Literary Marais
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 16 arrondissement
Georges Mandel - Eiffel Tour View
500 m2
6
6
Yes
6
20 000 000 €
Set on one of Paris’s most sought-after avenues—Avenue Georges Mandel, just steps from the Trocadéro Gardens—this exceptional ~470 sqm apartment has been fully renovated by renowned architects to the highest luxury standards.
It features 6 bedrooms, each with its own en-suite bathroom and extensive built-in storage. A 70 sqm terrace offers breathtaking views of the Eiffel Tower.