Engel & Völkers Paris > Paris 7th district real estate guide

Paris 7th district real estate guide

The charms of the 7th arrondissement in Paris

The 7th district, a cultural hub

The advantageous geographical location of the 7th arrondissement

Investing in real estate in the Paris 7th arrondissement


Paris 7th arrondissement is renowned for its long avenues, multitudinous museums and its indisputable geographical advantage. Let’s take a look at the many advantages of the 7th district and the particularities that make it so desirable to both tourists and potential real estate investors alike.

 

The charms of the 7th arrondissement in Paris

The 7th arrondissement is often wrongly considered as the epitome of bourgeois living. The 7th district encompasses some of the most beautiful areas of Paris and it remains all the more authentic whilst harbouring some of the capital’s most beautiful artworks and architecture, including the Champ de Mars, the Eiffel Tower, Ecole Militaire, Invalides, the Alexandre III bridge and the Iena bridge, all of which are outstanding monuments that take your breath away each time you encounter them. 

The 7th is also the home of numerous “hotels particuliers” or private mansions which are typical of a historical, bourgeois Paris. All in all, it’s more than enough to make us daydream each time we walk past.

The 7th arrondissement embodies its own particular lifestyle, with its many floral cafes and their terraces, its refined, gourmet experiences and its large open spaces, it is as desirable to Parisians as it is to tourists. 

What’s more, when you buy an apartment in the 7th district, you are choosing a life in one of the most beautiful neighbourhoods and it’s easy to understand why this is so attractive. Space, serenity and a taste for the finer things in life are all characteristics of this delicious arrondissement.

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The 7th arrondissement, a cultural hub

The 7th arrondissement is certainly one of the most interesting areas in Paris from a cultural point of view. It has a countless number of museums, among which are many of the city’s most renowned and popular including the musée d’Orsay, the Quai Branly Museum, the Maillol Museum and the Rodin Museum, to name a few. 


In addition to this are the curiosity cabinets to be found on the rue du Bac, such as the Maison Deyrolle, known for its breathtaking taxidermy collection and its elegant and quirky decor, that appears straight out of Sherlock Holmes. Buying in the 7th arrondissement means finally giving yourself the time to visit the most famous museums in Paris.


The advantageous geographical location of the 7th arrondissement

The greatest benefit of the 7th remains however its highly enviable geographical position, in other words it is right in the centre of everything. Adjoining the 16th, 8th, 2nd, 15th and 6th, you can get almost anywhere from the 7th in record time as it is in the centre of the entire metro system. The lines 8, 10, 12 and 13 as well as the RER C pass through the 7th, thus everything is on hand when you live in the 7th. Buying an apartment or a house in the 7th goes hand in hand with proximity and ease.

 

Investing in real estate in the Paris 7th arrondissement

The 7th arrondissement is in close proximity of many schools and universities, in particular the Sorbonne which educates tens of thousands of students each year. Thus, investing in a rental property in the 7th is an idea that will certainly come to fruition. Each year, we see numerous searches in this area, as it is popular with the younger generation and is close to most of the other Parisian neighbourhoods. Thus, buying a rental studio in the 7th is a sure bet that it will be rented the whole year around! If you wish to invest in a tourist rental, that’s also a good choice, as the area attracts a large number of tourists all year long.


Needless to say, luxury like this comes at a price and indeed the 7th is classed as the most expensive arrondissement in Paris, ahead of the famous 16th arrondissement! Thus, the average price per square metre reaches €13,120. The least expensive area is Ecole Militaire, if you’re looking to buy an apartment here, you’ll need to set aside around €11,800 per square metre. Next is Breteuil and the Champ de Mars, for which you are looking to spend around €12,000 per square metre on an apartment or a house. Finally, and unsurprisingly, it is Invalides and the Musee d’Orsay which are the most expensive, with a price per square metre of over €13,000. 


Read more about the parisian arrondissements.


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