As mentioned previously, buyers
are particularly attracted to the
Haussmann architecture within
Paris.
The two arrondissements best
known for these wonderful buildings
are the 16th and 17th, where
demand and pricing has held up
well. Long favoured by artists and
writers, you will now find former
Prime Ministers rubbing shoulders
with modern icons like David Guetta
and Martin Solveig.
Bruno Taxy is one of the most
experienced estate agents in Paris:
"There are still more buyers than
sellers here - fashionable areas
like those mentioned above, plus
the prime streets in the 9th, 10th,
11th, 12th, and 18th in particular
are in high demand. I really like the
16th, and so do my overseas clients.
However, it is the French themselves
who have been buying - domestic
demand has been through the roof. I
think that we understand the positive
impact that the forthcoming rugby
World Cup, followed immediately
by the Olympic Games, will have.
Studio and one bedroom apartments
are top of most shopping lists.
Many of our buyers do not need to
finance their purchase which helps
enormously, as banks are tightening
their belts. This is cooling demand for
PARIS RIGHT BANK 8, 9, 10, 11 ,12, 16, 17, 18, 19, 20
Current sales trends
8th arrondissement 12 510 euros per m²
9th arrondissement 11 710 euros per m²
10th arrondissement 10 440 euros per m²
11th arrondissement 11 880 euros per m²
12th arrondissement 10 000 euros per m²
16th arrondissement 11 930 euros per m²
17th arrondissement 11 270 euros per m²
18th arrondissement 9 950 euros per m²
19th arrondissement 9 090 euros per m²
20th arrondissement 9 350 euros per m²
*source Notaires de France, median price of all apartment sales between July -
September 2022
09
www.leggettfrance.com
the lower and middle markets, but
the top end is showing a remarkable
resilience. Paris remains the most
beautiful city, and the Grand Paris
project should help ease traffic in
the centre."