HOTEL NICOLAI, PARIS – Mansion Conversion in the Heart of the Marais

HOTEL NICOLAI, PARIS – Mansion Conversion in the Heart of the Marais
For Sale €990,990 - €6.418M   -
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Detail
  • Bedrooms 1-4 bedrooms
  • Bathrooms
  • Garages  
  • Price €990,990 - €6.418M  -
  • Area  
  • Status For Sale
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Description

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 one 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 neighborhood 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.

 

The 4th arrondissement is one of the oldest quarters in Paris. In addition, it is one of the most popular areas among tourists. The area is often called the Hôtel de Ville arrondissement, or Le Marais (a common mistake as Le Marais shares its borders with the 3e arrondissement and it is not an arrondissement itself). The 4th is the heart of Paris and houses some of the most iconic mon-uments of the city.

Each of the four administrative quarters of the 4th have their own historical monuments to celebrate. Quartier Saint-Merri is where the Hôtel de Ville sits, one of the most symbolic monuments for Paris. The area is car-free and people can enjoy streets lined with buildings dating back to the 14th, 15th and 16th centuries.

Quartier Saint-Gervais is the most populated and dense area of the 4th. Most houses and mansions can be found around there. Quartier de l’Arsenal is home to the Arsenal Harbour and one of the more important libraries in Paris, the Arsenal Library.

Lastly, Quartier Notre-Dame is made up of the two natural small islands, Île de la Cité and Île Saint-Louis. Plenty of hotels and old mansions can be found on the two islands, and of course Notre Dame cathedral. Le Marais is not considered an administrative quarter, but a historical one. While it shares borders with the 3e arrondissement, the more lively and exciting part of Le Marais is in the 4th.

 
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