Being one of the largest districts in Paris and housing more than 160,000 residents, the 16th arrondissement plays an important part for the city. The area is also one of Paris’s safest. For that reason, among many others, it attracts a large proportion of younger families. The streets are filled with many BCBG individuals, or “bon chic, bon genre”, stylish members of the upper class of Paris.
The area is the most conservative of Paris, and largely focuses on wealthy families and how to cater to their needs. The streets are clean and beautifully lined with flowers and cafés. Families and kids can be seen shopping and browsing the boutiques during the weekend. The nights are quiet and very safe.
The Passy Cemetery is a major landmark for the arrondissement, and for Paris as a whole. The famed painter Manet and the composer Debussy are buried within it. Among others, the area houses the museum of contemporary art, Palais de Tokyo, and is also home to most embassies.
In the Quartier de la Porte-Dauphine, there are parks and the Lac Inférieur. It is the ideal place for boating promenades and seeing some sporting events. The 16th arrondissement is the perfect location in Paris to fill a day with strolls through the city streets, doing some shopping and eating at one of the local bistros, after which one of the many large green spaces can be enjoyed with the family.
In the past couple of years, the district has seen an influx of younger individuals moving into the neighbourhood. It is popular among expats and is seeing an increasingly growing American community. It provides a new energy to the district that is more youthful and ensures a continued life in the district beyond families and quiet streets.
The area is well known to be clean, safe and to offer quality properties, which tend to be much bigger in size than anywhere else in the city. The demand for the area is consistently. Streets such as Avenue Foch, Auteuil and Passy are the most sought-after and therefore the most expensive. The commercial property market is not strong in this area as commercial properties for sale are far and few between.
On average, a 16th arrondissement property for sale can start at €8,500 per sq m. Between the main streets with views of the Eiffel Tower, properties that are less than 90sq m generally range around €1,400,000 and quickly increase according to their size.
As the arrondissement is quite large, the northern part tends to be farther away from the centre and the prices for properties are generally less expensive. The rental market in the area, however, is constantly growing as Parisians like the tranquility and the close proximity to the centre of the city, a great Paris property investment for those looking for buy-to-rent.
GET – a table at L’Ourcine, a quintessential Parisian bistro. Enjoy the daily fresh fish deliveries from Brittany and seasonal game in autumn.
SEE – the villas or what are also called hameaux, that make up the streets of Passy-Auteuil. They are some of the most curious and charming parts of the neighbourhood. They create honeycombed enclaves that are fun to discover.