This predominantly upper-class residential and commercial district, bordering the Arc de Triomphe, is made up of many small neighbourhoods and is easily accessible to the Champs Elysees, making it a popular area for those who live in the 17th arrondissement of Paris, but wish to be nearer the centre of Paris. Market streets and local crafts are commonly found throughout the area.
The north becomes busier and more working-class as it approaches the 18th - with the exception of the Batignolles “village”, with its park, local commerce and covered market, which attracts many young bourgeois families to live in the 17th arrondissement of Paris.
The south is more elegant and fashionable with its wide boulevards and traditional architecture. Ternes and Poncelet is a lively market area, along with the market street of rue de Levis, with its cafes and shops, which borders Monceau where you will find the beautiful Parc Monceau, one of Paris’ best kept secrets. For those who live in the 17th arrondissement of Paris, it has a mainly bourgeois, family orientated community.
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Buildings here are of mainly Haussmann architecture mixed with later 1930-50’ s designs. This district has a wide range of chic apartments to the south and is calm and geographically well positioned, making it a favourite for families or professional couples looking to buy an apartment in the 17th arrondissement of Paris.It is also well served by local commerce and public transport. The increase in its popularity has meant prices are on the rise and this area offers a very comfortable way of life and a good investment for anyone wishing to buy an apartment in the 17th arrondissement of Paris.
The more expensive areas are to the south, in and around the Arc de Triomphe. Centrally, apartments are found at a more modest price, but can often be somewhat unkempt in the northeast.
The mean price per m2 in the 17th arrondissement is around 8 513€*, with price ranges varying greatly per area. The most expensive street being Avenue de Verzy (12 093€) and the least expensive, Passage Saint-Michel (6 160€)*. The Chambre de Notaires de Paris notes that real estate prices here rose by +2.7% in the first quarter of 2016, but had only a slight rise of +2.3% in the past year, keeping it still affordable to buy an apartment in the 17th arrondissement of Paris.