Real estate guide in Paris 15th arrondissement

Paris’ 15th arrondissement and its location, a real advantage

Discover the 15th arrondissement in more detail

Investing in real estate in the 15th arrondissement

The 15th arrondissement of Paris has an ideal geographical location, situated next to Paris’s main ring-road and adjacent to the 7th, 14th and 16th arrondissements, it has all the advantages of the left side combined with those of the nearby suburbs. The 15th can be summarized as spacious, family-friendly and cool. It is no longer considered the “parisian countryside” but today is seen as a bustling neighbourhood, blending urban convenience with green open spaces for both young parents and professionals searching for vibrancy. This article details all the advantages of living in the 15th arrondissement.

Paris’ 15th arrondissement and its location, a real advantage

In close proximity to the suburbs of Boulogne-Billancourt and Issy-les-Moulineaux, the 15th arrondissement benefits from an advantageous location, as these two areas offer many positive points: being well-connected by Parisian public transport, these are two perfect spots for Sunday outings, which also have a large proportion of employment. 

On the one hand Boulogne-Billancourt is known for its parks, with a number of bars and restaurants on the water, in addition to the Seine Musicale, a large artistic complex which hosts numerous operas and concerts of the highest calibre. Issy-les-Moulineaux, on the other hand, is known for its thriving job scene in the TV and radio industries.

Discover the 15th arrondissement in more detail

The 15th is situated between the 6th, 7th and 14th arrondissements, offering access to some of Paris’ best metro lines. It is cut off from the 16th by the Seine and has some of the best views of Paris from the Montparnasse Tower and the famous Iron Lady, the Eiffel Tower. From an aesthetic point of view, the 15th has some beautiful town houses, which are the envy of most Parisians, as well as some magnificent Haussmann buildings. 

This typical Parisian architecture, is renowned for its grand volumes, mouldings, windows and wooden floors. The roads are more spacious and offer more parking spaces than anywhere else in the capital, which is sure to be a bonus for any Parisian with a car.

Despite its multitude of restaurants and bars, open to all including young professionals, couples and party animals, the 15th remains a calm neighbourhood, where there is rarely any sound pollution, from neither the nightlife nor the traffic. Finally, the 15th is one of the most authentic Parisian arrondissements, where it is still possible to find many small independent businesses, old-fashioned bakeries, pharmacies and cobblers with impeccable service, offering a change from the large high street brands that monopolise most streets today.

Investing in real estate in the 15th arrondissement.

This region of Paris has a large job market and many professionals look for employment here. The same goes for students of the Sorbonne, as well as those from the Military school not far from Beaugrenelle. There are numerous rental opportunities which are in high demand. Investing in a rental property in the 15th arrondissement is an excellent idea, given that it is certain to be rented quickly. It attracts both Parisians in search of luxury and authenticity and well-off foreigners who are eager to pay the price for a view of the Eiffel Tower.

An apartment for sale in the 15th arrondissement is worth around €8000 per square metre. In the area of Balard, which is furthest away from public transport, prices average around €8200 per square metre. In the Beaugrenelle area, near the Motte Picquet and Ecole Militaire, the price per square metre averages €8400. Investing in a rental near Boucicot-Felix Faure will cost €8500 per square metre on average. 

In Citroen and Alleray-Procession the average price is around €8600 per square metre. Finally, the cost per square metre of an apartment in Commerce-Zola and Cambronne is around €8700. However, if you are looking to buy an apartment with a view of the Eiffel Tower, you are looking at spending up to €30,000 per square metre. 

Read more about the parisian arrondissements.