Literary Marais
The grand and elegant home of a famous designer
An article that explains the monthly expenses of a high-end apartment in Paris
Many clients often ask us about the cost of owning an apartment in Paris. Roughly speaking, there are four major expenses for holding an apartment: the expenses required for the operation of the apartment itself (property sharing costs, electricity and Internet fees, insurance, cleaning and maintenance costs for the interior of the apartment), major construction costs of the building, and taxes (land tax, residence tax, property wealth tax), and some other expenses (apartment rental management fee, butler service fee).
Today, we will take a high-end apartment of 100 square meters and a value of 2 million euros in the Saint-Germain district of the Left Bank as an example to explain in detail what the daily maintenance of the apartment will cost (do not confuse it with the cost of buying an apartment Oh).
01/ The cost of running the apartment itself
Paris 4th arrondissement
Standalone building on St. Louis Island
320m2
Standalone Building
No
5 900 000 euros
Located at one of the most sought-after addresses in Paris—Île Saint-Louis, this 320 square meter standalone building was formerly the site of the renowned drama school Cours Florent!
Now fully renovated, it retains its old-world charm and character while incorporating modern conveniences. Large windows and a clever layout flood the studio with natural light, maximizing the workspace.
This building is ideal as the headquarters for fashion industry companies, an art gallery, or an architect's studio. Of course, it can also be completely converted into a residence.