set-72157603564849286 louvre The buying  process signing the final deedCity of lights, city of romance, Paris is not only the capital of France, but it is the top destination for tourists with close to 30 million visitors in 2010. With more than 400 conventions each year, Paris and its suburbs are the number one region for professional encounters, and shows. Paris is the center of Europe, easily accessible by plane, and TGV (high speed train) (2 hours and fifteen minutes from London, 1 and a half hours from Bruxelles, 3 hours from Geneva).

Paris is the city of good living, elegant cuisine,beautiful monuments, a city of art, outdoor cafes, and outdoor food markets.

The manageable size of Paris compared to other major cities offers a variety of neighborhoods all with very different sights and experiences worth discovering.

Each area not only has a general type of architecture that prevails, as well as a kind of lifestyle, a tradition whether it be family, business, hipster or bobo…

Are you left bank or right? West Paris or East?

img3img4Historically the left bank was the bourgeois and intellectual area, with its famous Universities: La Sorbonne, etc.  The right bank is more sophisticated with the Champs Elysees, Place Vendome and the Ritz hotel.

 

Before searching an apartment in Paris, it’s important to identify your personal taste, and the characteristics of each neighborhood.

Do you prefer a residential or lively area? Do you like small neighborhoods or large business areas? Here is a sampling of different “quartiers”:

Neighboorhood feel, close to outdoor markets, where people gather to shop, get to know one another:

In the 3rd arrondissement the rue de Bretagne, in “Le Haut-Marais”, running along the “Square du Temple” is a concentration of food shops, florists, restaurants cafes and its annual flea market. The “marche des enfants rouges” is a place where one can buy food as well as eat lunch among the various stands.

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In the 12th, The marché d’Aligre is located between Bastille and the Gare de Lyon,  It is a very international market with products from North Africa, India and Asia. There are many furniture, and upholstery ateliers, along the rue du Faubourg Saint Antoine. The Coulée Verte above the Viaduc des Arts is a beautiful planted path for walking or jogging.

The 5th and the Marche de la rue Mouffetard

The 17th arrondissement surrounding Marche Poncelet and Levis

Located in the west of Paris close to the Arc de Triumph, and close to the Champs Elysees, the Poncelet market offers a diversity of fresh products not far from the Ternes market, the oldest in the capital.

The Levis market and the streets nearby propose a large selection of famous gastronomic specialities.

Central Paris ideal for a “Pied a terre”

image32Most foreign buyers focus on the center of Paris; 1st,2nd,3rd,4th,5th,6th, and 7th arrondissements, and the “Golden Triangle” which includes the north of the 16th and the 8th arrondissement.

Some examples of these neighborhoods and why they are ideal for a “pied a terre”.

The 1st arrondissemnent , home of the Louvre the Tuileries Gardens as well as the luxery shops on rue Saint Honore.

The 6th arrondissement with it’s Saint Germain des Pres quarter once the haunt for philosophers, now represents a shopping haven for fashion and design. The department store Le Bon Marche, and it’s famous food market the Grande Epicerie.

The most popular tourist spots are the Eiffle Tower, located in the 7th arrondissement and it’s Champs de Mars Garden.

img12The Avenue des Champs Elysees in the 8th arrondissement is considered the most beautiful avenue in the world. It stretches from the place de Concorde to the Arch de Triumph. This Place de Charles de Gaule is the intersection of thirteen large Parisian avenues. Here is a concentration of luxery hotels, famous designers, restaurants, as well as the Palais de l’Elysee, the home of the President.

The Marais located in the 3rd and 4th arrondissement is one of the oldest and most authentic neighborhoods, conserving it’s natural beauty and charm. This area has several famous monuments; the Carnavalet Museam, the Picasso museam, the Place des Voges where Victor Hugo lived.

Most families look for residential quiet neighborhoods, with little night life and an emphasis on good schools.

img16 The 16th arrondissement is without doubt is one of the most popular with families. Large residential areas with shopping streets such as rue de Passy, and Auteuil, and Victor Hugo. Here the buildings are chic on their tree lined streets, and avenues.

 

The 5th arronssement is home to the most prominent schools which makes buying an apartement here extremely competitive.

The 15th arrondissement is the most populated in Paris. It attracts families with it’s parks such as Parc Andre Citroen, Jardin Atlantique, PArc George Brassens. Several shopping avenues such as rue du Commerce, rue Lecourbe, and Beaugrenelle.

 

The Bobo or Hipster Neighborhoods;

The expression “Bobo” comes from this up and coming group of affluent, young professionals who prefer to live in more diverse neighborhoods, rather than the bourgeois traditional quartiers.
img18The “Bobo” areas are essentially in the East of Paris, close to the center.  Artists, architects, painters, photographers, move into renovated factories, and lofts close to Belleville and Menilmontant where they are increased in price.
img11The 9th arrondissement is the home of Paris Opera Garnier, Boulevard Haussmann, named after the man who designed Paris as we know it today, with it’s large straight Boulevards. Department stores such as Printemps and Galeries Lafayette make this area a shoppers delight.

Recently the 10th arrondissement has become popular around the Canal Saint Martin.

The Neighborhoods that never Sleep

The areas of Paris that “ are filled with Night life” are popular with singles, and young couples and foreigners, that are looking for a lively “ pied a terre “.

The 11th arrondissement near Bastille and Republique where everyone knows each other on the rue Oberkampf, in the crowds on rue de la Roquette et rue de Lappe.
The 18th arrondissement where Pigalle and the Sacre Coeur attract tourists as

well as Parisians enjoying  a diversified night life.

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Classic, Haussmannian style

The charm of hard wood floors, decorative moldings, fireplaces, and french doors reflect Parisian life as it was in the late 1800’s.  The floorplan also illustrates how people lived…maids and hired help preparing the meals, where kitchens are found at the opposite end of the of the living/dining room.

There is “lost space” with hallways, and foyers.


img31Different architectural are conducive to different lifestyles. t is important for some to have distinct rooms. These “Haussmannian” buildings are found primarily in the western part of Paris ( 7th, 8th, 16th and 17th)

 

 

RECENT BUILDINGS FROM THE 60’s and 70’s

In more recent buildings dating from the 60’s or 70’,s the floorplan is designed to optimize the square feet. Here there is little “lost space” such as long hallways, etc. The apartments have efficient  floor plans where there the kitchen is close to the dining room, closets in every room, and often a cave (storage unit) and parking in the building. These buildings are mostly found in the 13th and 15th arrondissements of Paris.

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Atypical Spaces

Lofts are an open space once reserved for artists, and singles or couples.

A loft has the advantage of offering a large open space, and a volume easily tailored to each personal need, wether it be for a family or  specifically a recomposed family. Lofts are primarily in the 2nd, 11th and 12th arrondissements.

image30 For many architects, artist’s ateliers built both in Paris and the close suburbs were a more creative option as opposed to a town house. The façade of the atelier is the mark of this architectural design. On the other hand, in order to guarantee a constant light, these ateliers are always exposed to the North. These ateliers can be found in the 9th and the 14th arrondissements, but also on the Butte Montmartre in the 18th.

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Within the past 10 years the price of real estate has doubled in Paris.

image33With its charming buildings of many architectural styles, beautiful monuments, food markets, original boutiques, not tomention fantastic restaurants, parks, and romantic promenades.Paris remains one of the most desirable cities in the world. To own property in Paris is a dream come true, and one that you will never regret!

image34Buying in Paris is a good investment since the price per Mhas not cessed to climb since 2000. The price of Parisian real estate have resisted the worldwide economic crisis beginning in 2008. Contrary to the real estate in Florida, and California in the United States.

For the moment nothing indicates a major change in the prices of residential real estate. The slow rise in interest rates doesn’t seem to have any recouperations on potential buyers.

Just one step to take, call Homelike Home, and we will begin to find the Parisian apartement for you.