Paris Sera Toujours Paris

Paris will always be Paris… there’s only one such capital in the world; vibrant, colourful, romantic, creative - sometimes chaotic - melting pot that we all love and cherish with all its grandeur and sparks. I recall one of my first jobs, working in a specialist import record shop in Les Halles, in the city’s heart.

A Personal Connection

Paris is very close to my heart as I proposed to my future ‘épouse’ there; indeed, it’s a special place for us, for many reasons, not least because we have family and friends there. They often call me asking about Brexit, what it’s all about, and for tips on travelling to London or flying to Yorkshire.

The Tourist Capital

Incidentally, Paris has just beaten London in the battle for visitors for the first time in 10 years. A study has revealed that the French capital received the highest number of tourists of any European city in 2018, with 19.1 million foreign visitors!

France: A Top Destination

Did you know France was voted the world’s No. 1 tourist destination with 89.4 million visitors in 2018? It came first again in 2024 for the fifth year in a row, with over 100 million visitors. These are very impressive numbers indeed. Discover more interesting and fun facts for France; there are over 120 listed!

Real Estate Growth

A report from BNP Paribas (June 2019) states an 8% increase in sales to foreign buyers and investors. More professionals and families are coming to France to live, study, and work, from Hong Kong to Miami and from London to Melbourne, than ever before, due in part to the ongoing global uncertainties around the world.

The Property Market in Paris

It’s not surprising to see buyers investing in real estate in Paris despite the well-known high taxes. The proof is that property prices in Paris have increased by 23% in the last 5 years, rising from an average of €8,368/sqm in 2015 to € 10,288/sqm in summer 2019, according to SeLoger.com in France, breaking through the €10,000/sqm barrier in some areas.

Future Prospects

With property investors and businesses hoping to cash in on the Olympic Games when the biggest sports event in the world comes to Paris in 2024, we anticipate this trend will continue for the foreseeable future.

Guidance on Finding Property

Feel free to revise our previous blog posts about where to look for a property in Paris, some of the best areas to live around Paris, as well as an article about luxury Real Estate in Paris.

Are you too busy to keep up with the pace of this fast-moving city and confused about the real estate market in the French capital? Perhaps you need to move fast, and you’re running out of time to find a place before starting work or university? Pas de problemes, we can help, learn about our ‘Buy a la Carte’ bespoke service in Paris.