PriceHubble unveils the map (and price) of terraces in Paris!
After several months of confinement and for those who wish to stay in the capital while benefiting from an outdoor space, PriceHubble has carried out an in-depth analysis of the real estate offers published in Paris during the last 12 months (32,478 offers published on the main real estate portals (for individuals and professionals) between April 30, 2019 and April 30, 2020, in Paris).
Which districts have the highest proportion of properties with a terrace? What are the construction years that most often offer some outdoor space? But above all, how much does it cost to afford a small balcony or a large terrace in Paris?
Location: aim for the 16th and 15th arrondissement
Over one year, the 16th arrondissement tops the Parisian arrondissements for which apartments with a terrace or balcony have been published on the market. The 15th and the 17th complete this top three.
On the other hand, if we look at the proportion of apartments with a terrace or balcony for each arrondissement, buyers will have the best chance of finding their happiness in the 15th (where 31% of the advertisements published have a terrace or a balcony), 16th (28% of ads) then tied for 12th and 19th arrondissement (26% of ads).