One time the district of the needlecraft masters, the 13th arrondissement has as a flagship the Manufacture des Gobelins, a former tapestry workshop and also Gare d’Austerlitz train station. This arrondissement is today known for its Chinatown and its Place d’Italie. If the old generation used to weave, the new one is sewing. One thing leading to another, this long forsaken district saw a change in its environment, with some brand new residential buildings and the rehabilitation of the river banks along which Library François Mitterand and the Cité of Fashion and Design were built. This evolution attracts a population of artists and of Bourgeois-Bohemians (‘Bobos’) living in new lofts with top-range fittings and in the said workshops renovated into luxury apartments, due to the rehabilitation of the whole district and of the brand new business zone.
Money side, the prices remain reasonable and true to their past iconoclastic spirit and the districts are full of contrasts. The average real estate price reaches 7.300 €/sqm. The districts of Croulebarbe and Salpétrière see their price per square meter raise, respectively, by +1.3 % and 2 %, which results from the rehabilitation of this working class district. Conversely, the district around the station saw its price per square meter significantly decrease by 7.4 %.
Orly and its departing flights, the Porte d’Orléans to take the road to the Mediterranean Sea, the motorway leading to the Greater West Region, the 14th arrondissement is an invitation to escape. Located South of Paris, surrounded by the 6th, 7th and 15th arrondissements, but also by the adjacent cities of Montrouge, Gentilly and Malakoff, it is mainly residential and remains the favorite of the families seeking peace. And evasion. For the 14th is above all a living place meant for the nomads and the travelers. Halfway from la Gare Montparnasse train station and the motorway exits from Paris, it is much sought after by the Parisians wishing to forget for a week-end that they do live in Paris, hurrying down to their second homes through the nearby motorway exit. And for more city-dwellers, the Parc Montsouris remains the privileged place to take a break. It is by the way nearby this park that you can find some recent buildings and apartments with top-range fittings and also, some quite unexpected concealed little houses and their small gardens.
The real estate average price reaches 8.110 € / sqm showing a stable trend.
The 15th arrondissement is separated from the 7th arrondissement by Avenue Suffren and Rue de Sèvres. And it's amazing how the two streets are like borders between the quiet well-to-do appearance of the 7th and the 'chic, family' dynamic of the 15th. The 15th arrondissement is primarily residential, offering a privileged lifestyle away from crowded tourist areas, while being a shopping district connected to the city center in a few minutes. It has a mix of traditional Haussmannian buildings, high-quality modern constructions and an abundance of large apartments, which is rare for a discreet district that never gets any attention. This arrondissement is preferred by families who can find the number of bedrooms they are looking for. It also offers sumptuous apartments with views of the Seine and the Île aux Cygnes.
The average price of property was €8,290 per sq. m in the second quarter of 2015, following a steady rise of 19.7% over five years. Today, property values are stable. The Saint-Lambert area in the southeast of the arrondissement has been the only one to record a rise in the price per square meter of 0.5%.