YOUR LOCAL REAL ESTATE AGENT IN PARIS
WHETHER BUYING, SELLING OR RENTING

Evaluating Paris property

IMAGE: Panoramic view of Paris, including the Eiffel Tower, which can increase the value of a property significantly

A view onto a well-known monument can increase the value of a property from between +5% to +20%

When purchasing Parisian property, buyers are frequently misled by the average price per m2, which only gives a general idea and does not necessarily reflect the true value of a property. This can depend on several factors: address, level in the building, quality of common areas, services etc. The table below gives an indication of how to look at evaluating a Paris property, even though we all know, each property is a case apart.

 

Floor Level Compared to average price/m2
Ground floor overlooking street – 15 to – 25 %
1st floor – 7 %
1st floor with café or trader open late below – 10 %
3rd floor to 6th floor with lift + 2,5 % per floor
Location Compared to average price/m2
Overlooking dim courtyard – 15 %
Building less than 10 metres away – 10 %
Terrace or garden + 10 to + 20 %
Double orientation East/West + 3 to + 5 %
Beautiful view (Parisian monument, open views) + 5 to + 20 %
High level of disturbance from traffic – 15 to – 20 %
Technical qualities Compared to average price/m2 
Property entirely renovated
(electricity, plumbing, insulation, etc.).
+ 15 to + 20 %
Property requiring light
redecoration (painting, floors, decoration, style)
– 5 %
Property requiring renovation
(depending on the extent on the renovation)
– 10 to – 20 %