Rising real estate prices: which neighborhoods remain attractive?

Is investing in real estate in Paris always a good investment? When we see average increases of 30% in the price per square meter over the past 5 years, you are quite entitled to ask yourself the question. But looking closer, district by district, the inequalities are appreciated by buyers, with always good bargains to be had in the capital.

The 19th offers the best discounts

Some Parisian neighborhoods are among the most popular, and it is very easy to see prices per square meter that have experienced record growth of nearly 40% over the past five years. The 10th arrondissement is the most convincing statistically, with the Bellville district conceding a 15% increase, for now €9,240 per square meter. The Saint-Vincent-de-Paul and Porte Saint-Denis sectors have the same appearance, following the general curve of real estate in Paris.

So for buyers and future investors in rental property, the good idea could well be the 19th arrondissement. Bordering the 10th district of the capital, the example of the Pont de Flandre district is one of the most telling. Admittedly experiencing a 21% increase over the last five years, with a price per square meter presented at €7,370, over the last year, the situation seems to be reversing. It is indeed a drop of 4.10% that was highlighted by our (https://www.parisearch.fr/) real estate hunters in Paris.

In the same vein, still in the 19th arrondissement of Paris, the districts of La Villette and America do not exceed 9,000€/m2. The first named even presenting an index of -3.4 points over the last three months. A good omen for buyers and investors wishing to settle in one of the districts still undergoing rapid change with the Greater Paris urban project.

The 20th for the Right Bank, the 13th for the Left Bank

Among our research and observations on the evolution of the price of real estate in Paris, it appeared to us that to take advantage of welcoming neighborhoods, but also very well located, good deals are located both in the 20th arrondissement and in the 13 arrondissement. So it is true, lovers of the Right Bank will most certainly prefer the Père-Lachaise or Charonne districts. These two sectors of the 20th arrondissement offer great prospects, again and again, for investors. The increases over the last 5 years are among the least significant (+ 30%), with prices per square meter not exceeding €9,000.

For hardcore fans of the Left Bank, what could be better than choosing the 13th arrondissement of Paris for real estate. Perfectly incorporated, like the North, in the Greater Paris project, with new metro and tram lines, the Gare district is the most attractive of all. Only €8,500/m2 for future buyers, with the added bonus of proximity to the banks of the Seine, the François-Mitterrand Library, and direct access to line 14 of the metro, which in the coming years will become one of the most important in all of Paris. The Maison Blanche district is just as attractive, with a price displayed at €8,800/m2.

Average prices soon to be estimated at €10,500/m2

In order to fully understand the attractiveness of the previously named Paris neighborhoods for real estate, one must see a record rise in all prices in the French capital. Conversely, neighborhoods such as Clignancourt (+ 38.70%), La Chapelle (+ 40.80%) and Porte Saint-Denis (+ 39%) are among the fastest growing sectors over the past five years.

If we come to compare prices per square meter, Hôpital Saint-Louis, Auteuil, Épinettes or even Javel are sold almost to the highest bidders, with an average of €9,500/m2. And for real estate experts in Paris, this is just the beginning. By the end of 2020, or early 2021, some neighborhoods will cost more than €10,500/m2.