The 12th is an up-and-coming arrondissement. Apart from the areas close to Bastille and Nation, the 12th is mainly residential and generally calm with parks and promenades and buying to live in the 12th arrondissement of Paris has become a popular option for many families. The area close to Gare de Lyon and some of the business districts are livelier, with the area around rue de Charenton well known for its electronics shops.
The recently converted Bercy district, with its lovely Parc de Bercy, Bercy village, Cour St Emillion and Ministry of Finance, is a bustling area that offers restaurants, cafes, boutiques and a multi-complex cinema. It also harbours the fascinating funfair museum, Musee des Arts Forains. It is a popular area for Parisians, tourists and businessmen alike.
Bois de Vincennes on the border of the 12th, and is a popular place to stroll. The viaduct’ s arcades have an impressive array of art galleries and cafes and the Marché de L’ Aligre is one of the best in Paris.
The bustling area around Nation is one of the main arteries into central Paris and often the starting point for demonstrations and although the area has larger apartments, this area may not be the best choice for families looking to live in the 12th arrondissement of Paris.
Looking to invest in Paris 12th arrondissement ?
Bercy, with its parks and gardens, offers a mixture of traditional and modern, with family oriented newer developments, and a reasonable price range for those looking to buy an apartment in the 12th arrondissement of Paris.
Bastille and Gare de Lyon have mainly Haussmann architecture, although the northern area of the viaduct has a mixture of traditional and more recent buildings.
Picpus and Daumesnil become relatively calm as you head towards the outer limits of the arrondissement. They are a favourite with families due to the availability of larger apartments and the proximity to one of Paris’ largest parks, the Bois de Vincennes and many more families are choosing this area in which to buy an apartment in the 12th arrondissement of Paris.
All areas offer a community atmosphere, convenient local commerce and excellent public transport.
The mean price per m2 in the 12th arrondissement is around 7 721€*, with price ranges varying moderately per area. The most expensive street being Boulevard de la Bastille (9 938€) and the least expensive, Rue Jeanne Jugan (5 796€)*. The Chambre de Notaires de Paris notes that real estate prices here have declined by -0.6% in the first quarter of 2016, but rose slightly by +1.7% in the past 5 years. This only moderate price rise has continued to make it very affordable to buy an apartment in the 12th arrondissement of Paris.