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Where to find the best prime and ultra-prime property in Paris

Our expert guide to the most sought-after streets in Paris’s most desirable arrondissements

View of Paris, including the Eiffel Tower

The best real estate in Paris can be found in these key arrondissements and iconic addresses.

1st arrondissement

Price growth  2.6%

Most prestigious streets  Place Dauphine, Rue de l’Amiral de Coligny and Place de Valois

Paris’s smallest district is characterised by very low transaction volumes. In the heart of the Right Bank, it offers history, fashion and culture. The best addresses include apartments with views on Le Palais Royale, Tuileries Gardens or Place Dauphine, and prices range between €15,000 and €30,000 per sq m.

2nd arrondissement

Price growth  1.2%

Most prestigious streets  Rue Volney, Rue des Capucines and Rue Danielle Casanova

This small arrondissement is home to La Bourse (the former Paris stock exchange) and numerous bank headquarters. It is an area undergoing change, attracting entrepreneurs and start-ups. Prices stand 13.6% above their 2011 peak.

3rd arrondissement

Price growth  6.3%

Most prestigious streets  Rue des Quatre-Fils, Rue du Parc Royal, Rue Elzévir

Also known as the Haut-Marais, this district has experienced faster price rises than in any other prime area – at 22.6% in the past five years. Independent shops and a vibrant restaurant scene have supported the district’s rise.

4th arrondissement

Price growth  1.6%

Most prestigious streets  Quai de Béthune, Quai d’Orléans and Place des Vosges

Also known as Le Marais, this area’s highest prices range from €15,000 to €30,000 per sq m for property on Île Saint-Louis with views over the Seine. There is high demand for pieds-à-terre and prestigious apartments in 17th or 18th-century mansions.

5th arrondissement

Price growth  7.3%

Most prestigious streets  Quai de la Tournelle, Place du Panthéon and Rue Laromiguière

French families are attracted by the high-quality schools here, but family apartments are in short supply. Prices grew by 7.3% in the year to September 2018 – outperforming the city average.

6th arrondissement

Price growth  3.6%

Most prestigious streets  Rue Guynemer, Rue de Seine and Rue Bonaparte

Still the highest-value district in Paris, the 6th arrondissement encompasses both the Jardin du Luxembourg and the Saint-Germain-des-Prés quarter. It is emblematic of ‘l’esprit rive gauche’ (the spirit of the South Bank) with trendy boutiques, antique shops and plenty of cafés and bistros. It is a highly sought-after location for pieds-à-terre in the historic heart of the city.

7th arrondissement

Price growth  6.2%

Most prestigious streets  Avenue Émile Deschanel, Rue du Bac and Quai Voltaire

Home to many state institutions and historic private mansions, prices here have risen steadily – especially in the Saint-Thomas d’Aquin district. The highest prices (between €20,000 and €30,000 per sq m) are commanded by properties that have private gardens and/or panoramic views.

8th arrondissement

Price growth  4.8%

Most prestigious streets  Avenue Montaigne, Avenue George V and Rue du Faubourg Saint-Honoré

A district of contrasts – the most luxurious homes can be found in the south, with businesses and family homes in the north. Inside the ‘Golden Triangle’ between the Champs-Élysées, Avenue Montaigne and Avenue George V, prices average €15,000 to €30,000 per sq m.

16th arrondissement

Price growth  4.6%

Most prestigious streets  Avenue Foch, Avenue Georges Mandel, Avenue du Président Wilson, Place des États-Unis

Paris’s largest district is popular with expats and locals, thanks to its beautiful buildings and good schools. The north is defined by prime and ultra-prime homes on broad avenues, with views of the Eiffel Tower and the Arc de Triomphe. Prices here average €12,000 to €18,000 per sq m, while those in the south are much lower.

 

More insight on the Paris prime residential real estate market can be found in the Paris Spotlight by Savills Research.

 

Note: Price growth, year to September 2018, unless otherwise stated