Geographic Information
Description of Paris
France’s capital didn’t perform particularly well in 2013 but in the biggest cosmopolitan centres like Paris, there are always excellent investment opportunities to be found; it’s just a case of understanding the risks associated with buying to sell in the current market and the comparative safe-haven of targeting holiday lets.
Paris stands alongside New York, London and Hong Kong as one of the world's most important prime and luxury property markets. Long-term rent yields never tend to go above the 3.5 per cent mark in Paris, regardless of the size and type of property purchased. However, short-term yields can be exponentially higher if letting out to tourists in any of the main cultural centres of Paris where accommodation prices are notoriously high for much of the year.
High-end real estate is popular in the city centre, while prices get cheaper as buyers move towards the outer arrondissements.
Current Property Prices in Paris
202 properties listed for sale in Paris
1 bed apartments:
13 listed for sale£228,309 to £1,571,307
Average: £936,980
2 bed apartments:
52 listed for sale£368,535 to £3,939,210
Average: £1,370,106
3 bed apartments:
68 listed for sale£603,137 to £7,869,666
Average: £1,645,223
4 bed apartments:
22 listed for sale£805,350 to £15,756,840
Average: £3,599,045
2 bed houses:
2 listed for sale£1,041,702 to £1,190,517
Average: £1,116,109
3 bed houses:
3 listed for sale£1,479,392 to £2,617,386
Average: £1,943,343
4 bed houses:
4 listed for sale£777,337 to £7,440,730
Average: £2,764,668
5 bed houses:
4 listed for sale£989,179 to £2,709,301
Average: £1,839,392
6 bed houses:
2 listed for sale£919,149 to £1,706,991
Average: £1,313,070