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 7th arrondissement
Le Bon Marché
170m2
3
2
No
3
4 350 000 euros
Located in the 7th arrondissement, a few steps from Le Bon Marché and Saint-Germain-des-Prés, in a luxury building built in the 1930s.
The appartment is divided into two parts, a "day" part comprising a large south-facing double living room, dining room, kitchen and office and a "night" part comprising 3 bedrooms including 2 large masters and 2 large bathrooms (1 with bath and shower and 1 with bath) + 1 shower room with basin, 2 WCs as well as plenty of storage space (dressing room).
This property will need some light renovation to make it a real showpiece.
A large 18 m² cellar completes the property.