Prices for luxury apartments in Paris
The high-end real estate market in Paris is doing very well. Still far from the price levels that the cities of London, New York or Hong Kong can reach, this Parisian real estate sector has indeed recovered since 2015. The evolution of the price of luxury real estate in Paris is no longer downward.
Significantly, foreign buyers are back as well as buyers of French nationality living abroad.
Luxury real estate is characterized by several criteria: the neighborhood, the location when it is exceptional because of its view, the quality of the apartment, house or loft, its services and sometimes the building. Tell me about Paris, a real estate hunter specializing in the search for luxury apartments in Paris, offers personalized support for the purchase of high-end and charming real estate in Paris.
The price of luxury real estate in Paris
In terms of neighborhood, the most popular and also the most expensive are the Golden Triangle in the 8th arrondissement, formed by Montaigne Avenue, George V Avenue and the Champs-Elysées Avenue, and Saint-Germain-des-Prés Avenue, and Saint-Germain-des-Prés Avenue. These are the two neighborhoods of choice for foreign customers looking for luxury apartments. The prices of beautiful apartments are negotiated in these neighborhoods between 15 and 20,000 €/m² and can rise higher for exceptional apartments.
More generally, the West of Paris and its center are considered to be the prestigious districts of Paris. To the west, on the right bank, in the 16th, 17th districts and in Neuilly, bourgeois and family neighborhoods, where it is easy to find a large area of more than 200 m², beautiful apartments are negotiated at prices exceeding 14,000 €/m². And when they overlook monuments like the Eiffel Tower or on the front line on parks like Parc Monceau, prices soar.
On the Left Bank, the price of a luxury apartment in Paris 7th arrondissement is negotiated over €17,000/m² and can reach €20,000/m², or even more when the property opens directly onto the Champs de Mars. Another prestigious district, the Marais on the right bank, where buying a beautiful apartment will cost more than €16,000/m².
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