Paris: 10th arrondissement
The 10th is home to two of the major train stations in Paris, Gare du Nord and Gare de l’Est, attracting Brits who seek conveniently located pied-á-terres. The Canal Saint Martin has become the focal point for the changing face of this once hard, working-class neighborhood with shops, restaurants, bars, and a creative variety of housing options: repurposed factories turned hip lofts mix with more traditional apartments. The 10th is noted as being one of the most sought-after areas in Paris in terms of real estate investment because the affordably-priced property here is expected to go up dramatically in the coming years with the gentrification well under way.
Average price: €10,006/m2; +10.3% over one year; +77.4% over 10 years
As the area gradually gentrifies it has become increasingly difficult to find apartments at a bargain price in the 10th arrondissement, particularly because many owners don’t want to sell for fear they won’t be able to upgrade to a bigger apartment. Near the Canal Saint Martin and Place de la République, prices are climbing and the area has a hip, buzzy feel, but around La Villette and Saint Denis prices are still reasonable.
Current Market Prices — 10th arrondissement
|Neighborhood||Price/m2 in euros|
|Saint-Vincent-de-Paul||€ 6,763||€ 9,173||€ 11,930|
|Saint-Denis||€ 6,763||€ 9,173||€ 11,930|
|Saint-Martin||€ 7,691||€ 10,573||€ 13,736|
|Saint-Louis||€ 7,007||€ 9,673||€ 12,523|