Price Trends per Square Meter in Paris's 16th Arrondissement

Prices per square meter in Paris’s 16th arrondissement vary widely

On the 16th^th The 16th arrondissement is anything but homogeneous in terms of real estate. This is undeniably reflected in its price disparities. In fact, the 16th arrondissement can be divided into two different parts : the northern part of the borough, which is the most sought-after, and the southern part, which is less desirable.

The northernmost part of Paris's 16th arrondissement (Porte Dauphine, Iéna, Étoile, Argentine) is thus the highest in terms of real estate prices. In contrast, the southwestern part of the 16th^th The district (Auteuil Sud, Porte de Saint Cloud) is much more accessible.

For example, the average price per square meter in Porte Dauphine is €11,870. In the neighborhood In Auteuil, this price is approximately €11,000.

At street level, Prices are highest on the side of Place de l’Alma (up to €17,000 per square meter). The streets of the Frères Perier and Gaston de Saint-Paul are also not far behind, with prices per square meter ranging from €15 to €16,000. On the other hand, the streets Charles Tellier and Van Loo, among others, are much more accessible. The average price per square meter there is around €9,400.

How can you get a good deal when buying in the 16th arrondissement?

In Paris, good real estate deals are rare. But it is possible to find the right product at the right price (and at the right time!). Upward trend in prices in Paris's 16th arrondissement (+4.8 % in 1 year; +11.1 % in 2 years; +26.3 % in 10 years) makes it a sure bet for a real estate purchase.

If you're thinking aboutBuy in Paris's 16th arrondissement, start by checking out the liveliest neighborhoods in the district. The 16th^th It sometimes has the reputation of being far from the center of Paris and the shops (which suits some people perfectly). By shopping near the village of Auteuil or the Trocadéro, for example, you ensure that you are near the public transport and shops. Even though these neighborhoods remain expensive, they are safe investments: a well-located property will rent and sell easily.

If you're a fan of micro-neighborhoods (which are like mini-cities within the capital), be sure to check out the Passy and La Muette neighborhoods. Easily accessible, they’re home to plenty of restaurants, cafés, and shops that are quintessentially Parisian. The southern part of the 16th arrondissement is more working-class,^th This district is more flexible when it comes to pricing. You'll find it easier to make bold offers and score a good deal there.

You now have a better idea of the trends in prices per square meter in Paris’s 16th arrondissement. Of course, these are just estimates of the real estate market at this particular moment. To take your real estate valuation and/or investment plans in the 16th arrondissement a step further^th In this district, it's best to seek advice from a professional.

That's what we offer at CENTURY 21 New Auteuil Immobilier. Contact Us or come and see us directly to learn all about the latest trends in the price of square meters in Paris 16. See you soon!