If you were planning to buy your dream French property, this might actually be a good time. The French property is valued by buyers across the world as it is one of the high-end living spaces that anyone can dream of. Most importantly, if Ile-de-France, or the capital territory of France which includes Paris, its suburbs and the villages around it is your concern or choice for buying, the good news is the real estate price hardly fluctuates. Even during times of recession, the property demand and prices remained stable with no significant increase or decrease.
The inner ring of Paris, which includes Hauts-de-Seine, Seine-St-Denis and Val-de- Marn is the most expensive and could cost a lot. In the outer ring, which includes Val-d’Oise, Essonne, Yvelines and Seine-et-Marne prices tend to be a bit more affordable. The property prices in Paris are divided into 4 groups. The first, fourth, fifth, sixth and seventh arrondissements are the most expensive and cost between €7,500 to €8,800.
The 16th, eighth, second and third arrondissements cost €7,000 and the ninth, 15th, 14th, 13th, 12th, 11th and 17th arrondissements cost between €5,500- €6,300 per square metre. In the 10th, 18th, 19th and 20th districts they cost about €5,000 per square metre. Paris and France still remain some of the most expensive real estate markets in the world.
Via: French Property Shop
