This former working-class district overflows with small apartments, calm streets and small cobblestone courtyards. Long considered among the least expensive districts of Paris, large scale modernisation and improved transport links with the newly-opened tram line, are rapidly changing this point of view. The 13th is mainly a residential and business district. New investments and development continues producing buildings such as the extremely modern Bibliotheque Nationale de France. The new restaurant scene along the Seine, with moored peniches (also holding concerts) and outdoor restaurants and bars open in summer, adds a lively atmosphere and this area now attracts young and old alike to live in the 13th arrondissement of Paris.
Around Tolbiac is Paris’ china town. With a constant influx of people, especially Vietnamese and Chinese wishing to live in the 13th arrondissement of Paris, this area has become popular for all, with an incredible number of Chinese and Asian restaurants and shops and massive Oriental super stores, adding a multi-cultural flavour.
The northwest maintains some of the charm of the Latin Quarter, while the outer areas give way to modern sky-rise blocks and industry. One of the most animated areas is the Place d’ Italie and the avenue des Gobelins that joins the 5th arrondissement and its proximity to the 5th but with its lower prices, makes it a sought-after area in which to live in the 13th arrondissement of Paris.
Looking to invest in Paris 13th arrondissement ?
The 13th is relatively calm with plenty of green areas, good local commerce and reasonably priced properties, which makes it especially sought-after by families looking to buy an apartment in the 13th arrondissement of Paris. It has a broad range of apartments from traditional to modern. Its location offers good access to the east and southern suburbs, as well as central Paris.
More traditional architecture is to be found to the north and more modern blocks to the southeast, which offer excellent views of the city which makes up for their lack of charm.
Montmartre for executives, with many older buildings that rarely exceed four stories and is now one of the most expensive and popular areas in which to buy an apartment in the 13th arrondissement of Paris.
The mean price per m2 in the 13th arrondissement is around 7 586€*, with price ranges varying greatly per area. The most expensive street being Rue Broca (10 158€) and the least expensive, Villa d`este (5 586€)*. The Chambre de Notaires de Paris advises that real estate prices here have declined by -2.4% in the first quarter of 2016, but rose slightly overall by +0.1% in the past 5 years. The stable prices here are one of the reasons to buy an apartment in the 13th arrondissement of Paris.