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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 8
Avenue Montaigne View Apartment
123 m2
2
3
Yes
1
3 550 000 euros
Nestled on a high floor of a prestigious building on Avenue Montaigne, this apartment offers immense potential, once its full renovation is complete. It boasts a spacious double living room that seamlessly opens onto two generous balconies, offering breathtaking views. The master bedroom and accompanying bathroom is also overlooking the iconic avenue.
On a serene courtyard side, you’ll find an additional bedroom and bathroom, complemented by a kitchen that extends to a continuous balcony.
Completing this exceptional property is a service room on the ground floor, along with a secured parking space in the first basement level and a cellar for added convenience. This residence embodies the perfect blend of modern and tranquillity in one of the most coveted locations in the city.