All real estate in Paris, France

Location, climate, and economy

Paris is the capital of France and the administrative center of the Île-de-France region. It is a separate department of France, located on the Seine River.

The climate is moderate. The average annual temperature is 12°C, the coldest month is January (4.7°C), the hottest is July or August (20°C).

Paris is the most important economic center of France. The main part (85%) of jobs belongs to the service sector; the tourism business is well developed there. The city is the center of world trade (cars, aircraft, stationery and camping equipment); the main national industrial district (vehicles, power equipment, electronics, clothing, cosmetics), financial and banking capital; a major transport hub (2 international airports). Thanks to the concentration of French and international firms in the city, Paris provides about a third of the country's GDP.

Real estate market in Paris

The real estate market in Paris is considered unique. Real estate in the city is distinguished by economic pricing, architectural features, specificity and originality of certain types of real estate. Real estate prices in Paris are unevenly distributed depending on the living conditions in each individual area, the condition of houses and apartments, the popularity of the quarter, and can change monthly.

The advantage of new buildings in Paris is a more competent layout and the availability of underground parking. It is worth noting that you should not expect a spacious area from residential real estate in Paris (an apartment of 10 sq.m. is considered the norm here).

The districts of Paris differ significantly, and each has its own identity: there are business districts (Ternes, Rue Clair, Rue du Poto), tourist districts (Eiffel Tower, Saint-Michel, Montmartre), calm districts (Auteuil, Invalides), green districts (Monceau Park, Buttes Chaumont, Luxembourg Gardens), and lively districts (Latin Quarter, Bastille, Republic, Champs Elysees), etc.

Residential districts in Paris, which were put into operation, comply with building codes, as evidenced by customer reviews. When selling projects under construction, Paris developers offer promotions, discounts and installment payments.

The cost of real estate in Paris

Property values in Paris rose by less than 4% between the first quarter of 2021 and first quarter of 2022, according to global real estate firm Knight Frank. An excellent opportunity for buyers to invest in the objects of the city is right now.

In the most elite Parisian districts, the price per square meter reaches 30,000 euros. The average price of a two-room apartment with an area of 30 sq.m. is 500 thousand euros. The cost per square meter in new buildings of the middle price segment starts from 12,000 euros. In districts located about 7-8 kilometers from the Eiffel Tower, the cost per square meter in new buildings starts at about 6,000 euros.

Real estate in Paris, of course, has a high price (in 2022 it is considered one of the most expensive in the world), but the relentless demand shows that such a price is justified.

Property types for sale

Potential investors can purchase both a compact studio apartment and a luxury apartment in Paris. Commercial real estate in the capital of France is popular (offices, hotels, as well as villas on the outskirts of the city). These are the following property types in Paris:

• residential (apartments in Paris, houses, penthouses, villas, townhouses, castles, etc.);
• commercial (shopping space, office space, warehouses, hotels, etc.);
• land plots.

Real estate website in Paris

We recommend that you use only expert information and follow the instructions of specialists. The GEOLN.COM real estate website with a convenient search interface, which presents the current catalog of verified properties in Paris will assist you in choosing and purchasing apartments.

Buying property in Paris: the nuances of investing

There are no restrictions on the local real estate market for foreign residents - they can freely buy real estate in Paris (apartments, houses, commercial real estate or land). Buying residential property in Paris means getting a source of passive income. The purchase also serves as a good reason for further obtaining a residence permit. If the value of residential real estate purchased by the buyer in the city exceeds 300,000 euros, then the fact of purchase allows you to apply for a residence permit in France.

Buying and selling real estate in Paris is clearly regulated by law. The notary bears financial responsibility and is obliged to fully check the contract and the object.

Buying property in Paris is a profitable investment that guarantees the preservation and growth of assets in the city, which is the most important political, administrative, economic, financial, cultural and academic center of France and Europe.