Paris – 15th arrondissement
Perle Rare has finalised 66 flat purchases in this arrondissement since 2005. High-quality apartments in this neighbourhood go for €12 to €14,000/m² (excluding notary fees), while the official average price is €9,850/m².*
Located in south-western Paris, the 15th is the capital’s largest arrondissement. It is also highly diverse, with several business districts, shopping streets, stunning views over the Seine and quieter, more residential areas. For its residents, the 15th arrondissement offers an atmosphere as authentic as anything you’ll find in the capital’s more famous quarters.
– Vaugirard – Parc des Expositions
– Dupleix – Motte Picquet
– Georges Brassens
– Cambronne – Garibaldi
– Alleray – Procession
– Citroën – Boucicaut
– Emeriau – Zola
– Violet – Commerce
– Saint-Lambert – Convention
– Pasteur – Montparnasse
Attempting to sum up the charms of the 15th arrondissement in just a few words is no easy task… Between the imposing steel-and-glass monoliths of the Quai de Grenelle, the inter-war social housing on Rue Saïda and Rue des Quatre Frères Peignot, the Art Nouveau gems of Square Desaix and the Neo-Gothic oddities on Avenue de la Motte-Piquet, the 15th is defined by its mixture of atmospheres and architectural styles, with the one constant being its overall aesthetic quality. The 15th is also generously endowed in terms of natural spaces, with parks and gardens spread throughout the arrondissement. The Parc André Citroën (Rue de la Montagne-de-la-Fage) was created in the early 1990s, making use of the space formerly occupied by the Citroën factory on the banks of the Seine. With its themed gardens and Mediterranean and tropical greenhouses, the park is a popular spot for locals out for a weekend stroll. To the south-west, the Parc Georges Brassens covers almost 9 hectares just off the Rue des Morillons, a stone’s throw from the singer’s long-time home on Impasse Florimont.
A hive of activity
Often described as a residential zone, the 15th arrondissement is actually a buzzing business district. This is first and foremost thanks to the presence of the Parc des Expositions at Porte de Versailles, which plays host to Paris’s biggest events throughout the year: the Salon de l’Agriculture, the Salon Nautique and the Paris Motor Show, to name but a few. In terms of shopping, and in addition to the famous Gare Montparnasse shopping centre and surrounding streets, the 15th arrondissement recently celebrated the opening of the new Beaugrenelle mall on Rue Linois, boasting 50,000m² of shops and restaurants. And while it might not have the same level of renown as La Défense, or the prestige of the 8th and 9th arrondissements, the 15th‘s river-front business district is one of the city’s most important economic centres. The 15th arrondissement is also home to the headquarters of major institutions such as the French Football Federation (Boulevard de Grenelle), the European Space Agency (Rue Mario Nikis) and La Poste (Rue de Vaugirard), not to mention leading business incubator Boucicaut (Rue de Lourmel) and tech giant Safran (Boulevard du Général Martial Valin).
Residents of the 15th often find themselves defending their neighbourhood against its fusty image. In fact, this arrondissement offers a lively spirit, great amenities, buckets of charm and a fair few surprises. The 15th has something for everybody: old and young, students and professionals… And yet, property here remains relatively affordable!
* 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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