Real Estate in Paris, France

Real Estate in Paris

Last updated on Mar 01, 2023

Summary: The most desirable neighborhoods in Paris, France are the Marais, the Latin Quarter, the 7th arrondissement, the 16th arrondissement, and the 8th arrondissement. The average cost to buy a nice 2 bedroom home in Paris is around $1.2 million USD, and the average cost to buy a nice 3 bedroom home is around $2.2 million USD. These properties typically include high ceilings, large windows, and balconies with views of the city. Amenities may include a concierge, a fitness center, and a swimming pool. Foreigners are allowed to purchase property in Paris, but there are certain restrictions. For example, foreigners are not allowed to purchase more than one property in the city, and they must have a valid visa and residence permit. The best way for an expat to search for a home to buy in Paris is to use a real estate agent who is familiar with the city and its neighborhoods. An expat should also research the different neighborhoods and compare prices to find the best deal. Additionally, an expat should consider the amenities and services offered in the area, as well as the local transportation options.

How do I find a place to live in Paris?

We asked expats how they chose their neighborhood and found a place to live. They answered:

"When considering finding a place to live in Paris, it is important to research the many options available. Depending on your budget and preferences, you could look for a rental on sites such as Airbnb, SeLoger and LeBonCoin, or explore options on corporate housing sites, such as Nestpick and Homelike. You could also look at real estate agents such as Paris Housing, who will help you to find a home tailored to your needs. Additionally, there is the possibility of finding sublets or long-term accommodations through the many Facebook groups dedicated to helping expats find the perfect living space. Take your time to research and explore the various options, since finding the perfect new home in a city as large and diverse as Paris is no easy task," remarked one foreigner who made the move to Paris, France.

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About the Author

Joshua Wood, LPC joined Expat Exchange in 2000 and serves as one of its Co-Presidents. He is also one of the Founders of Digital Nomad Exchange. Prior to Expat Exchange, Joshua worked for NBC Cable (MSNBC and CNBC Primetime). Joshua has a BA from Syracuse and a Master's in Clinical and Counseling Psychology from Fairleigh Dickinson University. Mr. Wood is also a licensed counselor and psychotherapist.

Some of Joshua's articles include Pros and Cons of Living in Portugal, 10 Best Places to Live in Ireland and Pros and Cons of Living in Uruguay. Connect with Joshua on LinkedIn.