Real estate: in Paris, a district adored by young entrepreneurs panics prices

In high -end real estate, a Parisian district has seen its prices jump 35% since January. Buyers, mainly forty entrepreneurs, are mainly French.

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They are successful entrepreneurs in tech, aged about forty years and parents of two or three children. “They” is New family clientele in the 18thwhich caused a surge of… 35% of high -end real estate prices in this formerly popular Parisian district, in the first quarter, observes the Barnes network in its agencies. “In high -end, we hear an average price per square meter of 14,000 euros, against just under 10,000 euros on average in Parisa difference of 40%”specifies Richard Tzipine, Managing Director of Barnes.

Within this network of real estate agencies, no district has experienced such a leap in its prices since the start of the year, the average increase being only 2%. Near 16,500 euros per square meter On average, unheard of according to Barnes, the 18th century becomes more expensive than the VE (14,506 euros per square meter), the 872 euros (14,272 euros) and the first three arrondissements of the capital, whose prices oscillate between 13,800 and 16,000 euros per square meter.

Notary fees: Save up to 60% thanks to an unknown real estate purchase mode

Houses between 2 and 8 million euros

Unlike his colleagues, very chic and very dear life and the 7th arrondissements, where the square meter is worth between 18,700 and 20,000 euros, Marie Beauchet, director of Barnes agencies in the 18th century, does not receive “Hords of foreign buyers” In search of a pied-à-terre in the city of light, “Lthe buyers in the 18th century being mainly French»». Buyers who have succeeded in life and “Have a lot of money”she concedes. But who, in the same way that they put the three-piece suit for the T-shirt, jeans, sneakers, sneakers, “Want to get rid of the bourgeois districts”what are the famous life and 7th but also the 16th, she explains.

“The districts that attract the most wealthy family clientele, today, are those who offer a neighborhood life, with small restaurants, food shops, a real atmosphere and the possibility of doing everything on foot”completes Richard Tzipine. Also in search of houses and greenery, these young entrepreneurs and their families set their sights on the Butte Montmartre, particularly on the beautiful avenue Junot and rue Lepic, high perched, which offers an incredible view of Paris. “From the street, one has the impression that these are garage entries but, behind, there are houses with gardens”smiles Marie Beauchet. She sold no less than six in seven months, to price “Colossal” from 2.5 million to 8.5 million euros.

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Moderately affluent families condemned to immobility

Among its latest sales is a house of 266 square meters, on three levels, with six bedrooms and a garden, part of almost 6.5 million euros. Buyers are French, like sellers. “I am in the last Gallic village in Paris», Amuses Marie Beauchet. A village to which “of the moderately affluent families are also attached but where they cannot buy larger today due to the evolution of prices and credit rates still high ”she admits.