Analysis of the Paris Real Estate Market by ORPI L'Agence Félix Faure - 15th Arrondissement

## Description
The image is an excerpt from a real estate news article, highlighting an analysis of the Paris real estate market by Jean-François Milin from ORPI L'Agence Félix Faure. The page features a photograph of a bright apartment located in the 15th arrondissement of Paris, with a modern interior including a double living room, a bedroom, a fitted kitchen, a shower room, a dressing room, and separate toilets. The text describes the characteristics of the apartment, its price, and includes comments on the local real estate market. Statistics on average prices per square meter in different arrondissements of Paris are also provided.

## Extracted text

PARIS XV Rue de Plélo Close to the Boucicaut metro station, this 3-room apartment of 53 m², located on the 3rd floor with an elevator, features a bright double living room of 25 m², a courtyard-facing bedroom, a separate fitted kitchen, a shower room, a dressing room, and separate toilets. Price: 560,000 euros.

also: "It is mainly people arriving in Paris who settle here, notes Emmanuel Menuier, director of Laforêt Alésia. There are fewer shops and transport, but we are not far from Montsouris Park." The selling times remain short for properties that have multiple advantages, he continues: "In Montparnasse, avenue du Maine, we just sold a 4-room apartment of 72 m² with a small terrace for 800,000 euros in one week, on the 3rd floor with a cellar, parking, and an energy performance rating of E."

The clientele is indeed more demanding than ever, and the slightest flaw can slow down a sale. For proof, in the 15th arrondissement, very selected] in ten days and only one offer with significant negotiation, wonders Jean-François Milin, director of ORPI L'Agence Félix Faure. The property is in good condition, but the owners were elderly. It needs to be updated, and that is what displeased. Discussions are still ongoing."

The arrondissement also experiences strong price elasticity, ranging from entry-level properties, around 6,500 euros per m² in the south, to some high-end properties, reserved for foreign buyers, in the north: "The beautiful apartments in the Beaugrenelle towers will attract wealthy individuals from Gulf countries. We just concluded the sale of a penthouse at 27,600 euros per m²," specifies Arnaud Lewandowski, director of Paris Ouest Sotheby’s International Realty. The bourgeois Parisian clientele is moving towards the neighborhoods of Saint-Lam-

REFERENCE Average price in euros per m² Paris XIII 8512 Paris XIV 9754 Paris XV 9358 The most expensive street Rue du Cherche-Midi 14530 The least expensive street Villa d’Este 5460

SOURCE: MEILLEURSAGENTS.COM AS OF MARCH 1, 2025.

## Technical information
- **Content type:** Scanned document
- **Keywords:** real estate, Paris, real estate market, apartment, ORPI L'Agence Félix Faure, 15th arrondissement, price per square meter, real estate analysis, sale, Jean-François Milin