Preferences Preferences To safeguard0
Contact us
Paris Ouest (Paris 16ème - Victor Hugo)
Sotheby's International Realty
Paris Ouest (Paris 16ème - Auteuil)
Sotheby's International Realty
Paris Ouest (Paris 17ème - Etoile Monceau)
Sotheby's International Realty
Paris Ouest (Neuilly-sur-Seine)
Sotheby's International Realty
Paris Ouest (Hauts-de-Seine - Yvelines)
Sotheby's International Realty
Paris Marais
Sotheby's International Realty
Paris Est
Sotheby's International Realty
Send an email

Preferences

Currency

My research
  1. Home
  2. >
  3. All news
  4. >
  5. Press
  6. >
  7. The 15th rides the wave of the crisis
Posted on 09/17/2021

The 15th rides the wave of the crisis

LES ECHOS

Share this link
The 15th rides the wave of the crisis
The 15th arrondissement has benefited from Covid-19 crisis. Its prices, cheaper than those of the north, allow to purchase larger surfaces in a nice environment. Moreover, it’s a very sought-after area because of its proximity with the 7th and the Seine quays. And there are many prestige properties: houses, lofts, duplex apartments with balcony or outdoor space, “indispensable criterion” according to Christelle Stachera-Caché, specialist of the 15th at Sotheby’s International Realty. But prices keep climbing, particularly in northern areas, especially in Grenelle. For flawless quality properties, the average price is €12,415 per sq. m, but it can clearly increase depending on the localization. The south, which used to seem too far from the Parisian center, is revitalizing, just like Pasteur-Montparnasse area which offers recent buildings. Families, who are especially careful with schools, value micro-districts such as Commerce or Convention.

To read the full article, click here.
The latest articles
Paris luxury real estate in 2025: A resilient market amid economic challenges
Read more
Paris luxury real estate in 2025: A resilient market amid economic challenges

According to a report by Sotheby’s International Realty France-Monaco, the network recorded nearly €1.4 billion in sales for 750 transactions, a limited 7% decline compared to 2023, when 800 sales were completed. Despite a concerning economic and political climate,...

Read more
Single women: A rising force in the luxury real estate market
Read more
Single women: A rising force in the luxury real estate market

The luxury real estate sector is undergoing a profound transformation, driven by the rise of single women as influential buyers. A recent study by Sotheby’s International Realty highlights their growing impact on the market for exceptional properties and penthouses...

Read more
Luxury real estate in Paris: A positive 'Trump Effect' expected
Read more
Luxury real estate in Paris: A positive 'Trump Effect' expected

A luxury market in full evolution — Despite a climate marked by economic and political uncertainties, luxury real estate in Paris continues to affirm its status as a safe haven. In 2024, prestigious agencies, notably Paris Ouest Sotheby’s International Realty, have...

Read more