Brilliant Sale of Valéry Giscard d'Estaing's Townhouse: A New Embassy in the 16th Arrondissement

The townhouse of Valéry Giscard d'Estaing, an architectural jewel of rare elegance, is located in the heart of Paris' prestigious 16th arrondissement. This district is known for housing some of the most luxurious residences in the capital. Recently, this historic property became the subject of a landmark sale, attracting the attention of architecture enthusiasts and wealthy investors. Nestled at 9-11 rue Bénouville, this exceptional property was acquired by an embassy for an impressive sum. This transaction marks a significant milestone in the property's history, as it represents a tenfold increase in the initial purchase price paid by the former president Valéry Giscard d'Estaing in 1984. At that time, the acquisition cost was only 2.13 million euros (6.5 million francs). Orchestrated with unparalleled expertise by Paris Ouest Sotheby's International Realty, this sale highlights the agency's leading position in the luxury real estate market in Paris. It also illustrates the strong demand for unique properties, rich in history, located in prized neighborhoods of the French capital.

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The 16th arrondissement is one of the most prestigious districts of the capital, renowned for its sumptuous townhouses and luxury residences. Giscard d'Estaing's townhouse, built in 1885 by architect André Bérard, spans 1,230 m², including 920 m² of living space, spread over three floors and 17 rooms. It also features a 500 m² secluded garden and 45 m² of terraces, offering an idyllic setting for residents. This type of property is a perfect example of the kind of exceptional properties that Paris Ouest Sotheby's International Realty offers to its discerning clientele, who are looking for prestigious villas or renovated Haussmannian apartments. Paris Ouest Sotheby's International Realty is a high-end real estate agency specializing in the sale of prestigious properties in Paris. With recognized expertise in luxury real estate, the agency offers personalized services such as property appraisal and high-end rental management. Their clients also benefit from expert advice for purchasing luxury properties, ranging from designer apartments in the 16th arrondissement to townhouses in Neuilly-sur-Seine. The former townhouse of Valéry Giscard d'Estaing embodies the elegance and history of Parisian luxury real estate.

This district, home to numerous diplomatic missions and over 70 embassies, is particularly sought after for its prestigious setting and proximity to iconic locations like Avenue Foch and Bois de Boulogne. Properties like this, also found in prestigious neighborhoods such as the Golden Triangle, Saint-Germain-des-Prés, or Montmartre, are prized for their unique charm and historical features. Paris Ouest Sotheby's International Realty is renowned for its expertise in luxury real estate in Paris, offering exclusive services like virtual tours of luxury properties and a bilingual French-English luxury real estate agency. Their portfolio includes rare and sought-after properties, such as lofts in the historic Marais, penthouses in Place Vendôme, or châteaux to renovate near Paris. The sale of Valéry Giscard d'Estaing's townhouse to an embassy, a building steeped in history and a symbol of the Giscard era, illustrates the strong demand for properties of this caliber in the French capital. Paris Ouest Sotheby's International Realty continues to distinguish itself by offering its international clientele unique opportunities for luxury real estate investment in Paris, whether for the purchase of luxury villas, townhouses, prestigious apartments, or manor houses with private gardens. Paris Ouest Sotheby's International Realty's commitment to providing high-quality after-sales services and non-occupant homeowner insurance for luxury properties reflects their dedication to offering an exceptional client experience. Whether for a furnished apartment for short-term rent or a prestigious real estate investment, this agency remains a key reference in the field of luxury real estate in Paris.

The Haussmannian Charm and the Prices of Luxury Real Estate Exclusivity

The beautiful stone buildings, mostly Haussmannian, make up a real estate portfolio of timeless elegance. Prices, although declining to around €10,000/m² in the southern part of the arrondissement, quickly rise to €12,000, €15,000 or more, heading north. However, even at these rates, the 16th remains relatively more affordable than some neighborhoods in the heart of Paris. Avenues Foch and Henri-Martin remain prestigious addresses, with secure values often exceeding €15,000/m², attracting a wealthy international clientele, from Brazilians to Saudis, Argentinians, and Lebanese.

Focus on the Luxury Real Estate of the Victor Hugo Neighborhood

At the heart of the 16th arrondissement, the Victor Hugo neighborhood stands out for its classic charm and chic residential atmosphere. The majestic buildings and wide tree-lined avenues offer an incomparable living environment. Real estate in this neighborhood, whether located on Avenue Foch or near the Trocadéro, benefits from an undeniable aura of prestige. The view of the Eiffel Tower from terraces and windows adds a dimension of luxury and exclusivity.