A gifted photographer and a successful pastry chef sought to buy a home in Paris’ 10th arrondissement, where they had already been renting for years. Unafraid to explore edgy, up-and-coming areas with sound potential, they settled on a Haussmannian apartment with beautiful original features near the Gare du Nord.
160m2 (1,722 sq ft)
Paris: 9th arrondissement
The 9th is an area that Parisians love and it is easy to see why: a good mix of fresh markets, street shopping, nightlife, theaters, and affordable new restaurants keeps the neighborhoods bustling and make this area highly sought after to live. Just south of Pigalle (which Parisians have started to affectionately call SoPi in honor of SoHo) down to Saint Georges and around the rue des Martyrs is one of the most charming, young, hip and livable areas in Paris. The fire has caught on, and great properties now command a high price here too.
Average price: €10,984/m2; -4.3% over one year; +23.7% over 10 years
In the area of Martyrs-St Georges, the trendiest neighborhood in the 9th arrondissement, it’s hard to find anything outside the 50 to 80m² size, and the prices are the highest in the area. For a larger family apartment, look in the neighborhoods near the Grands Boulevards around La Fayette-Châteaudun, or the streets around rue Clichy and rue Amsterdam, where a nice-sized apartment can be had for less.
Current Market Prices — 9th arrondissement
|Neighborhood||Price/m2 in euros|
|Saint-Georges||€ 8,346||€ 11,082||€ 14,725|
|Chaussée-d'Antin||€ 8,529||€ 11,293||€ 15,781|
|Faubourg-Montmartre||€ 8,248||€ 10,850||€ 14,108|
|Rochechouart||€ 8,102||€ 10,880||€ 13,822|