Fully Renovated South-Facing Studio — Montorgueil / Le Sentier, Paris 2nd

Property Description

Summary
A rare opportunity to own a Parisian pied-à-terre in one of the city's most sought-after neighbourhoods.

This 16 m² (172 sq ft) studio occupies the third floor (French numbering — four flights of stairs, no elevator) of a characterful 1901 building on rue Saint-Sauveur, in the heart of the Montorgueil and Sentier district. South-facing, it enjoys direct sunlight throughout the day and an open view over the Parisian rooftops.

Entirely gutted and rebuilt in 2023 by a professional contractor, the apartment is in turnkey condition. The renovation included a complete reconfiguration of the layout, a new electrical system with modern circuit board, fully renewed plumbing, herringbone wood flooring, recessed lighting and fresh paintwork throughout. Nothing needs to be done.

The living space is thoughtfully designed around a fully fitted kitchen with cooktop, refrigerator and custom storage, opening onto the main room. The shower room is unusually generous for the surface area, with a large 90 × 90 cm walk-in shower, thermostatic column, wall-hung toilet, vanity unit and heated towel rail. Reinforced security door.

The apartment can be sold fully furnished, equipped throughout with quality furniture purchased new in 2023.

Location. Two minutes from Sentier metro station and within walking distance of the Louvre, Le Marais, the Centre Pompidou and the Seine. The pedestrian rue Montorgueil, with its markets, cafés and restaurants, is just around the corner — one of the liveliest and most authentic corners of central Paris.

Ideal for a Paris pied-à-terre, a first purchase, or a rental investment. The apartment was previously let furnished at €1,100 per month.

Vacant and available immediately. Sold by owner.

Frequently Asked Questions

Can a non-resident or non-EU citizen buy property in France?
Yes. There are no restrictions on foreign ownership of French property, regardless of nationality or residency status. No visa or residence permit is required to purchase.

What are the additional costs on top of the purchase price?
Approximately 7.5% of the price in notary fees and transfer taxes — around €20,000 here. These are paid at completion and cover government duties, land registration and the notary's fees. As this is a private sale, there is no estate agency commission.

How does the French purchase process work?
Two stages. First a preliminary contract (compromis de vente), signed with a notary, with a 10% deposit held in escrow and a statutory 10-day cooling-off period during which the buyer may withdraw without penalty. Completion (acte de vente) follows roughly two to three months later. The notary is a public officer who guarantees the legality of the transaction for both parties.

Do I need to travel to France to complete the purchase?
No. Both the preliminary contract and the final deed can be signed remotely by power of attorney, or electronically through a French notary. Many international buyers complete without travelling.

Can I get a mortgage as a non-resident?
Yes. Several French banks lend to non-residents, typically up to 70–80% of the value. A specialist broker can arrange this, though the process takes longer than a cash purchase.

What are the ongoing costs of ownership?
Building service charges of approximately €1,000 per year, plus local property tax (taxe foncière). As a second home, the apartment is also subject to taxe d'habitation.

Can I rent the apartment out?
Yes, on a long-term or medium-term furnished basis. Short-term tourist rental in Paris is subject to registration and change-of-use rules; details available on request.

Is viewing possible from abroad?
Yes. A virtual tour is available, and I can arrange a live video walkthrough at a time that suits your timezone.

What documents will I receive?
The full legal file: title deed, building regulations, the last three years of co-ownership meeting minutes, technical surveys (energy, lead, asbestos), floor area certificate and renovation invoices.

Location
In the heart of the Montorgueil and Sentier district, one of
central Paris's most sought-after and liveliest neighbourhoods.
The pedestrian rue Montorgueil, with its food markets, cafés,
bakeries and restaurants, is one minute away. Shops, bars and
everyday amenities are all within walking distance.

The Louvre, the Centre Pompidou, Le Marais, Les Halles and the
Seine are all reachable on foot in 10 to 20 minutes. The Palais
Garnier opera house, Place Vendôme and the Marché Saint-Honoré
are a short walk west.

Access
Sentier metro station (line 3) is 2 minutes on foot; Réaumur-
Sébastopol (lines 3 and 4) and Étienne Marcel (line 4) are
within 5 minutes, giving direct access across the city.

Châtelet-Les Halles, the main RER hub, is a 10-minute walk,
with direct trains to both airports. Gare du Nord — Eurostar
to London and Thalys to Brussels and Amsterdam — is 15 minutes
by metro. Charles de Gaulle airport is approximately 45 minutes,
Orly approximately 40 minutes.

The apartment is on the third floor (French numbering) of a
building with no elevator — four flights of stairs.

Interior
16 m² (172 sq ft) under the Carrez measurement, entirely gutted
and rebuilt in 2023 by a professional contractor. The apartment
is in turnkey condition — nothing needs to be done.

The renovation covered the full reconfiguration of the layout,
a new electrical installation with modern circuit board, fully
renewed plumbing, herringbone wood flooring, suspended ceilings
and fresh paintwork throughout.

The living space is organised around a fully fitted kitchen with
cooktop, refrigerator and custom-built storage, opening onto the
main room. South-facing, with direct sunlight throughout the day
and an open view over the Parisian rooftops.

The shower room is unusually generous for the surface area: a
large 90 × 90 cm walk-in shower with thermostatic column, a
wall-hung toilet, a vanity unit with mirror and a heated towel
rail.

Individual electric heating and hot water. Reinforced security
door. Fibre optic internet. The apartment can be sold fully
furnished, equipped with quality furniture purchased new in 2023.

Exterior
No private outdoor space. The apartment is located in a
characterful Parisian building dating from 1901, comprising
38 units, with a professionally managed co-ownership and a
resident caretaker. Communal courtyard.

Additional Details
The apartment was most recently let furnished at €1,100 per
month, excluding charges — a gross yield of around 5% at the
asking price, well above the average for central Paris, where
small units typically return 2.5% to 3.5%.

It is now being sold vacant and available for immediate
occupation, so the buyer is free to live in it, use it as a
pied-à-terre, or re-let it.

The location — a pedestrian, central district with strong
year-round demand from young professionals, students and
corporate tenants — makes small units like this one
consistently easy to let. The apartment can be sold fully
furnished and is in turnkey condition, requiring no work
before re-letting.

Note: short-term tourist letting in Paris is subject to
registration and change-of-use regulations; long-term and
medium-term furnished letting are unrestricted.