Luxury real estate in the 12th district of Paris
Having to do with water and wood, the twelfth is at the same time naturally open onto nature and richly gifted with some very fine luxury buildings, which range from the bourgeois ones of the Port de l’Arsenal to the more bohemian ones of Rue du Faubourg Saint-Antoine and of the street market Rue d’Aligre, which saw the former workshops turned into lofts, not to mention the landscaping of the river banks, with the Parc de Bercy and Bercy-Village. The Planted Promenade leads to the edge of the Bois de Vincennes ; the Lakes of Saint-Mandé and Daumesnil are now close to the new zoo. Behold the quality of life rising in the East !
On the city side, Place de la Bastille and its adjacent lively streets are the symbol of the 12th arrondissement of Paris. This district shows various facets, as well young and festive nearby Faubourg Saint-Antoine and Gare de Lyon train station, where you can find the said workshops turned into lofts, but also calm and peaceful around Avenue Daumesnil, sought after by a more family-type clientele. The landscaping of the river banks with the Parc de Bercy and Bercy-Village made the 12th arrondissement all the more attractive that it created a new living and working space, thanks to the establishment of numerous ‘majors’ like, for instance, Bank Crédit Foncier.
Money side, the average real estate price reaches 7.500 €/sqm at second quarter 2015. A victim of its own success, which had led to an undue craze, the whole of the 12th district has namely known a negative variation of the prices over a year (-4%). the sectors the more concerned are the Quinze-Vingts (-8.7%) and Bercy (-11.2). A necessary readjustment for tomorrow.
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