The 1st arrondissement of Paris is a highly sought-after area for buyers of luxury properties. Its iconic monuments, Michelin-starred restaurants, elegant Haussmannian buildings, and central location make it one of the most prestigious neighborhoods in the capital.
The 1st arrondissement, a prestigious neighborhood in the heart of Paris
The 1st arrondissement is one of the most prominent areas in Paris. Located in the heart of the city, it is constantly bustling with tourists, strollers, and buyers attracted by its renowned monuments (the Louvre, the Tuileries Gardens, the Île de la Cité), iconic sites (Place Vendôme, Les Halles), famous bridges (Pont des Arts, Pont Neuf...), restaurants, and legendary cabarets. The 1st arrondissement of Paris also offers a privileged living environment thanks to the presence of several green spaces on its territory and its excellent public transportation network.
Paris 1st: an internationally renowned real estate market
The neighborhoods of the 1st arrondissement of Paris (Saint-Germain-L'Auxerrois, Les Halles, Vendôme, and Palais Royal) are highly coveted by buyers of luxury properties. The average price per square meter for an apartment in this area is around 13,500 euros.
With around 13,000 housing units, the 1st arrondissement of Paris is one of the smallest districts in the city. It mainly consists of elegant old buildings constructed in the early 20th century. It's worth noting that these period buildings generally house small individual dwellings, as well as commercial spaces and some very prestigious properties.
Are you looking for an exceptional apartment in the 1st arrondissement of Paris? Michaël Zingraf Real Estate offers luxury properties in the most privileged neighborhoods of the district.