Thursday, April 26, 2007

Paris Apartments : Rental Prices and Premiums


The price per square meter which is published regularly by the Paris notaries will give you a good indication of the relative cost of each arrondissement but expect to pay a high premium if you want something extra.

This view of Paris from an apartment in the 7th arrondissement could easily inflate the apartment rental or purchase price by 10-20%.

You could also expect to pay premiums of 5-20% on Paris apartments for any of the following:

• A good balcony
• A higher floor with elevator
• High ceilings
• The level of renovation
• Quality of communal areas
• Local amenities
• Proximity to a metro stop
• Good ratio of bathrooms to bedrooms
• A designated parking spot

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