The unrivalled Left Bank

6th and 7th arrondissements

Most prestigious streets Place Saint-Sulpice, Rue du Bac, Rue de Varenne

The two highest-value districts in Paris have seen prices outperform Paris as a whole, with values rising by 9.1% in the 6th arrondissement and 7.1% in the 7th arrondissement in the year to September 2019. They encompass historical and sought-after areas such as Saint-Germain-des-Prés, Odéon, Invalides and Champ-de-Mars.

These arrondissements attract both foreign buyers looking for pieds-à-terre in the historic centre of Paris, along with expats and families seeking good schools. Some of the highest prices are commanded by mansion houses with gardens – a large proportion of the city’s houses are found here.

‘Esprit de Village’

17th and 18th arrondissements

Most prestigious streets Rue Legendre, Place Charles Fillion, Avenue Junot

As more buyers and renters are drawn to the convenience of village life in the city, the appeal of the ‘urban villages’ of the 17th and 18th arrondissements have risen. This has boosted values across these arrondissements as a whole, which have risen faster than the prime average.

Les Batignolles, in the 17th arrondissement, is a village-like district characterised by 19th-century churches, cafés, bakeries and restaurants with open terraces. The area has become popular among young professionals and families, and the local city hall has had to open new schools in response. The 18th’s Montmartre is a world-famous village in demand, with tourist attractions, bohemian residential areas and shops.

Vibrant regeneration areas

9th and 10th arrondissements

Most prestigious streets Place Saint-Georges, Rue d’Aumale, Rue Beaurepaire

Up-and-coming areas undergoing regeneration and located near transportation hubs, such as Gare du Nord and Gare de l’Est, have seen some of the best price performance in Paris over the past year. The 10th arrondissement recorded the strongest price growth in the 12 months to September 2019, with values rising by 9.7%.

In the 9th, South Pigalle (SoPi) is fast becoming one of Paris’s trendiest neighbourhoods. It is well-known for its cultural offering, which includes concept stores, in-vogue bars and restaurants, as well as the recent 21 Blanche sport club and the upcoming Soho House Paris.

In the 10th, Canal Saint-Martin is one of the few open waterways in Paris which offers large pedestrianised spaces in a central location. The Canal is attracting young households and first-time buyers looking for a vibrant neighbourhood, as new restaurants, bars and even co-working spaces open up in the area.

Historical prime Paris

3rd and 4th arrondissements

Most prestigious streets Place des Vosges, Rue du Parc Royal, Quai de Béthune

Prime property in the historical centre of Paris, known as Le Marais, is still highly sought-after. The 4th arrondissement is a popular tourist destination and is a hotspot for short lets. A major real estate project is being developed with the former Préfecture de Paris site on Boulevard Morland, including residential units, hotels and restaurants.

The 3rd arrondissement has emerged as a popular alternative for homeowners and renters, offering many of the same characteristics. Values are also catching up fast, increasing by 8.4% in the year to September 2019 compared with 0.4% in the 4th arrondissement during the same period.

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