This couple had their heart set on a monument view from the windows of a three bedroom apartment in a period building. The Hausmmannian property they chose has a stunning view of the Arc de Triomphe, and even includes a terrace, a rarity in this neighborhood. The new look a local designer gave it has transformed it into a truly stunning property.
100m2 (1,076 sq ft)
Paris: 16th arrondissement
The bourgeois 16th is still the strong favorite for families looking for good schools, tree-lined boulevards and well-maintained dressed stone buildings. This large arrondissement, spanning the entire west side of Paris, contains mostly residential neighborhoods, but also a couple of gorgeous parks. The immense Bois de Boulogne offers everything from horse racing, to boating on lakes, a children’s amusement park, extensive rose gardens, an outdoor theatre and a number of lovely restaurants. The areas closest to the Arc de Triomphe, Trocadero, and the Place Victor Hugo are the most expensive areas for real estate, while the area to the south along Ave. Mozart to Village d’Auteuil is populated with gated communities of single-family mansions. Historically the home of the French and international bourgeois, the many hôtels particuliers here remain prestigious private homes, or house a number of Paris’ museums, embassies and cultural centers.
Average price: €11,079/m2; +6.7% over one year; +38.1% over 10 years
The 16th arrondissement is still the strong favorite for families looking for good schools, lush parks, good quality of life and well-maintained classic style buildings. Prices are highest in the northern areas around Victor Hugo, the Etoile and the Trocadero. Prices dip farther south near around avenue Mozart and the Mairie, as well as the area near Auteuil, which is a favorite for some French residents for its village-like feel. The lowest prices are found in the southern most part of the 16th.
Current Market Prices — 16th arrondissement
|Neighborhood||Price/m2 in euros|
|Auteuil||€ 7,581||€ 10,235||€ 13,928|
|Muette||€ 8,413||€ 11,395||€ 16,175|
|Porte-Dauphine||€ 8,532||€ 11,493||€ 16,651|
|Chaillot||€ 8,616||€ 11,693||€ 17,316|