The 7th arrondissement of Paris is one of the most prestigious districts of the city, with a high concentration of tourist sites, embassies and museums. It is also a residential area popular for luxury real estate. Here is an overview of the most sought-after prices, trends and neighborhoods for luxury real estate in the 7th arrondissement of Paris in 2023.
Indicative real estate prices
The 7th arrondissement of Paris is one of the most expensive neighborhoods in the city. The average price for luxury real estate is around €18,000/m². However, prices can vary considerably depending on the location, size and characteristics of the property.
Trends
The luxury real estate market in the 7th arrondissement of Paris has experienced strong growth in recent years. Buyers are attracted by the prestige and security of the neighborhood, as well as the breathtaking views of the Eiffel Tower and the Seine. The most sought-after properties are luxury apartments with views of the Eiffel Tower, Haussmann-style buildings with large areas and high-end services.
The most sought-after streets and neighborhoods
The Invalides district is one of the most popular areas for luxury real estate. It offers stunning views of Les Invalides and the Eiffel Tower, as well as quiet, residential streets. The most sought-after streets for luxury real estate are rue de Bourgogne, rue de l'Université and rue de Varenne. These streets are lined with historic buildings with large surfaces, high ceilings and high-end services.
The market in 2023 in Paris 7
Experts predict a continued rise in luxury real estate prices in the 7th arrondissement of Paris in 2023. Buyers will continue to be attracted by the beauty and prestige of the neighborhood, as well as by security and proximity to tourist sites. The most sought-after properties will be luxury apartments with a view of the Eiffel Tower, Haussmann-style buildings with large areas and high-end services.
In conclusion, luxury real estate in the 7th arrondissement of Paris offers attractive investment opportunities for those looking to live in one of the most prestigious areas of the city. With its breathtaking views of the Eiffel Tower and the Seine, its quiet residential streets and its historic buildings, the 7th arrondissement of Paris is the ideal place to invest in luxury real estate in 2023.
Photo: Paris 16, CC BY-SA 4.0, via Wikimedia Commons
The districts of the 7th arrondissement, Paris 7
Luxury real estate for sale in France
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