Buying an apartment with a terrace in Paris: best practices
How to find an apartment with a terrace in Paris?
A real luxury in Paris: living in an apartment with a terrace. Many buyers are looking for these outdoor spaces that are not easy to find and that tend to drive up prices. We are going to give you The keys to success.
Buying a terrace in Paris: be realistic and agree to pay the price
Don't be under any illusions, a Parisian apartment with a beautiful exterior comes at a high price. The reason is simple: a lot of requests for very few offers. The law of the market is merciless in real estate, especially when you are in Paris. The price of an apartment with a terrace in Paris will be in the highest range on the market. In addition, it will be necessary to value the m² of the terrace. Depending on the quality of the latter, they are evaluated between 30 and 50% of the surface.
Example to estimate the price of a terrace in Paris: You are planning to buy an apartment with a terrace in Paris in a neighborhood where very beautiful apartments sell for 10,000 €/m² and you want to buy a 20 m² terrace: it will cost you between 60,000 and 100,000€ in addition to the price of the apartment.
Quality criteria for a pleasant terrace to live in in Paris:
- The exhibition: the most sought after are located between the south and the west.
- The view: the more clear it is, the better. The view of a monument, for its part, causes prices to explode (Eiffel Tower, Sacré-Coeur,...).
- The opposite: the fewer there are and the more the property will be sought after. Some alternatives such as Virginia creeper, fencing or even curtains can compensate for a possible opposite situation and even bring an elaborate character to a terrace.
- The surface: too small it will not be of much interest. However, if it is very large, the question of usefulness will arise. The ideal surface is located between 20 and 40 m².
- Do not forget about the shape: a minimum width of two meters is required. The shapes rectangles, simple, without corners are ideal.
Prepare your financing plan
There is no point in chasing the apartment with terrace of your dreams if you do not know how you are going to finance your acquisition. Indeed, these apartments being rare, they have the defect of selling very quickly. If you want to put all the odds on your side, you will need to be able to “draw” your Lucky Luke offer. You will probably not have time to consult your banker to make a point before you start.
Where to find apartments with a terrace in Paris?
Until 1950, architects did not care about creating outdoor spaces when they built buildings. As a result, the center of Paris has few terraces, and this is even more true in the Haussmann style. On the other hand, neighborhoods that underwent major construction programs after the Second World War are, on the other hand, well equipped with them. This is particularly the case in the 16th arrondissement of Paris as well as in the north-east of Paris, in the 19th and 20th districts.
Willpower and determination are the key words to acquire this property
Regularity is one of the most important rules. To succeed, check the ads every day, call real estate agencies regularly, and when an apartment with a terrace comes up, rush to visit it. Finally, a final tip during the visit, making a good impression on the owner can make a difference if you are not alone in the running for the terrace apartment of your dreams.
Great collaboration with Patrick Martinez! Very professional, relevant and friendly, I highly recommend him.
I needed support for this real estate project due to lack of time and the need to be reassured when choosing the property. I opted for Tell me about Paris, and I don't regret it. Susan who helped me was perfect. Always responsive and with good advice, she helped me well in the procedures and the research, she was always present, which allowed me to quickly find a very interesting property and in Paris what was unexpected for me. I highly recommend their support!
Not living in Paris, we called on Susan from Talk to me about Paris to find our footing. The exchanges were very pleasant thanks to her quality of listening, her availability, her professionalism, her responsiveness and her interpersonal skills. Its assets served our research and we were lucky enough to quickly find the rare pearl despite our requirements. Her knowledge of the Parisian market meant that she directed us to a neighborhood that we did not have the idea of selecting and we do not regret for a second having listened to her.
