Spacious, over 120 square-meter terrace Parisian apartment leaves you dizzy, cost also astronomical
In the heart of the City of Lights, the luxury real estate market is experiencing a shift towards more balanced conditions, offering buyers a favourable opportunity to invest in high-end properties. The market for properties over €8 million, which can reach up to €25,000 per square meter in prime locations, has shown signs of recovery following a significant correction from the 2022 peak.
One such property is a remarkable apartment located in the Invalides district, the 7th arrondissement of Paris. This exquisite residence, being sold by Drouot Immobilier, boasts an exceptional architecture and a starting price of 7.5 million euros, priced at 50,000 euros per square meter.
Spanning 152 m2, the apartment offers an elegant round entrance, a large living room with an open dining kitchen, an office, a bedroom with an adjacent boudoir and bathroom, and a studio. The apartment's highlight is its 123 m2 terrace, landscaped as a "true English garden" with wooden walkways, trellised vegetation, climbing roses, and numerous fragrant species. An outdoor kitchen hidden behind the foliage completes the terrace.
The apartment overlooks the Invalides esplanade, and all rooms open onto balconies, providing unobstructed views of Paris and its monuments. A cellar is part of the amenities offered with the apartment, and two parking spaces are available. The apartment's pièce de résistance is the large reception area facing the Eiffel Tower.
The Parisian ultra-luxury market, supported by foreigners and French entrepreneurs, is considered a long-term safe haven. The stability of fixed rates in the Parisian ultra-luxury market is a notable advantage, with prices averaging around €9,420-€9,500 per square meter in 2025.
Top-tier managers and affluent individuals dominate purchases in the luxury segment, reflecting the high income levels required to acquire these properties. Long-term holding (7+ years) remains advised to maximize financial benefits, considering the predicted modest price growth of 1-2% if mortgage rates continue to fall.
Despite high prices, Paris remains attractive for investors due to strong rental demand and limited supply, especially in premium neighborhoods. Luxury properties often command higher rents through furnished rentals or exceptional features such as balconies, views, and premium renovations.
Therefore, for luxury real estate sales exceeding €8 million, current market conditions suggest a buyer-friendly phase with stabilized pricing and improving financing options, combined with strong long-term investment appeal in central Parisian districts. Buyers can expect prices to remain relatively stable near current levels, with modest growth potential if lending conditions improve further.
The auction for this real estate jewel, Karl Lagerfeld's apartment, will take place on Thursday, July 10, in an interactive format via Drouot.immo. Interested buyers are encouraged to visit the property and experience its charm firsthand.
- Prospective buyers of luxury properties in Paris, such as the exquisite residence in the Invalides district currently priced at 7.5 million euros, have a favorable opportunity to invest, given the recovering market for properties over €8 million and the average stable prices of €9,420-€9,500 per square meter in 2025.
- The long-term holding (7+ years) of luxury properties like the remarkable apartment with a "true English garden" terrace remains advised to maximize financial benefits, considering the predicted modest price growth of 1-2% if mortgage rates continue to fall and the strong rental demand in premium neighborhoods.
- As the Parisian ultra-luxury market stabilizes, potential investors may find beneficial financing options for properties exceeding €8 million, particularly in central Parisian districts like the Invalides, which offers a safe haven and the chance to secure a property with high rental potential, such as Karl Lagerfeld's apartment, currently set for auction on July 10.
