Monday 29 October 2012

Property with a view to die for

By Andrew Batt:

In Southeast Asia, a view overlooking a 200-year old cemetery isn’t considered to be a strong selling point, but that’s not the case in other parts of the world.

The famous Montmarte Cemetery (pictured) in Paris' exclusive 18th Arrondissement is the resting place for impressionist artist Edgar Degas and writer Alexandra Dumas. Montmarte was once considered to be the seedy underbelly of Paris, but it’s now the city's chic bohemian bourgeois centre.

Directly overlooking the cemetery and with views across to the Sacré Coeur, this luxurious and highly rare collection of just 76 new apartments features striking contemporary architecture and is just minutes from the nearest metro, ideal for exploring Paris. The project, called Le Factory, provides apartments which feature generous outside space, a rarity itself for property in Paris.

Home to many of the city's most famous film producers, directors and models, property in this district is highly sought after.

Nick Leach, Partner at Athena Advisors, said:  "There are only a few places in the world where a view this ghoulish can actually be a selling point and this is definitely one. But regardless of the view, real estate in this area of Paris is extremely popular with international buyers, especially those from the United Kingdom, United States and Russia, mainly due to the rarity of new-build property in this location."

Prices for these rare and uniquely-located studio, one- to four-bedroom properties start from €440,000.

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