Paris 17th: one borough, three different sectors
Article published in November 2019
Paris’ 17th borough offers many real estate rental investment opportunities. This district located in the northwest of Paris is today one of the most popular with families and young workers.
The 17th borough is perhaps the most astonishing borough in Paris with three clearly marked sectors. To the west, very bourgeois 17th century buildings may be found bordering the very wealthy Neuilly-sur-Seine and the 16th borough. In this sector, and in particular in the Plaine Monceau district, real estate display prices around €11,000 to €13,000 per m², to even reach €17,000 per m² in certain highly demanded areas. The presence of the superb Parc Monceau and the proximity of the luxurious 8th borough delivers happiness to the families living in that district. Served by Line 2 of the subway, leading to the most touristic areas of Paris, it is easy to reach Place de Clichy where nowadays the most profitable investments in the 17th borough are made (bordering the 9th and 18th borough). Indeed, it is around Place de Clichy that it is possible, according to a study by the Homepilot site, to make a T3 of 55 m² profitable in less than 17 years against 23 years in the rest of the area. In the same way, it will be possible to find great investment opportunities in the sectors of La Fourche and Guy Moquet, boasting very popular as prices at less than €10,000 per m² in average. With the renewal of the Batignolles district now housing the new Palais de Justice de Paris, many rental investments opportunities are becoming available. The average price for this sector is of €9,300 per m². Are you looking for an investment in the 17th borough offering you a great return? Phone The Place To Be France!