A global capital of art, business, history, and real estate opportunities
Discover Paris's Real Estate
One of the world’s most beautiful cities, Paris stands in a class of its own. Few cities can match the French capital’s reputation in terms of art, culture, fashion, or business. Ranked as an Alpha+ Global city by the Globalization and World Cities Research Network, Paris is a popular destination for both visitors and those looking for real estate investment opportunities.
Culture, History, and Business
Paris can trace its origins back to the 3rd century BC and since that time it has given rise to some of the world’s most notable people, events, and movements. Take a stroll through its famously beautiful streets and you’ll be walking in the footsteps of such famous people as Napoleon, Diderot, Picasso, and Charles de Gaulle. Its cityscape is dotted by world-famous landmarks, like the Eiffel Tower, Notre-Dame Cathedral, Arc de Triomphe, and the Louvre.
While Paris’ cultural and historical treasures are awe-inspiring, it is also a global business capital. It has the fourth-highest GDP of any region in Europe and produces 30% of France’s total GDP, despite being home to 18.8% of the country’s population. All of the country’s 10 largest corporations are headquartered here and Paris is home to many of the world’s leading organizations, including the United Nations Educational, Scientific and Cultural Organization (UNESCO), the Organization for Economic Co-operation and Development (OECD), the European Space Agency, the International Energy Agency, and the European Banking Authority.
Real Estate Appeal
Paris presents an exceptional real estate investment opportunity. Thanks to Brexit, the French capital is quickly overtaking London as the city of choice for international investors looking for a foothold in the European market. Paris invokes images of luxury and high culture, which is why it’s no surprise that Paris is ranked by the Economist Intelligence Unit as the most expensive city in the world (along with Hong Kong and Singapore). While Paris real estate is undoubtedly luxurious, it also offers cross-border investors a very high level of liquidity and stability that is often missing from other global cities.
Real estate prices tend to be highest in the central districts, La Defense, and the western parts of the city. However, opportunities exist in other regions of the city and its suburbs. In recent years, traditionally affordable neighborhoods have witnessed some of the greatest increases in returns for real estate investors.
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