In the 7th arrondissement, at the foot of the Eiffel Tower, the 100,000 square meters of the “Chirac island” are about to be sold. A promise has just been made and accepted for the first time in ten years, reveals The Parisian.
“There have been a few offers in previous years associated with different projects, prices announced which were incredible (could climb up to 300 million euros),” indicates a Parisian real estate expert familiar with the matter contacted by The Parisian. But until then, none had succeeded. “The final act is on track. The buyer is French, professional, and this is not his first attempt,” he adds.
An unprecedented sale
170 million euros is the amount of the promised sale, or 17,000 euros per square meter for this property steeped in history. A relatively low price compared to its location, justified by the condition of the apartments. This is an unprecedented transaction since it is the first time that the property has been sold since its construction dating from 1911.
“The most feasible project mixes accommodation with classic hotel services and services dedicated to long stays,” explains a source from the 7th town hall. And added: “Given the location, if it’s a hotel that stands out, it’s obviously a palace. »
