Apartment hunter: welcome to the 3rd arrondissement

Between its beautiful hotels, its museums or even its famous districts such as that of the Marais, the 3^E Arrondissement of Paris is one of the most popular among Parisians as well as French and foreign tourists. Would you like to buy a property there? We invite you to discover the prices that are charged there as well as various useful information to know. And if you need the services of a apartment chaser, do not hesitate to contact us.

3rd arrondissement: prices and examples of properties for sale

How much is the square meter in the 3^E arrondissement of Paris? This is what we invite you to discover.

Price per square meter in the 3rd arrondissement[1]

It's decided, you're going Buying an apartment in Paris and more particularly in the 3^E borough. But how much does one square meter cost? It depends on the neighborhood. On average, it amounts to 10,296 euros against 7,470 euros for the lowest square meter and 13,041 euros for the highest square meter.You can also rent a property or buy one to put it then For rent. In both cases, be aware that The average price per square meter is 30 euros against 22.5 euros for the lowest and 36 euros for the highest. This is about 900 euros in monthly rent for a 30 square meter apartment. These numbers are estimates at 1^Er January 2017 and are expressed as net sellers.

Price trends in the 3^E borough

Prices in the 3^E districts have evolved over the last few months and years. Thus, in one month, they increased by 0.8%. In three months, an increase of 3% has been observed. In one year, the increase is even greater, reaching 7.8%. In two years, it reached 10.8%. In five years, prices increased by 6.4%. Finally, in 10 years, they have more than doubled, with an increase of 54.5%.The observation is therefore as follows: in 10 years, prices in the 3^E Borough has only increased to reach more than 10,000 euros on average per square meter today.

Examples of properties for sale in the 3^E Arrondissement of Paris

You want to buy a property in the 3^E arrondissement of Paris? Here are examples of apartments offered for sale. For an area of 70 square meters (three-rooms, including two bedrooms), count around 780,000 euros. For nearly 80 square meters, the selling price can reach and even exceed 950,000 euros. Do you want to buy a studio with an area of less than 15 square meters? The selling price may exceed 115,000 euros.Attention, these prices are indicative and may vary depending on multiple factors (assets and faults of the property, situation...).

Practical and useful information on the 3^E Arrondissement of Paris

Investing in a property in the 3^E Arrondissement of Paris is one thing, but knowing this sector well is another. From its history to what can be done about it, here is various information on the 3^E.

History of the 3rd arrondissement of Paris[2]

At the time when Paris was still called Lutetia (Lutece), what would become the 3^E The district is still just a swampy area. Then, during the High Middle Ages, an abbey was built: Saint-Martin des Champs. But it was only after the Norman invasions that this sector began to develop. The Temple Enclosure has more and more buildings and is becoming a small town in its own right.At 14^E century, Charles V “the wise” decides to move to the St-Pol hotel. The eastern fortifications of the city must then be expanded. The eastern and northern limits of the current 3^E arrondissement are born. A “long period of urbanization began” (private buildings, Hospital for Red Children...) .After the massacre of Saint-Barthélemy (night of 23 to 24 August 1572), Henri IV launched major works and the district became one of the most exclusive in the capital. The Place Royale (Place des Vosges) was, for example, completed in 1612.At 18^E Century, the future 3^E Arrondissement is back one of the most industrial sectors in Paris. Many immigrants also come there.At 21^E century, the 3^E is reborn “torn between the restoration of its historical heritage, real estate speculation and the maintenance of its traditional activities and its population”.

The 3rd arrondissement in numbers[3]

Since the 1999 census, which determined that 34 250 people lived in the 3^E, the number of inhabitants has changed only slightly. In 2010, there were 35,652, or about 1.6% of the Paris population. It is in the Arts et Métiers district with the most inhabitants, with more than 9,000 people. It is the 20-39 year olds who are the most present in this very dynamic sector and where the average number of working people is higher than in Paris.The gardens and green spaces extend over more than 18,000 square meters to which must be added private gardens and other squares.

On the side of shops and transport

The 3^E Arrondissement of Paris being a Very lively and busy area, finding shops and other restaurants is easy. Textile shops, for example, are relatively numerous there. Moreover, to get around within the 3^E Borough or outside, it's very simple. All you have to do is Take the subway, the bus, the taxi or the Vélib'. You want to buy a property in the 3^E arrondissement of Paris? So call on a huntsman Of apartment Home Select. If you have any questions or just want to meet us, do not hesitate to contact us. We are happy to help and advise you. See you soon![1] http://www.meilleursagents.com/prix-immobilier/paris-3eme-arrondissement-75003/[2] http://www.mairie03.paris.fr/mairie03/jsp/site/Portal.jsp?page_id=452[3] http://www.mairie03.paris.fr/mairie03/jsp/site/Portal.jsp?page_id=34