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Paris 16ème
Located in the prestigious Paris 16th district, just a stone's throw away from Trocadéro and Place Victor Hugo, this property offers a unique opportunity for investment. This full ownership building comes with a commercial construction permit for a projected 455m² space that is free from any third-party recourse. Nestled in a peaceful and leafy private lane, the property consists of an existing 270m² building with an additional 185m² that can be developed (up to 2 floors and attic space). The projected construction permit allows for the creation of a total area of 455m², with the following layout (including wheelchair access): - Ground floor: 131.95m² - 1st floor: 125.9m² with 3 terraces (2 of 10m², 1 of 6m²) - 2nd floor: 108.9m² - Top floor: 88.20m² With commercial rights allocated to the entire future space, this property presents a rare opportunity in the area. The possibilities for development are endless, making it an attractive investment for those looking to capitalize on the prime location and potential of the building. As for the price of €8,950,000 for this property, it reflects the value of real estate in this sought-after neighborhood of Paris 16th. Considering the location, size, and potential of the property, this price is competitive and offers great value for investors looking to make their mark in the vibrant Parisian real estate market.