Paris 7th - Paris 16th - Paris 6th

Nestled on the left bank of the Seine, Paris 15th, or the fifteenth district, offers a wealth of history and a privileged geographical location. This district is home to many historical sites, including the Montparnasse Tower, one of the highest structures in the city. Known for its architectural heritage and vibrant cultural life, Paris 15th offers an exclusive lifestyle sought after by many.

The Real Estate Market in Paris 15th

The real estate market in Paris 15th is generally strong and stable, despite some minor fluctuations. Demand for luxury homes and apartments in the district is generally high compared to the supply. It should be noted that the estate agency commission for buyers and sellers usually varies between 3% and 5% of the sales price.

Additional Costs

When purchasing a luxury property in Paris 15th, it is important to consider some additional costs. These costs can include the property transfer tax (5.80%), notary fees, and possibly construction inspection costs or legal fees.

Taxes

In France, a wealth tax is applied to luxury properties. Moreover, a tax on the profit made when selling a primary or secondary residence can be applied, as well as an income tax for registered residents of Paris 15th.

Real Estate Financing

Specific conditions must be met when looking to obtain a mortgage for a home purchase in Paris 15th. It is generally required that a certain percentage of the purchase price be covered with personal funds.

Selecting a Neighborhood

The 15th district of Paris offers many upscale neighborhoods such as Javel and Grenelle. These neighborhoods provide an excellent lifestyle due to their proximity to numerous tourist sites, renowned schools, and luxury stores.

Accessibility and Public Infrastructure

Paris 15th is well served by an efficient road and rail network. It is located near major cities like Versailles and is a short distance from Charles de Gaulle International Airport. The district's public infrastructure is excellent, offering easy access to healthcare institutions, educational institutions, and sports facilities.

Life in Paris 15th

The natural environment of Paris 15th is characterized by numerous parks and access to the Seine. The climate is temperate with mild winters and hot summers. Among the district's most popular attractions are designer boutiques and numerous high-end dining options. Furthermore, a variety of cultural and sporting events are organized in the district throughout the year.