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Paris Real Estate +


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2013 Jan 1, 12:08am   19,048 views  51 comments

by David9   ➕follow (0)   💰tip   ignore  

Bon Jour,

Just got back from Paris and recovering from jet lag and thought I would post my vacation tourist observations.

1.) Paris real estate is expensive. (Duh, I know.) At least in the Latin Quarter, did not speak with any Realtor but any stroll will usually accompany an old fashioned window of paper real estate listings. Didn't see a Studio for less than 225K Euros and small two bedrooms went for 685k Euro plus. Sorry, no Versailles available in this price range.

2.) Paris rentals are reasonable. Again, from store front listings, many apartments available from 650 Euros to 1000 Euros in a decent area.

3.) Call me crazy, many dark windows in these apartment buildings, sure, it's Paris, they could be 2nd homes.

4.) Other notables, the food is wonderful and fresh, the people like to dress fashionably, everyone uses the metro, taxis are available but not anything like New York, it's easy to get lost as the streets are a collection of star shapes, and there are no 24 hour shops.

5.) For whatever reason, no one was rude to me and I found the French rather friendly actually. Just start with a formal greeting and everything is ok. Noticible difference if the formal greeting is forgot or omitted.

#housing

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28   Peter P   2013 Jan 3, 5:27am  

http://www.hoteltroiscouronnes.ch/pictures/media/Hiver_menus_2012.pdf

Even now, a whole tasting menu costs about $80 to $125, about on par with San Francisco.

29   bubblesburst   2013 Jan 3, 5:27am  

Peter P says

Where in Switzerland? We stayed in Vevey and it was not that bad.

We were in Zurich, Bern, Lucerne, Lugano, Geneva, Lausanne.

Peter P says

http://www.hoteltroiscouronnes.ch/pictures/media/Hiver_menus_2012.pdf

Even now, a whole tasting menu costs about $80 to $125, about on par with San Francisco.

Yes, but the difference is in most major cities including San Francisco there are plenty of places that have affordable food. You can eat healthy and good in San Francisco for very cheap. That really isn't the case in Zurich. Unless you go to a Migros type supermarket (which granted had surprisingly decent food), it's really hard to eat affordably in Switzerland in the major cities like in the USA or most other major cities in Europe.

In Paris where were MANY places to get great food that wasn't too expensive.

30   Peter P   2013 Jan 3, 5:33am  

Ah, all the banking and tourism centers.

31   David9   2013 Jan 3, 5:33am  

Can't speak for Switzerland, but my friend and I stopped off for pizza in the Pigalle district (Yes, the naughty adult district), ground beef and goat cheese for 9 euro and it was delicious! We were amazed.

Other culinary delights was a crepe to die for, Grand Marnier and Orange, also for 9 Euro, any cafe (coffee) is delicious, and a 20 Euro French plate of meats and cheese where the portion was so large I had to use my own plastic bag to take the remaining home. My French friend at the time said they don't do take home bags.

32   Peter P   2013 Jan 3, 5:36am  

Did you visit Lake Como when you were at Lugano?

33   bubblesburst   2013 Jan 3, 5:36am  

Absolutely David! We ate really really well in Paris. Yes, we did hit some expensive restaurants and cafes but there are some great bakeries. We LOVED going to the bakery each morning and buying fresh bread and there were many places where you can buy meat and cheese plates. Delicious!

Man, few things beat having Coffee outside on one of those beautiful French Cafes. I've been to Paris many many times but usually only for a week or so. Staying there a month was really great.

34   bubblesburst   2013 Jan 3, 5:38am  

Peter P says

Did you visit Lake Como when you were at Lugano?

Yes. Absolutely gorgeous. I've been to Lugano a few times. It's one of my favorite cities in the world. It was the first time I took my wife and kids there. Just a gorgeous city. We took the train from Milan to Zurich and it's a beautiful ride.

I highly recommend Lugano to anyone.

35   David9   2013 Jan 3, 5:40am  

bubblesburst says

We LOVED going to the bakery each morning and buying fresh bread

Heaven. Even the Hotel had Fresh Bread delivered daily for their breakfast. Such a treat from all those preservatives.

Last night I was dreaming of Paris in my sleep all night!

36   Peter P   2013 Jan 3, 5:40am  

Food in London has improved greatly. Those bankers do have some contribution to the society.

37   bubblesburst   2013 Jan 3, 5:49am  

So true David! The bread there is incredible. We loved living like locals and carrying fresh bread back to our apartment each morning or at the end of the day. I don't think I ate so much bread in my life than that month. LOL.

It's great seeing everyone carrying loaves of bread under their arms. There are several bakeries on almost every corner. We stayed in the 7th and LOVED it. We walked about 5 or 6 hours each and every day. Everywhere is so beautiful in Paris.

Peter, so true about London. We typically go to London every year or so and things have improved greatly in the food department. I used to think food in London was expensive with the Sterling but Zurich made everywhere else seem cheap.

38   bob2356   2013 Jan 3, 5:51am  

Peter P says

Ah, all the banking and tourism centers.

Exactly. I've been going there since 92 and Switzerland had always been very, very expensive. Paris is expensive also, as is most of the south of France, especially Provence, in the summer. Go to the south of France outside the school holidays you will find the prices, service, and experience far different.

It's a shame that so many people here said they visited Paris. France is such a great place outside of Paris, which I generally avoid other than going to the airport. Going to Paris and the Riviera is like going to NY and the Jersey shore. Interesting but not terribly representative of the rest of the country.

39   Peter P   2013 Jan 3, 5:52am  

Yeah, GBP has fallen against CHF.

Indian food in London has always been good anyway.

40   EBGuy   2013 Jan 3, 6:07am  

Bringing this back to Bay Area real estate -- the last time I was in Paris (almost a decade ago) was through an informal (not through a website) home exchange. We were located in an apartment in the Montmartre district. The local patisserie was great for morning treats to go with our coffee. A local did corner us once in the the neighborhood grocery store to express his displeasure with George Bush (all in French, including pantomime machine gun with sound effects).
Home exchanges are a cost effective way to see another city, and, at times, blend in with the locals. This is another plus for BA real estate, as people in other metropolitan areas want to visit here and are willing to do exchanges.

41   Peter P   2013 Jan 3, 6:09am  

Worried over liabilities.

42   David9   2013 Jan 3, 6:17am  

bubblesburst says

Everywhere is so beautiful in Paris.

Another small, beautiful slice of Paris..

43   Entitlemented   2013 Jan 3, 8:18am  

With a new Socialist President, and higher taxes, is there any home price reductions due to people trying to get rid of middle - upper pay homes to pay the extra tax?

44   David9   2013 Jan 3, 8:20am  

Entitlemented says

With a new Socialist President, and higher taxes, is there any home price
reductions due to people trying to get rid of middle - upper pay homes to pay
the extra tax?

Wouldn't that be wonderful? ;-)

45   New Renter   2013 Jan 3, 10:13am  

EBGuy says

A local did corner us once in the the neighborhood grocery store to express his displeasure with George Bush (all in French, including pantomime machine gun with sound effects).

Probably a bad time to order a basket of freedom fries...

46   B.A.C.A.H.   2013 Jan 3, 2:32pm  

David9 says

no one was rude to me and I found the French rather friendly actually

Yep, that was my observation in 1985 and in 1993. The second time, with toddler. French were very friendly, everywhere we went in Paris and all over the country. Even though we ONLY spoke English. If they talked derisively in their language behind our backs, who cares? if they were so friendly to our faces.

47   Peter P   2013 Jan 3, 2:43pm  

I love Corsica. The people are especially friendly.

48   David9   2013 Jan 4, 3:24am  

B.A.C.A.H. says

Yep, that was my observation in 1985 and in 1993.

I would go back again, this time, more hang out time..

Peter P says

I love Corsica. The people are especially friendly.

A facebook friend of a friend from Corsica took the time to show me around Paris for 2 days, some sites, how to use the subway, all because he just liked showing off Paris. Yes, Very Nice!

49   B.A.C.A.H.   2013 Jan 4, 3:56am  

SiO2 says

The worldwide prevalence of English makes travel relatively easy. It would be difficult for someone speaking only Spanish, Russian, or Chinese.

Yep.

You reminded me of when we were touristing in Kyoto, seeing the Chinese young lady tourists and the Japanese cop struggling to communicate in English about which tram those two should take.

50   sam1   2013 Jan 8, 4:30am  

Paris RE prices are due for a good correction, 10-20% within the next couple of years. There has been a long and big runup in prices over the last decade.

As far as the food, it is possible to eat very well on a budget in Paris. A lot of good local bistros have table d'hotes (2-3 course menu) for under 20€, then you have creperies, traiteurs (takeout/caterers), sandwiches and DIY picnic fares (hams, cheese, packaged salads etc). And of course, wine, bread and pastries are cheap and often of stellar quality. Another thing is that price listed include taxes and service, so the menu prices in euros are roughtly the same as a menu prices back home.

51   David9   2013 Jan 8, 4:41am  

sam1 says

(2-3 course menu) for under 20€,

You're choice of 10, 12, or 15 Euros for Lunch.

You're choice of 16, 18, or 20 Euros for Dinner.

Three Course meal, examples include Salmon Salad, Warm Goat Cheese Salad, Garlic Lamb, beef bourguignon, Chicken in Wine Sauce. For Dessert, Caramel Creme, French Ice Cream, or Cake.

sam1 says

stellar quality

My eating habits have changed since I got back, checking out small markets, etc. Everything tastes bland..

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