Luxury real estate in the 16th district of Paris
Auteuil, la Muette, Porte Dauphine and Chaillot are the four areas that make up the famous 16th arrondissement, known as the most exclusive district of Paris. Located across from the Eiffel Tower, it is home to many museums and major historic monuments including the Arc de Triomphe, the Musée de l'Homme, the Palais de Tokyo, the Musée Galliera and the Musée Marmottan Monet. It is also the seat of most embassies and consulates in Paris as well as the OECD. Its sports stadiums, such as the Parc des Princes and Roland-Garros are world famous, making it a prominent district in Paris. Families enjoy a pleasant living environment close to excellent schools, both public and private, as well as shops and public transportation. Its close proximity to the Bois de Boulogne and many public gardens create a leafy outdoor environment, while the construction quality of its buildings, mansions and prestigious properties in general make it one of the most sought after arrondissements among French families and international clients alike.
The average price of property is €8,860/sq. m; however, this amount hides wide disparities. Exclusive homes can reach or exceed €20,000/sq. m. Although there is an overall downward trend of 2%, this arrondissement remains popular due to its internationally recognized image and prestige. The district is a favorite among clients from the Gulf, well-known figures, celebrities, professional athletes and footballers.
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