Housing prices in Paris in France
The cost of hotels in the center of Paris
- Place in a Hostel 31,1 - 41,4 USD = 30 - 40 EUR
- 2-3 stars, chain hotel Ibis , 11m2, the price is about 103,6 USD = 100 EUR
- 4 stars, chain hotel, Novotel , room 20m2, price about 176,2 USD = 170 EUR
Room at Novotel
Hostel in Paris, kitchen
How to get a lower price
These are examples of hotel prices in the city center. In a few metro stops from the center, hotel prices will traditionally be 20 percent lower.
A way out of high prices and small rooms can be a popular rental serviced apartment through AirBNB
You can view prices, book accommodations and read about the pros and cons of various hotel search engines in my review of hotel and apartment reservation systems
Paris apartment rental
Examples of apartment rental prices
- Renting a small apartment of 50-60 m2 with one bedroom in the central areas costs 1 139,9 - 1 554,4 USD = 1 100 - 1 500 EUR per month.
- A small apartment in a remote area will cost about 932,6 - 1 243,5 USD = 900 - 1200 EUR per month
How to search for an apartment for rent
To rent an apartment in Paris is recommended directly from the owners through the sites of private ads. There are a large number of housing search sites, the most popular are:
What documents are needed
You can also use the services of agencies, but in this case there is a high probability of getting to an unscrupulous agency that will ask for an advance payment for its services, and all their work will be only in that give you several phones from the same sites. The good agency, which is a minority, organizes a viewing of the apartment, which, incidentally, several applicants come to. And also accompanies the deal.
Money is paid only in case of a successful result, that is, the signing of a lease.
In any case, to rent a legal apartment with guarantees, that is, with a contract, you will need a package of documents:
- A copy of your passport with a visa or residence permit
- Salary receipts for the last three months (bulletins de salaire)
- Work contract (contract de travail)
- Three month tax payment confirmation (avis d'imposition;
- And the latest receipts for paying for the accommodation you lived in before
That is, you must confirm the legality of being in France, the availability of work and a steady income. Of course, you can find housing for rent, without the requirements for documents.
If you rent an apartment officially, then most likely you can expect the state housing allowance, which can cover up to half the cost of rent.
Visit the State Social Security website, which provides housing benefits www.caf.fr
View from the window
Relatively new building, Kitchen
Relatively new building, Room
Buying real estate in Paris
Features of the housing market in Paris
- The cost of real estate is greatly overstated and is constantly growing, there is always demand.
- Most of the houses, especially in the center are very old. Apartments need to be renovated.
- Repair work in the house, such as facade repair or installation of an elevator, is carried out at the expense of the owners, so additional costs are possible. There is a plan of such work, which you need to familiarize yourself with.
- There are offers below the market price. An apartment can be sold together with an old woman living in it. The buyer pays for the alimentation of the old woman and receives the apartment for use after her death.
Examples of prices for buying an apartment
- Price per square meter 8 289,9 - 14 507,4 USD = 8 000 - 14 000 EUR depending on the distance from the city center. The average price of an apartment in Paris is about 10,4 USD = 10.000 EUR per m2
- A small one bedroom apartment of 50m2-60m2 in a very remote area will cost about 414 497 - 621 745,6 USD = 400 000 - 600 000 EUR
Examples of utility bills prices
Utility payments: electricity, heating, water, garbage for a 60m2 apartment will cost about 103,6 - 207,2 USD = 100 - 200 EUR