Monday, May 14, 2007

KHS Real Estate Releases 2006 Paris City Market Report

In the city of Paris, the average squaremeter price for old and unoccupied apartments stood at € 5,772/ USD 7,842.99 during the 4th quarter 2006. Once again, the 6th arrondissement around “Saint Germain des Prés” has been the most expensive (€ 8,586/ USD 11,667.09 per squaremeter), followed by the 7th (“Musée d’Orsay”- “Invalides” - “Eiffel Tower”/ € 8,307/ USD 11,289 per m²) and the southern Marais ( 4th arrondissement, € 7,951/ USD 10,806.20).

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