Located on the right bank of the river, in the heart of the Marais, this project is a unique opportunity to invest in Paris. This mansion is undergoing a complete renovation with very high-quality finishes. The development has two to four-bedroom apartments for sale. Most of them benefit from balconies or even patio terraces, and views over the Seine. Spacious interiors, high ceilings and traditional features make up this amazing and unique development that will be an incredible addition to the Parisian property market.
Why is this opportunity exciting?
A variety of apartment types will meet both investors’ requirements looking for a pied à terre in "historical Paris", and families who want a central property to move into immediately. Some of the apartments will be sold as they are and the future buyers will be able to furnish them as they wish. The other apartments will be renovated.
What is the investment potential?
Hotel Nicolai is classified as a historic building located in the heart of a central district, the 4th arrondissement. The historic project is undergoing a renovation, mixing history and modernity. Floors made in natural stone, in checkerboard or in terracotta tiles, ironwork railings, moulded ceilings or wooden beams are being restored, reworked and brought back to life.
What about the project?
Built on the grounds of the former Saint-Pol hotel composed of several private mansions, the 4 Quai des Célestins became the property of Nicolas de Nicolai, nephew of Gaspard de Fieubet, in the 17th century, and preserved its residential purpose. The baroque facade of The Hôtel Fieubet has been home to the Massillon school since 1877. The developer in charge of this project is renowned for his experience in renovating historic buildings.
Why the Marais?
Discovering the Marais district is much like rediscovering the history of France. Before it moved to Versailles, the nobility has erected its most beautiful mansions in there and today it is home to several museums. The neighbourhood also welcomes cobbled streets leading to the Place des Vosges and the riverside is also enjoyable for walking. Mixing nature and culture, there are plenty of walking paths: jogging along the river to the Jardin des Plantes and walking in Richard Lenoir boulevard’s market. One can also discover the small shops in rue Saint-Antoine, enjoy the bars of the very popular rue de Lappe, go to the cinema or theatre at the Bastille.