property through a SCI. A SCI requires no minimum capital. Whatever the nationality of the buyer, any individual or legal person may be involved in a SCI. The SCI provides an interesting inheritance tax planning tool for families.

Agents in District VII

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Paris
Hotspots in Paris

Paris is the French capital, its agglomeration includes more than 20 million inhabitants. Paris is at once the economic, political and cultural capital of France. The capital is full of famous places such as "The Eiffel Tower", "Triumphal Arch", "Notre Dame Cathedral" or "The Louvre Museum". Paris is the third world touristic destination in 2016 behind Bangkok and London. Paris is a very popular destination for investors, it is quite possible to enjoy a prestigious property in Haussmann-style buildings, or a property that overlooks the “Jardin des Tuileries, the “Palais Royal” or the edges of the Seine.

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Featured Portfolio

Apartment For Sale In District VII, Paris

FR-00007-26286 | Listed by agence-varenne-7eme

RUE DE VERNEUIL Aux deux dernier étages d'un élégant immeuble pierre de taille avec ascenseur, un appartement en duplex de 117 m2 ouvrant sur un balcon terrasse de 20m2 environ et exposé sud. Ce rare bien parfaitement au calme est composé, au cinquième étage, d'une entrée, un salon, une salle à manger et une chambre parents avec salle de bains et ... See more

France | Paris | Apartment
$2,290,000 USD
2
119 m2

Apartment For Sale In District VII, Paris

FR-00007-27360 | Listed by agence-varenne-7eme

EXCLUSIVE - GROS CAILLOU In a quiet and private street, a stone's throw from rue Saint Dominique, the rue Cler market and the district's highly sought after schools, in a beautiful Haussmann style building with elegant common areas, the sole apartment on the main floor comprising an entrance hall opening onto a living room, dining room, office (or ... See more

France | PARIS 7 | Apartment
$2,440,000 USD
1
193 m2

Apartment For Sale In District VII, Paris

FR-00007-25687 | Listed by agence-varenne-7eme

RAPP On the 8th floor of a modern building, this 140 sqm (1507 square feet) penthouse apartment offers magnificent views of Paris. It comprises an entrance hall, a living room, open plan kitchen opening on to the dining room, 2 bedrooms with a shower room, laundry room and a master suite with bathroom and closets. Two continuous balconies with a to... See more

France | PARIS | Apartment
$3,675,000 USD
1
139 m2

Apartment For Sale In District VII, Paris

FR-00189-27343 | Listed by agence-varenne-6eme

RUE DU BAC In a beautiful 18th century mansion on the 3rd floor, with lift to the 2nd floor and a large stone staircase, this 213 sqm (2292.7 square feet) apartment has an entrance hall, small living room, large living room, dining room opening onto the living room and a large kitchen, two bedrooms on the street side and two rooms overlooking the c... See more

France | PARIS 7 | Apartment
$4,280,000 USD
1
213 m2

Apartment For Sale In District VII, Paris

FR-00189-27353 | Listed by agence-varenne-6eme

RUE DU BAC - MONTALEMBERT In a charming seventeenth century building, a duplex apartment measuring 65.6 sqm (699.7 square feet) - 62 sqm (667.4 square feet) under the Carrez law - overlooking the courtyard. On the first floor, it comprises a living room with two windows, a bedroom and a separate kitchen; on the ground floor, an entrance hall, a bed... See more

France | PARIS 7 | Apartment
$840,000 USD
1
62 m2