Authored by the expert who managed and guided the team behind the France Property Pack
Yes, the analysis of Paris' property market is included in our pack
What do the latest numbers reveal about Paris’s real estate market? Are property prices on the rise, or are they stabilizing? Which arrondissements offer the highest rental yields, and how does foreign investment influence these trends?
We’re constantly asked these questions because we’re deeply involved in this market. Through our work with developers, real estate agents, and clients who invest in Paris, we’ve gained firsthand insights into these trends. Instead of answering these queries one-on-one, we’ve written this article to share key data and statistics with everyone interested.
Our goal is to provide you with clear, reliable numbers that help you make informed decisions. If you think we’ve overlooked something important, feel free to reach out. Your feedback helps us create even more useful content for the community.
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1) The average kitchen renovation in Paris costs €10,000
Renovating a kitchen in Paris typically costs around €10,000.
Material choices are a big deal. Depending on what you pick, like the brand and quality of cabinets or countertops, costs can swing from €2,500 to over €25,000. This means you have room to adjust your budget, but your choices will really impact the final bill.
Labor is another big chunk of the cost. It usually runs between €5,000 and €15,000, but if your renovation is complex or you hire top-notch professionals, expect to pay more. Plus, don't forget about plumbing, electrical work, and painting, which can add another €2,000 to €10,000 to your expenses.
So, while the average kitchen renovation in Paris is about €10,000, your personal situation might make it higher or lower.
2) By 2025, around 35% of Parisian properties are bought to rent out
In 2025, 35% of Parisian properties are bought to rent out.
Paris is a magnet for investors because of its strong rental demand. Even with rent caps cutting initial income by 13 to 15%, the city's rental market remains a solid investment. People are always looking for places to rent, making it a smart choice for those wanting to invest.
Buying a property in Paris isn't cheap, with prices between €500,000 and €1,000,000. Yet, the rental returns are tempting. A two-bedroom apartment can fetch between €3,000 and €10,000 a month, making it a lucrative option for property owners.
Some areas, especially near the Grand Paris Express line, are hot spots for investment. With plans to build 70,000 new homes over 25 years, these areas are set to draw more investors eager to tap into the rising rental demand.
Sources: Figaro Immobilier, Capital, Cohabs
We created this infographic to give you a simple idea of how much it costs to buy property in different parts of France. As you can see, it breaks down price ranges and property types for popular cities in the country. We hope this makes it easier to explore your options and understand the market.
3) Paris's average mortgage interest rate is about 2.5% currently
In France, mortgage interest rates have been on a rollercoaster ride over the past few years.
Back in 2021, borrowers enjoyed a sweet deal with rates at a historic low of 1.12%. But things started to change by the end of 2022, when rates climbed to 1.57%, marking the beginning of an upward trend.
Fast forward to 2023, and the long-term interest rate in France hit 3.19%, with mortgage rates reaching 3.6% in the third quarter. This shift has been a significant change for anyone looking to buy property.
Looking into the future, experts predict a bit of relief. By 2024, mortgage rates are expected to drop to around 2.75%, and by early 2025, they might even dip below 2.5%. This aligns with the current average mortgage interest rate in Paris, which is about 2.5%.
These projections suggest a potential stabilization or slight decrease in rates, offering a glimmer of hope for future property buyers in France.
Sources: Harrison Brook, Long Term Rentals in France
4) A one-bedroom apartment in Paris currently rents for €1,200 per month
In Paris, the average monthly rent for a one-bedroom apartment is €1,200.
Location plays a big role in this. If you're eyeing a spot closer to the city center, expect to pay more. Rents can range from €980 to €1,350, as noted by Frenchly, depending on how central you want to be.
Size matters too. According to Paris Attitude, the average rent per square meter is about €31.1. So, even if it's just a one-bedroom, the total rent can vary based on the apartment's size.
Demand is another key factor. Paris is a hot spot, and the high demand for housing keeps rent prices up. Everyone wants a piece of the City of Light, which drives prices higher.
All these elements—location, size, and demand—combine to explain why the average rent hovers around €1,200. It's a competitive market, and these factors are crucial in shaping the rental landscape.
So, if you're considering a move to Paris, keep these points in mind. Understanding these dynamics can help you navigate the rental market more effectively.
Sources: Combien-coute.net, Frenchly, Paris Attitude
5) Property prices in the 18th arrondissement rose by 4% in 2024
In 2024, the 18th arrondissement experienced a 4% increase in property prices, a notable shift from recent trends.
Previously, the area had seen a stabilization or slight decrease in property prices over the past few years. For example, the median price per square meter for old apartments had decreased by 2% over the past year and 4% over five years. This trend contrasted with new apartments, which saw a 19% increase over five years, despite a recent 5% dip.
By December 2024, the average price per square meter was around 8,900 €. The market was expected to stabilize with a potential slight increase in 2025. This expectation was driven by factors like a decrease in interest rates and increased demand, which could have contributed to the 4% rise in 2024.
By December 2024, the average price per square meter was around 8,900 €. The market was expected to stabilize with a potential slight increase in 2025. This expectation was driven by factors like a decrease in interest rates and increased demand, which could have contributed to the 4% rise in 2024.
Sources: Le Figaro Immobilier, Ma Formation Immo
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6) The average property buyer in Paris is now 42 years old
The average age of property buyers in Paris has now climbed to 42 years old.
One major factor is that younger buyers are struggling to secure credit. With interest rates on the rise and stricter lending criteria, it's become increasingly difficult for them to obtain the necessary loans to purchase property.
Additionally, property prices in Paris have been steadily increasing. This surge in prices makes it tough for younger individuals to afford their first homes, naturally pushing the average age of buyers upward.
Meanwhile, older buyers, particularly retirees, are more active in the market. They often possess the financial stability and resources needed to buy and sell properties, which further contributes to the trend of an older average age among buyers.
These older buyers are not just purchasing homes; they are also investing in properties, taking advantage of their financial security and market experience to make savvy real estate decisions.
As a result, the Paris property market is seeing a shift, with more seasoned buyers dominating the scene, altering the landscape for potential younger buyers.
Sources: Monimmeuble, Meilleurtaux.com, Cityandco.fr
7) The average size of a Paris apartment sold in 2025 is about 50 square meters
In 2025, the average size of a Parisian apartment sold is around 50 square meters.
Back in the day, Paris apartments were a bit roomier, averaging 59 square meters, according to Insee. But with property prices soaring to €9,768 per square meter as of January 2025, many buyers are opting for smaller, more budget-friendly spaces.
The Paris housing market has seen a steady climb in prices over the years. This trend has nudged people towards smaller apartments, driven by high demand and a tight supply. It's no wonder the average size has shrunk to about 50 square meters.
These shifts in the market reflect a broader change in how Parisians are living. With space at a premium, many are choosing to downsize, focusing on location and lifestyle rather than square footage.
For those considering a move to Paris, understanding these dynamics is key. The city's charm often comes with a trade-off in space, but the vibrant culture and lifestyle make it worthwhile.
So, if you're eyeing a property in Paris, be prepared for cozy living. The trend towards smaller apartments is here to stay, shaped by economic factors and urban living preferences.
Sources: CNews, My French House, Capital
8) Rental yields in Paris are averaging between 3% and 4%
Paris is known for its stable and dynamic real estate market, attracting many investors.
In 2023 and 2024, rental yields in Paris averaged between 3% and 4%, making it a reliable choice for those seeking steady returns. This range is influenced by the city's diverse neighborhoods, each offering different investment opportunities.
For example, while the 20th arrondissement boasts a higher yield of 5.1%, and the 17th offers around 4.1%, these are exceptions. Most areas in Paris present yields that hover around the average, reflecting the city's overall market stability.
Generally, Paris is seen as a market where stability trumps high returns. Investors often find yields between 2% and 3% gross, which aligns with the city's reputation for being a safe investment haven rather than a high-yielding one.
Despite the lower yields, Paris remains attractive due to its consistent demand and limited supply, ensuring long-term value retention. This makes it a preferred choice for those prioritizing security over immediate high returns.
Understanding these dynamics is crucial for anyone considering investing in Parisian real estate, as it helps set realistic expectations and informs strategic decisions.
Sources: GuestReady Blog, Adrian Leeds Group
We did some research and made this infographic to help you quickly compare rental yields of the major cities in France versus those in neighboring countries. It provides a clear view of how this country positions itself as a real estate investment destination, which might interest you if you’re planning to invest there.
9) The average cost for a roof renovation in Paris is now €20,000
The average cost of a roof renovation in Paris is now €20,000.
Several factors influence this price. The extent of the renovation, the materials chosen, and the complexity of the job all play a role. For example, a complete roof renovation, including both the framework and the covering, can cost between €180 to €250 per square meter.
Paris has its own unique challenges. Higher labor costs and stricter building regulations are common here, potentially driving up prices compared to other regions in France. These factors might explain why roof renovations in Paris are particularly pricey.
Let's break it down: if the average cost per square meter is around €200 and the average roof size is 100 square meters, you’re looking at a total of about €20,000. This is a rough estimate, but it gives a good ballpark figure.
While the sources don't specifically mention Paris, it's reasonable to assume that these regional variations exist. The combination of higher material costs and local regulations could easily push the price to €20,000.
So, if you're considering a roof renovation in Paris, be prepared for these costs. It's a significant investment, but understanding the factors at play can help you plan better.
Sources: Hello Artisan, Travaux.com
10) Property sales in Paris's suburbs rose by 7% in 2024
In 2024, property sales in Paris's suburbs jumped by 7%.
One key factor is the 7.1% increase in available properties in the Grande Couronne, which includes several Parisian suburbs. This surge in options gives buyers more choices, naturally leading to more sales. When the market is flooded with new listings, it becomes a buyer's playground, making it easier to find the perfect home.
Meanwhile, Paris itself saw a downturn, with apartment sales dropping by 16% in 2023. Prices in the city also fell by 5.3%, pushing potential buyers to consider the suburbs as a more affordable alternative. The allure of getting more space for less money is hard to resist, especially when city prices are on the decline.
These shifts in the market dynamics have made the suburbs increasingly attractive. Buyers are drawn to the promise of better deals and more space, which the suburbs can offer in abundance. The combination of more available properties and declining city sales has created a perfect storm for suburban growth.
As a result, the suburbs are experiencing a boom, with more people choosing to invest in these areas. The trend is clear: when city prices fall and suburban options rise, the suburbs become the new hotspot for property buyers.
Sources: Notaires du Grand Paris, Actu-Juridique.fr, Monimmeuble.com
11) By 2025, Parisian homes will average a D energy efficiency rating
In 2025, the average energy efficiency rating of Parisian homes is D.
This shift is mainly due to new regulations that came into effect, pushing property owners to upgrade their homes. By January 2025, properties with a G rating were banned from the rental market, forcing owners to either improve their energy efficiency or remove them from listings.
The introduction of the Diagnostic de Performance Énergétique (DPE) for all properties sold or rented in France has been a game-changer. This mandatory assessment provides detailed insights into a property's energy performance, encouraging owners to make necessary improvements.
As a result, many property owners invested in energy upgrades, which significantly boosted the overall energy efficiency of homes in Paris. This collective effort has helped raise the average rating to D, reflecting a more energy-conscious market.
These changes have not only improved energy efficiency but also increased transparency in the real estate market. Buyers and renters now have a clearer understanding of a property's energy performance, influencing their decisions.
Overall, the push for better energy standards has led to a noticeable improvement in the quality of Parisian homes, making them more attractive to potential buyers and renters.
Sources: 56 Paris, APC Paris, Knight Frank
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12) Property prices in the 9th arrondissement fell by 2% in 2024
The 9th arrondissement of Paris experienced a 2% drop in property prices in 2024.
This shift is part of a broader trend, as the median price per square meter for both old and new properties has been on a downward trajectory. For older properties, the price settled at 11,287 €/m², while new properties were priced at 12,621 €/m². Both categories have seen a decline over the past year, reflecting a consistent pattern of slight price reductions in the area.
Interestingly, while house prices in the 9th arrondissement have risen significantly, the overall market dynamics are more heavily influenced by apartment prices. The apartment market, being a larger segment, saw a 2% decrease, which had a more substantial impact on the overall property price trend.
These changes are not isolated incidents but are part of a larger context affecting the real estate market in this part of Paris. The apartment market's influence is particularly notable, as it represents a significant portion of the property landscape in the 9th arrondissement.
Understanding these trends is crucial for potential buyers, as they highlight the shifting dynamics within the property market. The decrease in apartment prices, despite the rise in house prices, suggests a nuanced market that requires careful consideration.
For those looking to invest or buy property in the 9th arrondissement, these insights provide a clearer picture of the current market conditions and potential future trends.
Sources: Le Figaro Immobilier, Ma Formation Immo
13) New housing permits in Paris dropped by 10% in 2024
In 2024, Paris saw a 10% drop in new housing permits.
This decline is part of a larger trend across France. By October 2024, the country issued 335,600 building permits, which is a 10.5% decrease compared to the previous year. This suggests that the slowdown in Paris is not an isolated case but part of a national pattern.
Paris is also undergoing changes in its urban planning strategies. The city approved the Plan Local d'Urbanisme bioclimatique in November 2024, aiming to tackle housing and climate issues. This new plan could be influencing the number of permits being issued, as it focuses on creating a more sustainable urban environment.
Although specific figures for Paris aren't available, the national trend gives us a clue. France's overall decrease in building permits might reflect what's happening in the capital, indicating a broader shift in how cities are approaching development.
These changes are not just about numbers; they reflect a shift in priorities. Paris is looking to balance growth with sustainability, which might mean fewer permits but more thoughtful development. This approach aligns with the city's goals to become greener and more resilient.
For potential property buyers, understanding these trends is crucial. The decrease in permits could mean fewer new properties on the market, potentially affecting availability and prices. It's a dynamic time for the Paris real estate market, with both challenges and opportunities on the horizon.
Sources: Devizu News, Connexion France, Paris.fr
14) By 2025, international investors will make up about 30% of property buyers in Paris
In 2025, about 30% of property buyers in Paris are international investors.
Paris has always been a magnet for real estate enthusiasts, and recent market dynamics have only intensified this allure. In 2023 and 2024, the French property market saw significant price corrections due to previously inflated values. Yet, this adjustment hasn't deterred interest; instead, it has made well-priced properties even more attractive.
Despite these corrections, desirable properties in Paris continued to sell quickly. This rapid turnover highlights the city's enduring appeal, drawing both local and international buyers eager to invest in a stable market. The potential for solid returns in French real estate is particularly enticing to foreign investors.
While property prices across France were expected to dip, high-demand areas like Paris maintained their premium prices. This resilience suggests that international investors still view Paris as a prime destination for real estate investment, even when the broader market experiences fluctuations.
Paris's ability to hold its value amidst these changes underscores its status as a real estate hotspot. The city's unique charm and economic stability continue to attract a diverse range of buyers, ensuring that it remains a top choice for those looking to invest in property.
For international investors, the combination of stability and potential returns in the Parisian market is hard to resist. As the market evolves, Paris's reputation as a safe and lucrative investment destination only grows stronger.
Sources: ASEAN UP, eSales International
We have made this infographic to give you a quick and clear snapshot of the property market in France. It highlights key facts like rental prices, yields, and property costs both in city centers and outside, so you can easily compare opportunities. We’ve done some research and also included useful insights about the country’s economy, like GDP, population, and interest rates, to help you understand the bigger picture.
15) By 2025, around 10% of Paris properties are sold at auction
In 2025, about 10% of Paris properties are sold at auction, marking a significant shift in the real estate market.
This change highlights the dynamic nature of the Paris real estate scene, where transaction volumes have steadily increased to around 900,000 in 2025. Such numbers indicate a bustling and active market, offering plenty of opportunities for buyers and sellers alike.
Traditionally, auctions made up only about 1% of all real estate transactions in France. However, in the Île-de-France region, which includes Paris, auctions now account for 23% of all auctions in the country. This shows that while auctions aren't the main way properties are sold, they're becoming more common in Paris.
The rising popularity of auctions can be linked to their appeal as an alternative strategy for investors and savvy professionals. They provide a unique avenue for acquiring properties, attracting those seeking distinctive opportunities in a competitive market.
This trend is likely a key factor in the increased auction sales in Paris, as more people look for different ways to navigate the bustling real estate environment. Auctions offer a chance to find properties that might not be available through traditional sales methods, making them an attractive option for many buyers.
As the market continues to evolve, auctions are carving out a more significant role, reflecting broader changes in how properties are bought and sold in Paris. This shift is reshaping the landscape, offering new possibilities for those interested in the city's real estate.
Sources: Journal de l'Agence, Imkiz, GuestReady
16) By 2025, the average property age in Paris will be 70 years
Paris is a city where history breathes through its architecture.
Many of the buildings you see today were constructed during the Haussmannian era, a period from 1851 to 1914 that gave Paris its iconic look. According to the Laboratoire de l'Immobilier, over half of Paris's residential buildings were built before 1946. This means that when you walk through the city, you're often surrounded by structures that have stood for generations.
In fact, about 35% of these buildings were constructed before 1919, highlighting the city's deep historical roots. This age factor is crucial for potential buyers, as it means many properties come with a unique charm and character that newer constructions might lack.
Recently, there's been a push towards sustainability and energy efficiency, which has led to older properties being reevaluated for renovation. This trend is important because it shows that even historic buildings are adapting to modern needs, making them more appealing to today's buyers.
Despite these changes, property prices in Paris have remained relatively stable. This stability suggests that the age of a property continues to play a significant role in its market value. In 2025, the average age of a property in Paris is expected to be around 70 years, reflecting the city's enduring architectural legacy.
For those considering buying a property in Paris, understanding the age and history of these buildings can provide valuable insights into their potential investment. Older properties often offer a blend of historical charm and modern convenience, making them a unique choice in the real estate market.
Sources: Laboratoire de l'Immobilier, Telescop, France 3 Régions
While this article provides thoughtful analysis and insights based on credible and carefully selected sources, it is not, and should never be considered, financial advice. We put significant effort into researching, aggregating, and analyzing data to present you with an informed perspective. However, every analysis reflects subjective choices, such as the selection of sources and methodologies, and no single piece can encompass the full complexity of the market. Always conduct your own research, seek professional advice, and make decisions based on your own judgment. Any financial risks or losses remain your responsibility. Finally, please note that we are not affiliated to any of the sources provided. Our analysis remains then 100% impartial.