Paris Île-de-France is the economic and cultural heart of France, offering a vibrant real estate market with opportunities for both investors and homebuyers. Whether you’re looking for a Haussmannian apartment, a modern penthouse, or a historic townhouse, the region provides a variety of options to suit different lifestyles and budgets.
Paris Ile-de-France forms a region in North of France. It is bounded to the east by Grand Est, to the north by Hauts de France and Normandy and to the south by Centre-Val de Loire and Burgundy-Franche Comté.
The Ile-de-France region consists of eight départements: Paris (75), the Seine-Saint-Denis (93), the Val de Marne (94), the Hauts-de-Seine (92),the Val d’Oise (95),the Yvelines (78), the Essonne (91) and the Seine-et-Marne (77).
Why Buy Property in Paris?
Paris remains one of the most sought-after real estate markets in the world due to its strong demand, international appeal, and solid investment potential. Here’s why buying property in Paris is a great choice:
✅ Strong Resale Value – Paris property prices have historically increased over time, making it a safe investment.
✅ High Rental Demand – With millions of tourists, students, and professionals, Paris has a strong rental market, offering excellent yield potential.
✅ Cultural & Economic Hub – As the capital of France, Paris is a thriving center for business, art, and culture, making it an attractive place to live.
✅ Stable Market – Unlike other global cities, Paris has a regulated real estate market, which helps maintain stability and prevent speculation.
Best Areas to Buy an Apartment in Paris
Paris is divided into 20 arrondissements (districts), each offering unique benefits for property buyers. Here are some of the top areas to consider:
1. Le Marais (3rd & 4th Arrondissement) – Historic & Trendy
✔ Charming cobblestone streets, historic buildings, and vibrant nightlife. ✔ Ideal for short-term rentals and luxury apartments.
2. Saint-Germain-des-Prés (6th Arrondissement) – Elegant & Prestigious
✔ Known for its upscale boutiques, historic cafés, and art galleries. ✔ Popular among wealthy buyers and investors.
3. 16th Arrondissement – Luxury & Family-Friendly
✔ Large apartments, green spaces, and prestigious schools. ✔ Ideal for families and long-term investment.
4. 17th Arrondissement – Emerging & Affordable
✔ A blend of Haussmannian charm and modern developments. ✔ More affordable than central Paris but with excellent amenities.
5. Montmartre (18th Arrondissement) – Bohemian & Artistic
✔ Offers a village-like atmosphere with stunning views of Paris. ✔ More affordable than other prime locations.
Average Property Prices in Paris (2024)
The price of real estate in Paris depends on location and property type. Here’s an overview of average prices per square meter:
| Area | Average Price (€/m²) |
|---|---|
| Le Marais | €13,000 – €16,000 |
| Saint-Germain-des-Prés | €14,000 – €20,000 |
| 16th Arrondissement | €10,000 – €14,000 |
| 17th Arrondissement | €9,000 – €12,500 |
| Montmartre | €8,500 – €11,000 |
(Prices vary depending on the property’s condition, size, and location within the arrondissement.)
How to Buy Property in Paris as a Foreigner
The French property-buying process is straightforward but regulated, ensuring protection for both buyers and sellers. Here’s a step-by-step guide:
1️⃣ Find the Right Property – Work with a registered real estate agent who understands your needs and budget.
2️⃣ Make an Offer – Once you find a property, you submit an offer (offre d’achat).
3️⃣ Sign the Preliminary Contract – If the seller accepts, you sign the Compromis de Vente and pay a 10% deposit.
4️⃣ Cooling-Off Period – You have 10 days to change your mind without penalties.
5️⃣ Secure Financing (if needed) – Arrange a mortgage or financing if you’re not paying in cash.
6️⃣ Sign the Final Deed – The Acte de Vente is signed at the notary’s office, and you officially become the owner.
7️⃣ Pay Taxes & Fees – Expect to pay notary fees (7-8%), stamp duty, and property taxes.
Luxury & Investment Properties in Paris
Paris is home to some of the world’s most exclusive properties, perfect for high-net-worth individuals and investors. Luxury real estate includes:
🏡 Haussmannian Apartments – High ceilings, intricate moldings, and prime locations.
🏡 Penthouse Apartments – Stunning city views, often with terraces.
🏡 Historic Mansions – Exclusive, spacious properties in prestigious neighborhoods.
🏡 Investment Properties – Buy-to-let apartments for short-term or long-term rentals.
Living in Paris: Lifestyle & Amenities
Paris is not just about buying property—it’s about embracing a unique lifestyle. The city offers:
🍽 World-Class Dining – From Michelin-starred restaurants to charming bistros.
🎭 Cultural Attractions – Museums, art galleries, and historical landmarks.
🛍 Luxury Shopping – Designer boutiques on Avenue Montaigne and Faubourg Saint-Honoré.
🌳 Parks & Green Spaces – Bois de Boulogne, Jardin du Luxembourg, and more.
🚇 Excellent Transport Links – Metro, buses, and direct connections to London via Eurostar.
Find Your Dream Property in Paris
At Sextant Properties, we specialize in helping international buyers find apartments, townhouses, and investment properties in Paris. Our team of bilingual real estate experts is here to guide you through every step of the process.
🔹 Exclusive Listings – Access off-market properties before they hit the market.
🔹 Local Expertise – We work with licensed French real estate agents who know the Paris market inside and out.
🔹 Full Support – From property search to legal paperwork, we handle everything.
📞 Contact us today to start your Paris property search!
📩 Request a Free Consultation | 📞 Call Us: 020 7428 4910
