Nestled in the heart of the French capital, Paris's 6th arrondissement is steeped in history, architectural beauty, and refined lifestyle. Rich in historical sites, this chic neighborhood boasts treasures such as the Luxembourg Garden, the Latin Quarter, and the iconic Notre-Dame Cathedral. Its privileged location places it at the center of Parisian activity, offering easy access to other districts and the city's main attractions.
The exclusive real estate market of Paris 6th
The real estate market in the 6th arrondissement of Paris is currently stable, with high demand for luxury properties that match with a limited supply. Luxury houses and apartments in Paris 6th are highly sought after, especially by those looking to enjoy the Parisian way of life.
The political and economic situation in Paris 6th
The political and economic situation in Paris 6th is generally stable. International and local buyers are attracted by the strength of the economy and the stable political position of France.
Costs and taxes for buying property in Paris 6th
Several costs must be considered when buying luxury property in Paris 6th. On average, real estate commissions are 3-5% for the buyer and the seller. In addition to this, buyers should be prepared for notary fees, transfer duty (which is around 5.80% in Paris), and potential construction inspection costs and legal fees. The wealth tax ('IFI') is 0.5 - 1.5% for properties whose taxable net value is above 1.3 million euros. Income tax varies depending on your personal situation but can be up to 45%.
Requirements for obtaining a mortgage
French and international banks are generally willing to finance up to 70-80% of the property purchase price, depending on the borrower's own capital and income.
Most sought after residential districts in Paris 6th
Among the most desirable districts are Saint-Germain-des-Prés, known for its luxury boutiques, historic cafes, and art galleries, as well as the Latin Quarter, famous for its bookshops and educational institutions, including the Sorbonne University.
Accessibility of Paris 6th
The 6th arrondissement is easily accessible by road and rail. It is a short distance from the Saint-Lazare railway station and is served by several metro and bus lines. The Roissy-Charles de Gaulle and Orly airports are about an hour's ride away.
Educational institutions near Paris 6th
The 6th arrondissement is home to several prestigious educational institutions, including the University of the Sorbonne, the Ecole normale supérieure, and the higher institute of management.
Paris 6th: An idyllic living environment
Paris 6th is a charming district endowed with a rich history, a beautiful natural environment, first-rate sports and cultural facilities, and well-developed infrastructure. It stands out for its moderate climate, its parks, cafes, luxury boutiques and Michelin-starred restaurants. Among the notable annual events are the Fête de la musique and cultural events in the Latin Quarter. The famous Odeon theater is located in the 6th arrondissement, as well as several renowned clinics and hospitals, including Cochin Hospital and Saint-Vincent-de-Paul Hospital, which are nearby.