Paris real estate market specificities
Musée du Louvre tube station :
Samples of apartments we could find for you :
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PRACTICAL
London > Paris 2h15 by train since nov. 2007 |
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Map of Paris and arrondissements |
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| HOTELS | LUXURY |
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Mandarin Oriental To Open A Palace Hotel In Paris |
rue St Honoré +33 142 44 50 00 |
RITZ PARIS place Vendôme +33 143 163 030 |
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Triangle d'or - Golden area Triangle d'Or 33 Avenue George V · Paris 75008 · France |
10, Place de la Concorde, Paris 8 +33 144 71 15 00 |
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228 rue de Rivoli, 75001 Paris, France Louvre Tel: +33 1 44 58 10 10, Fax: +33 1 44 58 10 15 |
nearby Marais - Bd du Temple +33 142 71 20 00 |
Crowne Plaza Hôtel **** OPENING 2008 Triangle d'Or Paris Champs Elysées | 64 Avenue Marceau - 75008 Tel : +33.1 44 43 36 36 |
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| Hidden | HOTELS |
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29/31 rue du Poitou, 75003 PARIS Le Marais Tél : 33(0)1 42 74 10 10 |
Hôtel*** Prima Lepic - 29, rue Lepic - 75018 Paris Montmartre Tél. +33 (0)1 46 06 44 64 |
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Kube, 1-5, passage Ruelle / F 75018 Paris - Tel : 33(0)1 42 05 2000 |
Mama Shelter OPENING 2008 109, rue Bagnolet 75020 PARIS Père Lachaise |
The French real estate market blog
find out how many foreigners buy per district, entry level, credit crunch ... read, click here
Paris has never been closer to European cities by train:
2 hours 15 from London
2 hours 13 from Luxembourg
1 hour 22 from Brussels
3 hours 18 from Amsterdam
3 hours 50 from Frankfurt
2 hours 36 from Rotterdam
3 hours 14 from Köln
Paris is a very different city, villagey in comparison to some international megapoles. In Paris, one can find many different atmospheres : Saint Germain des Prés , le Marais , Montmartre, Canal St Martin, Montorgueil, Opera, la Bastille, the Golden area/triangle d'or, the new golden area, la Butte aux Cailles, les Batignolles, La Muette, Commerce ...
This romantic city inspires film directors, there is always a film being made in Paris, one of the latest dramatic one is "La Vie en Rose " ("la mome" French title) from Olivier Dahan : the life story of singer Edith Piaf. And new on the screens released recently, Public Enemy Number One and Mesrine: Killer Instinct by Jean-Francois Richet, a film about the life of Jacques Mesrine the most famous French gangster of the 60's and 70's.
Different types of apartments are available according to your taste and lifestyle: the classical apartment in the Haussmann type buildings featuring original oak floors, fireplaces, and mouldings; the one in buildings from the 18th, 17th and 16th centuries, with wooden beams, tomettes” (typical floor tiles), or with high ceilings overlooking a vast cobbled coutyard; the rare top floor with a terrace and a lift/elevator; the surfaces to refurbish; the real loft-conversion with outstanding volumes; the pied-à-terre/pad; the prime property / location overlooking a landmark; the modern apartment in the high tech building: and the' Hôtel particulier', the rare town mansion.
The floor area of the apartments available is within 9 and 600 sq metres (but it can be more, Kenzo is selling his 1,000 sq.mt chalet in Bastille!).
The value of Paris:
- Paris is contained within the “périphérique” and its numerous gates (“porte Dauphine”, “porte de Champeret”, “porte de Saint Ouen”…) a ring road which looks like the ditches of a castle, a border between Paris and its suburbs, so Paris cannot extend, and lands available for new developments are quite rare.
- The city has many monuments, and listed buildings that are protected and it is not possible to change the building architecture easily. There is a special administrative police (A.B.F.) who investigates change made without authorisation, planning permission and which does not meet the rules of architecture defined by this administration. That’s why the architectural legacy is well preserved.
Here are some facts and figures, and you will understand why it is a privilege to live in such a great capital
- All types of transport are possible. You don't need a car, the transport network is very efficient: by bus, by metro (the fastest if it is far enough), by taxi, by batobus (boat), by bicycle (the ' velib ' was launched in july 2007with a great success, the pay as you go bicycle, only your credit/debit card required, sometimes the fastest way to move when it is not raining), by foot, on rollerblade, and now by tram (southern Paris).
- Surface 105 km2 (in comparison 1 580 km2 for the greater London !)
- Stable population 2 147 274
- total number of residences (figures 1999)
1 322 540
- Second homes 5,7 %
- Fortunately for the prices of real estate, Paris has not been chosen for the Olympic Games, so the prices remain at the fair value, however Paris could be chosen the next time with a consequent rise of the prices.
- AccordingThe last figures known provided by the Organisation of Notaries in Paris (“ La Chambre des Notaires de Paris ") the price per square metres in Paris is click here .
- The above price per sq.mt is an average, it can be less and it can be much more depending on many factors such as the adress/location, the building quality, the apartment specifications, and the extra features such as the lift/elevator and the view over a parisian landscape (landmark, river, etc.). Within the same street two same size apartment can have their value twice more for the more expensive. Paris housing market is very heterogeneous even within districts and streets.
- 9 years and 8 month : the average of detention of an apartment against 11 years and 5 months in 1998
- In every area you will find a boulangerie, patisserie, a bistro, a restaurant, a supermarket, a bank, a post office and all conveniences, but there are some features to know, the West part of Paris and South West are more residential with many Haussmann buildings (PDT) and it is easy to find large apartments more than 100 sq mt, whereas the centre and the North East it will be easier to find studios and 2 pieces.
'Paris sera toujours Paris', however if you knew Paris ten or even five years ago you will be impressed how some areas have dramatically changed and improved. Whatever you are looking for, we will advise you what area will best matches your Parisian lifestyle: Paris trendy, Paris boheme-chic, Paris luxury, Paris for family, Paris romantic... our services
If you are looking for a property finding service to source and secure you apartment in Paris, then click here to find out PARIS PASSION PROPERTY dedicated services.
| “Arrondissements” |
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Paris is divided up into 20 large administrative districts. Beginning at the centre of the city, they curl round in a clockwise direction like a snail shell. To find out which “arrondissement” you are in, you will find it on all the street signs. source : en.parisinfo.com |