French real estate in Paris: Prices are Increasing plus Sample Sales



French real estate in Paris is anticipated to reach prices that will exceed past records.

Parisian notaries declared on Tuesday May 30, 2017 that low interest rates have created a more active real estate market with a 38 percent increases in sales year over year in Ile-de-France.

In fact, in Paris more than 10,000 homes were sold in the first quarter of 2017. This is a record since 1991. In fact, a properly priced property can sell within 15 days stated the chairman of the commission of real estate statistics notaries.

A sample of the record sales in the first quarter of 2017, according to Maitre Charles Flobert area as follows:

  • An apartment of 108 m², in the Champs Elysees district, sold at the price of 30,560 euros per m²,
  • A property 117 m² in size in the Quartier Porte Dauphine sold at 20,450 euros per m²
  • A property of 189 m² in the Quartier Gros-Caillou (7th), sold at 29, 950 euros per m² and another property of 84 m² sold for 25,300 euros per m²

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