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Location
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.
![](https://parispropertygroup.com/data/uploads/2016/07/carte_arrondissement_10-768x478.png)
![](https://parispropertygroup.com/data/uploads/2016/07/10th_Le_long_du_Canal_St_Martin-768x510.jpg)
Average price: €9,506/m2; -7.0% over one year; +22.4% 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 | ||
---|---|---|---|
Low | Medium | High | |
Saint-Vincent-de-Paul | € 6,687 | € 8,778 | € 11,260 |
Saint-Denis | € 7,173 | € 9,827 | € 12,897 |
Saint-Martin | € 7,417 | € 9,926 | € 12,748 |
Saint-Louis | € 6,983 | € 9,292 | € 11,849 |