The 15th is essentially a residential and business district with a lively community atmosphere. The area bordering the 7th arrondissement is quite upmarket whilst becoming increasingly middle-class towards the south and is a sought-after area in which to live in the 15th arrondissement of Paris.
The main arteries are bustling, as is the rue de Commerce and the areas of Cambronne and the Motte Picquet. The 15th borders the lively Montparnasse district with its hive of restaurants, bars and nightlife.
There are several small squares and parks in the area, the most modern being the beautiful Andre Citroen Park on the original site of the car manufacturer. To the north, facing the Seine is a zone of modern skyscrapers dominating Paris’ smaller version of the Statue of Liberty. This river-frontage is one of the more expensive areas in which to live in the 15th arrondissement of Paris.
Paris’ largest exhibition centre, Parc des Expositions, is in the south and is one of the largest in Europe.
Looking to invest in Paris 15th arrondissement ?
If looking to buy an apartment in the 15th arrondissement of Paris, apart from a range of expensive chic apartments bordering the 7th, this area remains an affordable district with a mix of both residential and commercial areas.
Modern and traditional architecture can be found along its main arteries and most side streets are calm and relaxed. Bordering the Seine are chic, high-rise apartments with great views of the city and it has become one of the more expensive areas in which to buy an apartment in the 15th arrondissement of Paris.
This is a favourite area for families, and its position offers good access to the western ring road, Versailles and the business district of La Defense.
The mean price per m2 is around 8 390€*, with price ranges varying greatly per area. The most expensive street being Avenue de Breteuil (12 586€) and the least expensive, Rue du Colonel Pierre Avia (6 135€)*. The Chambre de Notaires de Paris advises that real estate prices here have declined by -1.1% in the first quarter of 2016, but rose by +2.0% in the past 5 years, and prices remain attractive for those wishing to buy an apartment in the 15th arrondissement of Paris.