Why the real estate in paris is so popular
Paris is one of the most attractive cities of our planet, so the interest of buyers of the real estate is more than logical. City is highly valued not only among people who invest in real estate, but among those who are going to use their own foreign real estate.
Paris - one of the recognized cultural and business capitals in the world. For people with active lifestyles, especially for business people, Paris is very well located. Of course, it is in the central part of Western Europe, therefore, availability of an apartment in Paris is not only prestigious, but also convenient for work. Paris has an excellent air connection with many cities of the world. So, it’s not a problem to come to your country-residence at any time. For investors it is also important that real estate prices in Paris are lower than in London or New York.
Despite the world economic and mortgage crises, the Parisian real estate market is growing, there is a constant demand for new buildings. But to a greater extent the trend is directed to the historic buildings, located in the central districts. Mainly these buildings have an interest from the side of investors. Another important factor of this situation is that France is the part of EU and the Schengen area. Paris is ideal for those who are looking for real estate "for the soul." Very tempting is the prospect to spend time in the magical city like Paris! Museums, various exhibitions, fashion shows, boutiques – that are not all the opportunities, offered to residents and visitors of the city thanks to a comfortable social environment.
France has one of the best in the world education system. The state of the country spends on this field far more money than on defense. There is a guarantee for a free secondary education, the state assumes the bulk of the cost of education in high schools. Such privileges apply not only to citizens of France but also foreigners. Students from other countries have benefits for education, subsidies for rent flats in Paris and other French cities.
There is and another reason to have own real estate in Paris - the high-quality medicine, best in the world according to WHO. Modern hospitals, great doctors, many medical centers. Moreover, health facilities of public and private type works. It’s hard to argue, private apartments in Paris bring the owner not only fun, but also health benefits.
And now let’s consider the administrative districts of Paris. Administrative boundaries of Paris were approved by Napoleon III in the middle of the nineteenth century. Since that time Paris is divided into twenty separate districts. The first District is called the heart of Paris, and here the cathedral of Notre Dame is located. This district has touristic and commercial character. Other administrative districts encircle the first region in a clockwise direction. A district farther from the center has the greater number. The eighth and part of the sixteenth district are considered the most prestigious. Eighth district is the political center of Paris. Here are the Arc de Triomphe, Elysee Palace, the Church of the Madeleine, as well as the Champs-Elysees, which are a symbol of the city. Sixteenth district is diplomatic. Here the embassies of around 100 countries of the world are congregated. In the eighth and sixteenth district life is very quiet and respectable.
Value of Parisian real estate corresponds to its high status. Average property prices in this areas - from ten to thirteen thousand euros per square meter. But if you compare the prices in London and Paris, here they do not look very high. Second district is rather small. This district is called " boulevard". Here there are a boulevard des Capucines and the famous Montmartre. The greatest interest has the Marais district, which is located between the third and fourth districts. Before the first French Revolution this area was the residence of parisian aristocrats. And when they were kicked out, numerous palaces and mansions had been empty for a long time. Nowadays real estate owners offer the luxury apartments with fireplaces, high ceilings with moldings. The sixth district is famous for the Luxembourg Palace. Saint-Germain-des-Prés is a place where people of art live. The name of the boulevard Montparnasse has become the real Parisian brand. In the fifth district the famous Sorbonne University is located. Latin Quarter is also very popular among the tourists, but this area is not prestigious for living. The Seventh District is a political, but at the same time, it is very elegant and popular among the tourists. In this district the symbol of France - the Eiffel Tower. Average prices in these areas - from nine to eleven thousand euros per square meter. Prices in these areas are more accessible than in the eighth district.
Which district to choose and how much to pay for real estate in Paris - it's only your decision. I wish you a successful purchase!
Article Source: Messaggiamo.Com
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