This Paris Life

Expert Insight, Breaking News, and Insider Stories on Real Estate in Paris

Avenue Montaigne one of world's most expensive streets • Paris Property Group

Avenue Montaigne ranks in the Top 10 Most Expensive Streets Worldwide

A recent study reveals that the Avenue Montaigne in the 8th Arrondissement (district) is among the top 10 most expensive streets in the world for luxury real estate.

The study ranked streets by their average price per square meter. At the top came Pollock’s Path in Hong Kong at a substantial 120,000€/m2. Avenue Montaigne came just behind New York’s Fifth Avenue (29,000€/m2) with an average price of 28,000€/m2.

Avenue Montaigne is located in the ‘golden triangle’ of Etoile-Concorde-Alma, with its upscale hotels, restaurants, clubs, and luxury shopping. In recent years, foreign buyers – particularly from the Middle East – have been targeting the street for its large, stylish apartments.

 

You might also like

Russian, Chinese and Middle Eastern buyers give the French prestige property market a boost

Paris’s iconic department store la Samaritaine undergoes redevelopment

Who Owns Paris Real Estate?

Developments in French property sales to non-residents

Contact Paris Property Group to learn more about buying or selling property in Paris.

Search
Find us on
Facebook
Get the PPG Monthly newsletter

Contact us
By phone
In France +33 (0)9 75 18 18 99
From the US (917) 779-9950
By email
Stay current on the Paris real estate market:
Sign up for our newsletter
Thank you and welcome aboard!
* Required fileds