Paris Property Prices … 2012 … Most Expensive … Least Expensive … but never cheap…

“In what arrondissement do you live ?” “The 6th.” Nothing further needs to be said: It is an answer which speaks for itself because the 6th arrondissement has for a few years now been the Paris district where real estate is most expensive which makes this district the most chic part of Paris to live in. […]

Place Monge, Paris, 13th Arrondissement.

“In what arrondissement do you live ?”

“The 6th.”

Nothing further needs to be said: It is an answer which speaks for itself because the 6th arrondissement has for a few years now been the Paris district where real estate is most expensive which makes this district the most chic part of Paris to live in.

To my mind comes: Rue de Rennes, Rue de du Four, Rue St. Sulpice, Rue Fleurus where Gertrude Stein and her lover Alice B. Toklas once lived. Rue Christine where Ernest Hemingway lived when married to Hadley and poor. Rue des Chartreux where I lived a few years back.

The latest edition of the weekly news magazine Le Point has a special 40-page supplement on property (immobilier) in Paris and its region, as well as elsewhere in France.

By square meter, Paris is the place in France where the price of real estate is highest.

At the end of September, the price of one sq meter of apartment or house in Paris was €9,515. ($12,325 / £7,687)

Then followed Biarritz, the Atlantic coastal city, once so adored by the over-sexed Edward 7th of England at €4,909. ($6,359 / £3,966).

Then followed:

Antibes on the Mediterranean: €4,808. ($6,228 / £3,884)

Cannes of Cannes Film Festival fame: €4,644. ($6,015/ £3,752)

Nice on the Mediterranean: €4,168. ($5,399 / £3,367)

Aix-en-Provence, South of France: €4,031. ($5,221 / £3,257)

Annecy in Upper Savoy and close to the Swiss border: €3,659. ($4,740 / £2,956)

The two least expensive for real estate were:

Castres €1,440. ($1,865 / £1,163)

Saint-Etienne €1,488 ($1,927 / £1,202)

Concentrating on Paris and its region (Greater Paris) the highest price for 1 sq meter of a house was in Neuilly-sur-Seine in the Haute-de-Seine department : €15,590. ($20,194 / £12,595)

Next was Boulogne-Bilancourt also in the Haute-de-Seine department: €13,754. ($17,816 / £11,117)

For 1 sq meter of an apartment the highest was again Neuilly-sur-Seine in the Haute-de-Seine department: €13,745. ($17,804 / £11,105)

Next was again Boulogne-Bilancourt in the Haute-de-Seine department: €10,457. ($13,545 / £8,448)

The bottom of the range for a house was:

Ozoir-la-Ferrière in the Seine-et-Marne department: €3,885. ($5,032 / £3,139)

L’Isle-Adam in the Val d’Oise department: €4,303. ($5,574 / £3,476)

For an apartment it was:

Ozoir-la-Ferrière in the Seine-et-Marne department: €4,525. ($5,861 / £3,656)

Pontault-Combault also in the Seine-et-Marne department : €4,577. ($5,929 / £3,698)

Le Point also named the 15 Paris streets where real estate was most expensive.

The most expensive per sq meter was Rue de Furstenburg in the 6th arrondissement. The street is in the heart of Saint-Germain des Prés. It was on this street where the couple Yves Montand and Simone Signoret, both deceased, lived.  Price per sq meter: €21,818. ($29,261 / £17,627)

Second most expensive was Avenue Elisées-Reclus in the 7th arrondissement. Per sq meter: €20,733. ($29,446 / £18,366). The street is in the shadow of the Eiffel Tower.

Third was Rue Guynemer in the 6th arrondissement. This leafy street runs alongside the Luxembourg Gardens and once novelist Françoise Sagan (Bonjour Tristesse) lived on this street in a modern glass-fronted apartment block. The price per sq meter was €19,621. ($25,415 / £15,852).

Rue Guynemer.The building where Francoise Sagan once (1970s/1980s) lived is the one front right.

The columned Place des Vosges in the 4th arrondissement where the notorious Dominique Strauss-Kahn lived with his wife French journalist Anne Sinclair before they split, comes in as the 7th most expensive street in Paris for real estate. The price there on the square was per sq meter: €17,372. ($22,501 / £14,035).

Place Saint-Sulpice in the 6th ranked as the 13th most expensive for real estate. It is on this square that the French actress Catherine Deneuve lives and where stands the Saint-Sulpice church of Dan Brown’s Da Vinci Code fame. The price per sq meter was €16,017. ($20,747 / £12,940).

Is your head spinning?

Before you fall down in a faint, I will just quickly tell you that if you are not very wealthy but you want to live in Paris all the same, and you want to buy your home, the arrondissements where real estate cost least are: 18, 19,20 and the most southern part of the 13th.  Having also lived in the 13th I find it a quiet and respectable area of Paris. I almost never go into the 19th and the 20th, but I’ve also lived in the 18th and those years were wonderful ones. It is in the 18th where you will find Montmartre, Place du Tertre and the Sacre Coeur.  I often go ‘up there’ and I always say to myself that I could easily live ‘up there’ again.

Do know, however, that Paris’s Red Light district, Pigalle, is also in the 18th.

The most expensive arrondissements are the three in central Paris, left of the Seine: 5,6,7, and then also the 16th in western Paris.

One last word: Remember for the above amounts you are buying just enough space to enable you to put down your wheelie suitcase.

 

 

 

 

 

 

Marilyn Z. Tomlins

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