Paris – 12th arrondissement
Perle Rare has finalised 22 flat purchases in this arrondissement since 2005. High-quality apartments in this neighbourhood go for €11,000 to €13,000/m² (excluding notary fees), while the official average price is €9,500/m².*
The 12th arrondissement is constantly evolving, making it as multi-faceted as it is comfortable. Some say its greatest assets are the Bois de Vincennes and the leafy Coulée Verte high-line park on Boulevard de la Bastille, while others prefer the vibrancy of the new business district around the Gare de Bercy. And don’t forget the lively, cool atmosphere: the 12th arrondissement offers an excellent quality of life.
– Aligre – Gare de Lyon
– Jardin de Reuilly
– Bel-Air – Nord
– Vallée de Fecamp
– Nation – Picpus
– Bel-Air – Sud
The 12th arrondissement occupies the south-eastern corner of central Paris. It shares a northern border with the lively 11th arrondissement, stretching all the way up to Place de la Bastille. The surrounding streets are some of the liveliest in Paris, with cafés and restaurants keeping the atmosphere buzzing into the early hours. Rue de Charenton and Rue du Faubourg Saint-Antoine are particular highlights. At the other end of the arrondissement, on the banks of the Seine, Bercy Village has also become a fashionable spot for shopping and going out. This shopping centre is set in a complex of converted warehouses, transformed into a network of pedestrian alleyways lined with restaurants, cafés and boutiques. The centre is also home to a giant cinema complex.
Exceptional natural resources
Many residents are attracted to the 12th for its wealth of parks and gardens. Indeed ten of the arrondissement’s 16km2 are taken up by the Bois de Vincennes. With its zoo, Buddhist temple, exercise trails, equestrian centre, the Lac Daumesnil and its lakeside paths, the Allée des Lapins and Avenue du Polygone, there is nowhere else in Paris with an atmosphere as resolutely turned towards recreation. Smaller but just as popular with locals is the recently inaugurated Parc de Bercy, an ideal spot for a promenade. Last but not least, the Coulée Verte is a former railway line converted into an urban park, running alongside the Boulevard de la Bastille and offering a breath of fresh air in the arrondissement’s most built-up area.
An active, dynamic neighbourhood
Although not as well-known as the riverside quays of the 15th arrondissement or the skyscrapers of La Défense, the 12th has also become a thriving corporate hub. Connected to Métro lines 1, 6, 8 and 14, with reasonable prices and good amenities, the area between the Boulevards des Maréchaux and Bercy Village is attracting more and more businesses. Meanwhile the Gare de Bercy, used primarily for car-train services and national rail lines to the centre of France, is a major source of activity and business on the Boulevard de Bercy in the heart of the arrondissement. Last but not least, it’s impossible to discuss this part of the city without mentioning the impressive glass silhouette of the Ministry for the Economy and Budget, which stands proudly overlooking the Seine from the Rue de Bercy.
Residents of the 12th arrondissement have plenty of reasons to love their neighbourhood. Popular yet trendy, green yet urban, commercial yet cultural, there is something for everybody in this diverse, accessible arrondissement. Art de vivre, Paris style!
* Source: Chambre des Notaires – 4th quarter of 2022. These are “net vendor” prices and not market prices (which are generally 4% higher)
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