French Property Prices by Region in 2025

As of May 2025, the French real estate market is showing signs of a gradual recovery after a two-year recession caused by rising interest rates, inflation, and declining purchasing power.

The dynamics of French prices over ten years (2015–2025)

Over the past ten years, the French real estate market has gone through periods of growth, recession, and recovery. In 2025, prices will stabilise and investment activity will increase, especially in the secondary housing segment.

2015–2019: After stagnation in the early 2010s, the market began to recover. Since 2016, there has been steady price growth, supported by low mortgage rates and high demand in large cities.

2020–2021: The COVID-19 pandemic has not slowed down price growth; on the contrary, prices increased by 6.4% in 2020 and by 6.9% in 2021, the highest annual increase since 2010.

2022–2024: A sharp increase in interest rates by the European Central Bank and rising inflation have led to lower house prices. In 2024, prices fell by 3.5% year-on-year.

2025: Lower mortgage rates and price adjustments have stimulated market recovery. The volume of investments is expected to increase to 13–16 billion euros in 2025, compared with 10–12 billion euros in 2024. In the first quarter of 2025, investments in commercial real estate in France have already reached 3.4 billion euros, which is 67% more than in the same period of 2024. According to the Global Property Guide, it was expected that by the end of February 2025, the rate of decline in housing prices in France will slow down to −0.7% year-on-year, followed by price stabilisation.

Average real estate prices in France as of 1 May 2025

Paris

Paris is by right considered the city of love, arts, and fashion. Everyone dreams of going to the romantic capital at least once in a lifetime, but the few lucky ones live here.

Over the past ten years, the Paris real estate market has gone through several notable phases, from stable growth to a period of correction and subsequent stabilisation. From 2015 to 2019, housing prices in the French capital grew steadily due to historically low mortgage rates, a stable economy and high demand from both local and foreign buyers. The average annual price increase during this period was about 4–6%, with prices rising especially strongly in prestigious districts.

In 2020–2021, despite the COVID-19 pandemic, the Paris real estate market not only did not sink, but continued to grow. Increased interest in “protected” investments, along with government support measures and low borrowing costs, have spurred demand. As a result, prices in some areas have reached historic highs, and the city has become even less affordable for the middle class.

The situation began to change in 2022. Due to rising inflation and the tightening of the monetary policy of the European Central Bank, a gradual decrease in market activity began. In 2023–2024, there was a moderate drop in prices: according to the French National Institute of Statistics, in 2024, the cost of housing in Paris decreased by about 3–4% in annual terms. The segment of secondary housing in areas with low energy efficiency has been particularly badly affected.

By 2025, the market is showing signs of stabilisation. The average price per square metre in Paris was about 9,420 euros — about 1.4% lower than a year earlier. Lower interest rates and a moderate price correction supported the recovery of consumer interest. Foreign investors and wealthy buyers focused on long-term ownership and lease are particularly active.

The Olympic and Paralympic Games held in Paris in the summer of 2024 played a special role. More than 10 million international tourists were expected to arrive, and the total revenue from tourism during the Olympics was estimated at 8.2 billion dollars. According to analysts, Games increased France's GDP by 0.3 percentage points in the third quarter of 2024.

What Paris district (arrondissement) to choose?

Paris is divided into twenty districts (arrondissements). The arrondissements are numbered from 1 to 20 in a spiral pattern. There are no lookalike districts in the capital of France, and each arrondissement is a separate little world with its own atmosphere, history and champions.

The historic centre of Paris is located in the 1st–9th arrondissements. The heart of the city is home to the main Parisian landmarks, such as the Eiffel Tower, Champs-Élysées, Notre-Dame de Paris, the Place de la Bastille, the Panthéon, the Sorbonne, Palais-Royal, Le Marais district, the Latin Quarter, and the Galeries Lafayette. It goes without saying that the most expensive housing in the capital is also here with the prices in the first nine arrondissements of Paris starting from 11,000 euros per sq. metre.

Paris’s bourgeois arrondissements 5, 6, 7, and 8, lure wealthy homebuyers that look for one-of-a-kind offers. Investors acquire buy-to-rent studios and modest two-bedroom apartments. The prices start here from 11,920 euros per sq. metre.

Paris’s eastern arrondissements 10, 11, 12, 19, and 20, are popular with students as the property prices are modest. Housing here would cost 8,700–10,600 euros per sq. metre. The youth would also rather choose arrondissements 3, 11, and 12, known for its vibrant nightlife, bars and events.

The 14th and 18th arrondissements — Montparnasse and Montmartre — are the areas preferred by creative intellectuals and art lovers. Prices here are rather low, keeping at 9,980–10,300 euros per sq. metre.

Arrondissements 15, 16, and 17 are popular choices for families with children. There are many good schools and parks and spacious apartments with five and more bedrooms here. Prices here range from 10,000 to 15,000 euros per sq. metre.

The less favoured arrondissements 13, 19, and 20, are the cheapest with property prices as low as 8,700–9,400 euros per sq. metre.

Côte d'Azur

Côte d'Azur or the French Riviera is the Mediterranean coastline that stretches from Toulon, France through the Principality of Monaco to the Italian border. The luxury resorts of Nice, Cannes, and Saint-Tropez are located here.

Côte d'Azur is one of the most popular destinations among property investors — about 70% of transactions in the local property market are made by foreign buyers. They opt for Nice, Cannes, and the triangle Villefranche-Beaulieu-Cap-Ferrat.

Saint-Jean-Cap-Ferrat

It is one of the most expensive locations in the world. This luxury seaside resort is located 10 km from Nice in the picturesque peninsula Cap Ferrat. In the early 20th century, the land in Cap Ferrat belonged to the royal house of Belgium, which shaped the style of the built-up environment with exquisite high-end villas of La Belle Epoque scattered every here and there.

The richest families of Europe and the world’s top celebrities joined the European monarchs here. Being an uncontested lure for the rich, this place is considered the glitziest on the seaside.

Apartments and villas in Saint-Jean-Cap-Ferrat cost several millions of euros. A villa offering access to the sea may cost 15,000–25,000 euros per sq. metre. A five-bedroom villa of 250 sq. metres in Cap Ferrat would cost 3,300,000 euros. A more affordable option to the peninsula is to be found in Beaulieu-sur-Mer or Villefranche-sur-Mer.

Antibes

It is a fashionable resort in the French Riviera situated between Cannes and Nice. Antibes or the ancient Antipolis has almost merged into one area with Juan-les-Pins, a popular coastal youth town. Antibes has preserved its historic look with medieval bastions, a fort, a castle, and chapels.

It is also the biggest yacht marina in the region lying in a 25-kilometre long waterfront setting that is one of the most picturesque coastlines in France. There are exquisite gardens and parks, clean sand beaches, refined restaurants, luxury boutiques, nightclubs, and a casino in the town. A house here might cost approximately 7,700 euros per sq. metre, and an apartment would sell for 5,500 euros per sq. metre on average.

Cap d’Antibes

It is a cape near the town of the same name and protrudes for four kilometres into the sea. This is an exclusive resort area with the best beaches in the Riviera and a point of attraction for celebrities from all over the world, dotted with villas of billionaires and luxury hotels. Holiday home prices in Cap d’Antibes are on par with those in Cap Ferrat and Monaco. A villa in Cap d’Antibes would cost from 15,000 euros per sq. metre.

Beaulieu-sur-Mer

It is an exquisite resort lying between Nice and Monaco near Cap Ferrat. Crowned heads, tycoons, and artists came to settle here in the early 20th century. This is the point where the mountains meet the sea, boasting of the best microclimate in the Riviera.

There is everything that creates the unparalleled spirit of Provence here — a big yacht marina, villas in the neoclassic style, luxurious hotels and restaurants, upscale boutiques, golden sand beaches, tropical gardens with century-old palm and olive trees, and reserved medieval churches.

A house in the “beautiful place near the sea”, as the name Beaulieu-sur-Mer reads in French, would cost on average 15,000 euros per sq. metre, whereas the price of an apartment would be 8,200 euros per sq. metre.

Villefranche-sur-Mer

It is one of the most beautiful resorts between Nice and Monaco, near Cap Ferrat and Beaulieu-sur-Mer. The foreign aristocracy favoured the town in the 19th century, and the royal and imperial families frequented it. Villefranche-sur-Mer used to serve as the stronghold of the Russian Imperial fleet and the US Sixth Fleet.

The bay of Villefranche is one of the deepest harbours in the entire Mediterranean, providing anchorage for the largest vessels, such as cruise liners and superyachts. The sandy beaches of Villefranche are more popular than the pebble ones of Nice.

The flamboyant multicoloured houses in the Italian style and luxurious villas in Villefranche tier up the mountain along the bay. This scenic town was a setting for many movies, including Alfred Hitchcock’s ‘To Catch a Thief’ starring Carry Grant and Grace Kelly, the Bond film ‘Never Say Never Again’ with Sean Connery, and ‘Ronin’ with Robert De Niro. A villa in Villefranche-sur-Mer would cost on average 13,700 euros per sq. metre, and the price of an apartment would be 8,200 euros per sq. metre.

Nice

It is the capital of Côte d’Azur. This is an aristocratic town with French elegance and Italian vibes. Ancient Greeks named Nice after the Greek goddess of victory Nike. The English and French aristocracy loved to spend their holidays here in the 19th century.
The resort may impress with the churches and palaces of the 17th and 18th centuries in the Italian Baroque style. The coastal part of the city is built up with the exuberant eclectic homes dating back to the 19th – early 20th centuries.
Although the prices are rather high, housing in Nice and its suburbs is much cheaper than in the luxury resorts in the Riviera, such as Saint-Jean-Cap-Ferrat. Nice is also more affordable than Cannes: a two-bedroom apartment would cost 300,000 euros here.

An apartment in Nice would sell on average for 5,100 euros per sq. metre, and a house would cost 6,300 euros per sq. metre. However, the prices in the centre of Nice — Carré d'Or, the old bourgeois quarter Cimiez, the prestigious Mont Boron — may go up to 10,000–15,000 euros per sq. metre.

Cannes

It is one of the swankiest resorts in the Riviera, the capital of festivals, and a town favoured by the European aristocracy. Cannes lies in the very heart of Côte d'Azur halfway between Monaco and Saint-Tropez. The resort gained popularity with the English aristocracy in the 19th century. Guy de Maupassant wrote about Cannes in 1888, “Princes, princes, princes everywhere.”

The town became globally famous during World War II when it started hosting the Cannes Film Festival. Cannes is the venue of other major events, such as the Cannes Lions International Festival of Creativity, the Cannes Festival of Pyrotechnic Art, and the international retail real estate show MAPIC.

A house in Cannes would sell on average for 7,300 euros per sq. metre, and an apartment would cost around 5,900 euros per sq. metre. There is an attractive residential area La Banane in the centre of Cannes near the Promenade de la Croisette where the apartment prices go up to several tens of millions of euros.

Saint-Tropez

It is a top resort for celebrities from all over the world. At the end of the 19th century, many artists enchanted by this location decided to settle here. The painter Paul Signac was the first to buy a villa and move to Saint-Tropez, followed by the artists Matisse, Bonnar, Marquet, and Derain.

In the 1920s and 1930s, the town attracted such stars of the global fashion world as Coco Chanel and Elsa Schiaparelli. The resort became world-famous in 1960 after the movie ‘And God Created Woman’ starring Brigitte Bardot was presented. The success was enhanced by a series of comedies about ‘Le gendarme de Saint-Tropez’ (‘The policeman from Saint-Tropez’) starring Louis de Funès and the movie ‘The Swimming Pool’ with Alain Delon and Romy Schneider.

The gorgeous promenade, refined restaurants, and trendy nightclubs, the world-famed beach Plage de Pampelonne, luxury yachts, and the regatta Giraglia Rolex Cup, the Porsche parade, haute couture, and the boutique of Brigitte Bardot — all these lure wealthy tourists from all over the world.

There are villas of famous actors, artists, bankers, and fashion designers in the vicinity of Saint-Tropez. One of the most fashionable resorts of Côte d’Azur offers homes at an average price of 18,000 euros per sq. metre. An apartment may cost 11,000 euros per sq. metre on average.

French Alps

Courchevel, Val d’Isère, Chamonix, Megève, and Méribel are the most popular ski areas in France. Évian, Thonon, and Yvoire, are the popular resorts on the French side of Lake Geneva. Experts say there are many nationals of emerging countries among buyers. However, they often opt for leasing a chalet or staying in a hotel rather than buying an apartment or a house.

Les Trois Vallées

It is the biggest ski area in the world that comprises eight ski village resorts that are totally different in spirit — the glitzy Courchevel and the family-friendly Les Menuires, the sports-loving Val Thorens and the serene Brides-les-Bains, the unobtrusive La Tania and the prestigious Méribel, the traditional Saint-Martin-de-Belleville and the new Orelle. All these villages are connected by an excellent 600-kilometre ski-trail and a common system of modern ski lifts.

Méribel

It lies in the heart of Les Trois Vallées. This key resort combines four major settlements and several small villages nestling at about 1,100–1,800 metres above the sea level. A ski pass for Méribel incorporates the linked ski trails of Courchevel, La Tania, Brides-les-Baines, Les Menuires, and Val Thorens.

The average buying price of a chalet in Méribel is 8,900 euros per sq. metre. A three-bedroom apartment in the Alpine style in the centre of the resort would cost about 680,000 euros.

Courchevel

It is the playground of billionaires. This Alpine village located at 1,850 metres above the sea level is famous for its luxury hotels and Michelin-starred restaurants. Property in Courchevel generates rental yields of about 5% per year. A chalet in Courchevel would cost about 11,500 euros per sq. metre.

Property prices in French Alps resorts are on the constant rise with the upscale real estate outpacing the broader market. Courchevel is deemed to be the most expensive ski resort in the world in terms of luxury real estate prices. High-end properties here cost 23,000 euros per sq. metre. Most chalet buyers in Courchevel are foreigners. International customers come mostly from Russia and Switzerland.

Val-d’Isère

It is one of the most popular resorts in the French Alps that has preserved the architectural style of an old Savoie village with siding of local stone, timber, and roof tiles. The slopes here go up to 3,650 offering a splendid view over Mont Blanc.

A chalet in this luxury resort may cost 15,900 euros per sq. metre. Val-d’Isère is slightly behind Courchevel, France, and Aspen, US, ranking the world’s top-three ski resorts with the most expensive upscale real estate. Luxury homes cost about 20,260 euros per sq. metre here.

Chamonix

It is the oldest resort in the French Alps dating back over 200 years and the largest Alpine village with a population of over 10,000 people. The resort sits on the Swiss-Italian border at the foot of Mont Blanc. The vertical drop here is 1,035–3,842 metres. This resort hosted the first Winter Olympics in 1924. A chalet in Chamonix would cost on average 9,000 euros per sq. metre.

Megève

It is a traditional Alpine farmer community in the Haute-Savoie department, with just about 3,000 residents. However, the number of people here goes up to tens of thousands in the winter and summer. Megève is considered to be the first ski resort in the Alps conceived in 1920 as an alternative to the Swiss St. Moritz.

The ski season in Megève is one of the shortest, lasting about 18 weeks. The average price of a chalet in Megève is 13,500 euros per sq. metre. Most of the buyers of housing in Megève are French. Many foreign buyers dominated by Europeans and Emiratis come from Geneve, which is one hour's drive from here.

Aquitaine

Aquitaine is the region located in the south-western France running into the Atlantic coastline. This is the cleanest region in Western Europe, according to Eurostat. It is also less hot than Côte d'Azur. Aquitaine with the wine-producing capital Bordeaux and the prestigious resort Biarritz is of interest to investors.

The home prices along the Atlantic coast are rather attractive. 2 million euros may buy a castle in Aquitaine, whereas the same in Côte d'Azur is enough just for an ordinary villa.

Bordeaux

It is the capital of Aquitaine and a large and rich city famous for its well-established wine-making tradition dating back to the 13th century when Bordeaux became the main wine supplier of the English royal court.

The city proliferated thanks to wine trade and its advantageous geographical position with access to the sea. The historic centre of Bordeaux was built in the 18th century and is a UNESCO World Heritage Site. Victor Hugo wrote about the city, “Take Versailles, add Antwerp, and you have Bordeaux”.

An apartment in this wine capital would cost about 4,700 euros per sq. metre, and a house would sell for 5,500 euros per sq. metre. The average real estate prices in Pessac, a suburb of Bordeaux, rose by almost 15% over a year reaching 3,600 euros per sq. metre, according to Baromètre LPI-SeLoger. This is the most dramatic price increase among the suburbs of France.

Biarritz

It is a stylish resort on the Bay of Biscay along the Atlantic Coast that used to be a vacation spot favoured by the European nobility. Biarritz is not so glitzy as the Riviera and draws both the wealthy and regular surfers. People here speak French, Spanish, and Basque.

Biarritz used to be popular at the beginning of the 20th century with the foreign aristocracy and was frequented by people of art. An apartment in Biarritz would sell on average for 8,300 euros per sq. metre, and a house would cost 9,300 euros per sq. metre on average.