1 bedroom house for sale in Paris (75), France

Property Overview This 52 sqm apartment is situated on the 1st floor of a modern, luxurious building with an elevator. It features a living room, a kitchen, a bedroom with an adjoining bathroom, a separate wc, and a cellar. The property requires some refurbishment to reach its full potential. Price and Market Analysis With a price of €580,000, this property presents a unique investment opportunity for those looking for a modern apartment in a good location. The Mediterranean lifestyle is appealing, and the surrounding amenities offer plenty of opportunities for leisure and relaxation. Overall, the property represents a promising investment with the potential to generate a positive return in the long term. Upgrade and Renovation Potential The property's refurbishment needs suggest a great potential for customization and upgrading. By completing the necessary work on the apartment, you can create a designer space that reflects your taste and needs. The higher the quality of the finished space, the higher the potential rental yield and resale value. Lifestyle Factors The property's location in a luxurious building with an elevator ensures ease of access and maximum comfort for the residents. With nearby amenities, spectacular scenery, and an excellent climate, the Mediterranean lifestyle is at your fingertips. This apartment would be ideal for anyone looking for a modern, relaxing home in a breathtaking location. Downsides and Challenges Being a refurbishment project, this property comes with the challenge of potential unexpected costs and time commitment. The buyer should be prepared to spend time and resources on renovating the apartment to achieve desired results. Moreover, a buyer might need to put extra effort into renting it out if the area's rental market competition increases. Summary In summary, this residence is ideal for those who appreciate a well-located, modern property with great potential for upgrades. The Mediterranean lifestyle, together with the apartment's outstanding location, offers an attractive package for both investment and liveability. Despite its refurbishment needs, the potential rental income and long-term appreciating value make this property a worthwhile purchase.