Which are the most expensive areas of France?
European France is divided into regions (régions), each region is divided into departments (départements) and the departments are divided into communes. This article will focus on the average property prices per square metre.
Most expensive départements
The most expensive départements in France are the following, listed in order of price per square metre:
- Paris (Île-de-France): €10,684
- Hauts-de-Seine (Île-de-France): €7,461
- Val-de-Marne (Île-de-France): €5,433
- Alpes-Maritimes (Provence-Alpes-Côte d’Azur): €4,565
- Seine-Saint-Denis (Île-de-France): €4,193
- Yvelines (Île-de-France): €4,114
- Haute-Savoie (Auvergne-Rhône-Alpes): €3,965
However, each department is broken down into communes (or arrondissements for Paris).
Most expensive arrondissements (Paris)
Central Paris (department number 75) is divided into 20 arrondissements and the most expensive average prices per square metre are the following:
- 6ème arrondissement: €16,009
- 7ème arrondissement: €15,413
- 4ème arrondissement: €14,174
- 1ème arrondissement: €14,171
- 3ème arrondissement: €13,528
- 8ème arrondissement: €13,396
- 5ème arrondissement: €13,096
- 2ème arrondissement: €12,414
- 16ème arrondissement: €12,289
- 9ème arrondissement: €11,593
- 17ème arrondissement: €11,150
- 14ème arrondissement: €10,688
- 15ème arrondissement: €10,344
- 11ème arrondissement: €10,241
- 10ème arrondissement: €10,145
- 18ème arrondissement: €9,848
- 12ème arrondissement: €9,808
- 13ème arrondissement: €9,170
- 20ème arrondissement: €9,154
- 19ème arrondissement: €8,749
Most expensive communes (the rest of European France).
- Val-d’Isère (Savoie): €11,691
- Neuilly-sur-Seine (Hauts-de-Seine): €11,108
- Saint-Jean-Cap-Ferrat (Alpes-Maritimes): €10,551
- Saint-Tropez (Var): €10,469
- Ramatuelle (Var): €10,404
- Lège-Cap-Ferret (Gironde): €10,225
- Megève (Haute-Savoie): €10,138
- Les Allues (Savoie): €10,045
- Courchevel (Savoie): €9,608
- Saint-Mandé (Val-de-Marne): €9,304
- Levallois-Perret (Hauts-de-Seine): €9,267
- Chamonix-Mont-Blanc (Haute-Savoie): €9,232
- Boulogne-Billancourt (Hauts-de-Seine): €9,224
- Vincennes (Val-de-Marne): €9,195
- La Clusaz (Haute-Savoie): €9,125
- Eygalières (Bouches-du-Rhône) €8,933
- Veyrier-du-Lac (Haute-Savoie): €8,649
- Villefranche-sur-Mer (Alpes-Maritimes) €8,634
- Soorts-Hossegor (Landes): €8,580
- Èze (Alpes-Maritimes): €8,378
Note that the list can vary depending upon the year and the data source.
How AISA International France can help you
We can introduce you to private banks in France and Europe in order to optimise the financing of your property. We can also guide you through the property purchase process and introduce you to a tax attorney to help you potentially minimise your exposure to the French property wealth tax. As well as property financing, we also offer investment advice and management, either in-house or via one of our external discretionary investment managers.
Useful links
- https://www.data.gouv.fr/fr/reuses/prix-au-m2-partout-en-france-estimation-immobiliere-explorateur-de-ventes-dvf/
- https://www.lapporteurdimmo.com/prix-immobilier
- https://aisainternational.fr/investments/france-property-wealth-tax-2023/
- https://aisainternational.fr/investments/french-mortgages-faq/
The views expressed in this article are not to be construed as personal advice. Therefore, you should contact a qualified, and ideally, regulated adviser in order to obtain up-to-date personal advice with regard to your own personal circumstances. Consequently, if you do not, then you are acting under your own authority and deemed “execution only”. Additionally, the author does not accept any liability for people acting without personalised advice, who base a decision on views expressed in this generic article. Importantly, this article is dated and is based on legislation as of the date. It should be noted that legislation changes, but articles are rarely updated. Sometimes a new article is written; so, please check for later articles. Additionally, check for changes in legislation on official government websites. Finally, this article should not be relied on in isolation.
