House prices in Paris

How much does it cost to buy a house in Paris? Here is the answer to one of the most frequently asked questions about the house prices in Paris.

Such as in every other city in the world, there are many factors that influence the price of a house in Paris – the most obvious is the area. Here is some information about what determines the price of a house in Paris.

Which are the prices for buying a house in Paris?

Buying a house in Paris is expensive! The average price of the residential field is about 8500 euros per square meter. It is the most expensive on the Continent, along with that of housing prices in the center of London.

But the value of luxury properties in Paris can reach even higher levels. Just think that some houses cost 20 thousand euros per square meter! In the real estate market in Paris, the fact that new constructions are rare has a certain influence.

If you want to buy a house with the basic comforts in Paris, prepare to spend lots of money. 300 thousand euros can buy a tiny studio or a very tiny house in buildings where the common areas are not always the best for everyone. In many period buildings, for example, there is no elevator.

If you are dreaming about buying a 100 square meters house in Paris, in good condition and in a good area, you must be prepared to spend at least 1 million euros.

Among the 20 arrondissements, the districts of Paris, investors focus mostly on the 4th, the 6th, and the 7th.

However, there is also an interest in more peripheral areas, such as arrondissement 10, in the area of Canal Saint-Martin, and the 11th. Arrondissement 11 is very charming. It is identified as the bobò area, a term that refers to bourgeois and bohemian at the same time.