daily admissions. Directly in front, at
the Quai du Louvre, La Samaritaine
reopened its doors in Summer 2021,
after a seven-year renovation. It is
home to all of the prestigious LVMH
brands including Louis Vuitton,
Christian Dior, Tiffany's and Stella
McCartney. It is a destination for
HNWI's from around the world - it
is little wonder that property here is
in such constant demand.
PARIS CENTRE 1, 2, 3, 4
06 Leggett International Real Estate
Much has been written recently
about locals fleeing the capital
after the pandemic, in search of
more living space.
The truth is that, for the last decade,
around 12,000 people a year have
been leaving the capital due to the
shortage of housing. They haven't
been moving far though, with most
jumping across the périphérique and
commuting in to work.
One arrondissement to buck the
trend has been the 4th, which has
seen its population grow by 8.5%
in this period. The mayor of central
Paris, Ariel Weir, is determined to
offer better accommodation for
families, and retain the healthy
mixture of locals and tourists.
High-end tourists are still attracted
to the city centre. The Louvre holds
its place as the most visited museum
worldwide - last year it welcomed
7.8m visitors and has had to cap
Current sales trends
1st arrondissement 13 360 euros per m²
2nd arrondissement 12 360 euros per m²
3rd arrondissement 12 800 euros per m²
4th arrondissement 13 560 euros per m²
*source Notaires de France, median price of all apartment sales
between July - September 2022
Christophe Chastel is used to
welcoming these clients, and has an
unrivalled local knowledge:
"Demand here remains constant -
buyers typically look for studio or
one-bed apartments, with a view
over the Seine. They look in an
extremely tight zone, on both islands
and the South Quay. In the last year
the two biggest buyers have been
from France and the USA, but we
receive enquiries from all around
the world. The old adage of location,
location, location holds good, and
it does not get more "prime" than
these areas - buyers are safe in the
knowledge that their investment is
secure."