Nestled in the Île-de-France region, Versailles is a city filled with history and charm, famous for its opulent Palace of Versailles, the former seat of French royalty. Founded in the 17th century, this city has witnessed key moments in French history, including the peace treaties of World War I. It is located about 17 kilometers southwest of Paris, easily accessible by road and rail, making it a coveted choice for those wishing to live close to the capital. The surrounding landscape of Versailles offers magnificent French gardens, lush forests, and elegant bodies of water, creating a most pleasant environment for its approximately 85,000 residents.
The Exclusive Real Estate Market in Versailles
The real estate market in Versailles is currently stable, characterized by a strong demand for luxury houses and apartments, although there is limited supply in this exclusive segment. The most sought-after neighborhoods include Notre-Dame, Saint-Louis, and Montreuil, which offer historic properties and elegant residences. Buyers should anticipate additional costs such as notary fees, which generally amount to around 7 to 8% of the purchase price, as well as transfer taxes set at 5.81%. Real estate commissions paid by the buyer often range between 3 and 5% of the sale price.
Quality of Life and Infrastructure
Versailles offers excellence in terms of quality of life, with a well-developed public infrastructure, including renowned hospitals such as André Mignot Hospital. The city also provides easy access to the Paris-Orly Airport (about 25 km) and Paris-Charles de Gaulle Airport (about 50 km). Residents enjoy a variety of outdoor activities, from golf to tennis, and have access to some of the best schools and universities in the region, such as the École nationale supérieure d'architecture de Versailles.
Cuisine, Culture, and Entertainment
Culinarily, Versailles does not disappoint, with Michelin-starred restaurants such as Gordon Ramsay at the Trianon Palace. The city is also a cultural hub, hosting annual events like the Mois Molière and classical music festivals. Art enthusiasts will find delight within the Musée Lambinet and during performances at the Théâtre Montansier. For those who appreciate luxury shopping, the royal avenues of Versailles are brimming with high-end brands.
Events and Sports Activities
Every year, Versailles hosts various prestigious sports and cultural events, such as the International Versailles Horse Show. In terms of sports, residents can enjoy numerous facilities, including the Stade Montbauron for football and parks like Porchefontaine for jogging and cycling.
Versailles combines a rich history with modern, luxury-infused living, offering an unparalleled living environment for its residents and easy connectivity to Paris. Living in Versailles is not only about residing in a place filled with elegance and culture but also about benefiting from a stable and sophisticated environment.