This is a calm, mainly residential upper-class area with tourism being restricted mainly to Trocadero with its lovely views of the city and Arc de Triomphe in the north. Passy, just below Trocadero, attracts a young jet set population and has lively shopping streets. This is Kleber, in the north, is mainly a business area where most law firms have their offices – and not much else happens. Victor Hugo, to the west, is much more exclusive, residential and much sought-after by French families looking to live in the 16th arrondissement of Paris.
Auteuil with its beautiful limestone buildings, small businesses, well-known schools, excellent transportation and its proximity to Bois de Boulogne maintains a true village atmosphere, whilst Porte de St Cloud with its ring road and Parc des Princes stadium can be noisy and rather lacking in character, making it a somewhat less-inviting area in which to live in the 16th arrondissement of Paris.
Looking to invest in Paris 16th arrondissement ?
Properties in the northern area, for those looking to buy an apartment in the 16th arrondissement of Paris, are very chic and though expensive, are still more affordable than in the centre of Paris for the same type of apartment. Apart from the areas of Auteuil, Jasmin and Passy, the 16th is very residential, with a quieter, family ambience and somewhat lacking in commerce.
Buildings in the north are a mixture of Haussmann and 1930’ s styles, whilst the south has a more modest range of traditional and recent apartments. The bordering outer edge of the arrondissement is mainly post-1930s in style, with lovely art deco buildings and views of the park making apartments here very desirable indeed for anyone considering to buy an apartment in the 16th arrondissement of Paris. Properties to the west are a favourite locale for the business community of La Defense, with proximity to Bois de Boulogne being a plus for families.
The mean price per m2 in the 16th arrondissement is around 8 612€*, with price ranges varying greatly per area. The most expensive street being Place de l`alma (14 951€) and the least expensive, Avenue Ferdinand Buisson (6 326€)*. The Chambre de Notaires de Paris notes that real estate prices here rose by +2.7% in the first quarter of 2016, and had an overall rise of +2.3% in the past year, making it an excellent investment choice to buy an apartment in the 16th arrondissement of Paris.