Paris 6th - Paris 8th - Paris 1st

Anchored in a rich history, the 7th arrondissement of Paris is famous for its sophisticated combination of historical charm and modern luxury. Home to iconic historical sites such as the Eiffel Tower and Les Invalides, this district is the quintessence of Parisian experiences. Nestled on the left bank of the Seine, the 7th arrondissement is a slice of Paris's rich heritage and luxury.

The Exclusive Real Estate Market in Paris 7th

Currently, the exclusive real estate market of the 7th arrondissement of Paris is strong and remains stable, resisting global economic fluctuations. The demand for luxury houses and apartments often outstrips supply, accentuating its exclusive nature.

Political and Economic Environment

Despite global challenges, the political and economic situation in the 7th arrondissement of Paris is stable, attracting investors from around the world in luxury real estate.

Real Estate Fees

The real estate commission due by a buyer when purchasing a luxury home in Paris 7th varies on average from 3% to 5% of the purchase price. However, other fees such as notary fees (about 8% of the purchase price), transfer rights, building inspection, and possibly legal fees should also be considered.

Purchase and Sale of Properties

The transfer right for private properties in the 7th arrondissement is generally around 5.80%. The wealth tax for private ownership of a house in Paris 7th is calculated based on the value of the property and varies between 0.50% and 1.50%. In France, there is no capital gains tax when selling a main residence. However, the sale of a second residence may be subject to capital gains tax.

Real Estate Financing

In France, obtaining a mortgage generally requires a personal contribution of 20% of the purchase price and the ability to demonstrate sufficient income to repay the loan. The maximum amount that can be obtained by mortgage is generally about 80% of the purchase price.

Accessibility

Paris 7th, located at the heart of the capital, enjoys excellent road and rail accessibility. It is also a short distance from national and international airports (Paris-Charles de Gaulle Airport and Orly Airport).

Education

Paris 7th is close to several prestigious schools, universities, and training institutions, including Sciences Po, Paris-Sorbonne University, and Lycée Louis-le-Grand.

Life in Paris 7th

The 7th arrondissement offers an incomparable luxury life, with numerous luxury shops, star-rated restaurants (like Le Jules Verne), art galleries, theaters, and more. The region also hosts a number of annual cultural and sports events.

Health Care

Various quality hospitals and clinics are easily accessible from Paris 7th, including Necker Hospital and Georges-Pompidou European Hospital. In summary, the 7th arrondissement of Paris offers a rich and varied lifestyle, while being a solid investment opportunity in the luxury real estate market.