First published in November 2024
Updated on October 2025
Paris has always been a dream for many Americans, not just as a destination, but as a lifestyle choice, and increasingly, as a real estate investment. Whether you’re thinking of relocating to France or buying a pied-à-terre in the City of Light, the Parisian property market is offering new opportunities for those prepared to act strategically.
With the market stabilising after years of correction, is now the right time for Americans to buy property in Paris? Let’s explore what’s changed, where to look, and why US buyers continue to play a significant role in Paris real estate.
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Table of contents
Paris property market update
The big news? After a period of price drops and uncertainty, the Parisian real estate market has hit equilibrium. Prices are no longer falling, and in fact, have ticked up slightly by 1.1% compared to 2024.
- Average price per m² (2025): from 9,500 € to 9,560 €
- Lowest prices: Around 6,600 €/m² in the 18th arrondissement
- Highest prices: 15,000 €+/m² in districts like Saint-Germain-des-Prés (6th)
For Americans buying in Paris, this stability is welcome news. It signals a more predictable environment after the turbulence of 2022–2024.
Sales activity has also improved, up 5% year-on-year between May and July 2025. While still 9% below 2023 levels, the market is clearly moving again, albeit cautiously.
Mortgage rates have stabilised too, hovering around 3.1–3.5%, a drop from early 2024 highs. For cash buyers or those securing financing in euros, this creates a more favourable buying landscape.
> You might be interested in this article: Top 5 neighbourhoods in Paris for buyers
Why Americans are still buying in Paris
American interest in Parisian property remains strong, and it’s not just about lifestyle. With the euro still relatively weak against the dollar, favourable exchange rates make French property more affordable for US buyers.
Beyond the currency advantage, Paris offers:
- A deep cultural and artistic lifestyle
- Strong long-term value retention in key neighbourhoods
- One of the most stable luxury real estate markets in Europe
Where are Americans buying in Paris?
Prime arrondissements
If you’re looking for prestige and heritage, these districts continue to be top picks:
- 6th arrondissement (Saint-Germain-des-Prés): Elegant, historic, and incredibly central. Prices exceed 15,000 €/m², but properties here hold value.
- 7th arrondissement: Eiffel Tower views, embassies, and a residential feel with upscale cafés and boutiques.
- 4th arrondissement (Le Marais): Chic, bohemian, and full of historical character.
Up-and-coming areas
For buyers with a smaller budget or those hunting for growth potential:
- 10th & 11th arrondissements: Creative energy, nightlife, and increasing popularity among younger expats.
- 19th & 20th arrondissements: Still more affordable (around 7,000 €/m²), these areas offer larger spaces and a more local feel, ideal for long-term investment.
Investment potential: stability over speculation
The Paris property market is not booming, and that’s actually good news for long-term investors. After a sharp correction between 2022 and 2024 (when prices dropped 11–13%), 2025 is showing signs of calm, steady growth.
- Prices are forecast to rise +1–2% in 2026
- High-end and energy-efficient homes are commanding premiums
- The luxury segment (15€k+/m²) remains resilient, especially for atypical homes with character or views
If you’re an American considering buying in Paris, this is a moment where strategy matters more than speed. Prime areas remain a solid investment, while overlooked districts may offer room to grow.
What American buyers should know
Financing
Most Americans buying in France do so in cash, but French mortgage options are available, especially if you have euro income or dual nationality. Work with a broker who understands expat lending.
Legal requirements
French property law is not the same as in the U.S. You’ll need:
- A notaire (mandatory legal officer for property transactions)
- Time for due diligence (1–3 months from offer to final deed)
- A good understanding of capital gains tax, particularly if you’re buying a second home
📘 Planning to buy in France? Download our Free eBook Guide to Buying Property in France
> You might be interested in this article: 10 essential considerations for Americans relocating to France
Energy efficiency: The new dealbreaker
France’s Loi Climat (Climate Law) means that homes with poor energy ratings will become harder to rent or resell in the future. For buyers, this affects pricing, properties with strong DPE (energy) scores are more desirable and sometimes fetch a 5–10% premium.
If you’re buying a Paris apartment in an older building, be sure to review the DPE and factor in renovation costs if upgrades are needed.
Should you buy in Paris now?
If you’re a US buyer who:
✅ Has euros ready or favourable currency access
✅ Wants a long-term home or pied-à-terre
✅ Values culture, walkability, and lifestyle over speculative gains
…then the answer is likely yes.
The 2025 market is balanced. Prices have corrected, the dollar remains strong, and sellers are more open to negotiation, especially if you’re eyeing a home that needs updates or has been on the market for a while.
FAQs: Buying in Paris as an American expat
Is it legal for Americans to buy property in Paris?
Yes, absolutely. There are no restrictions on foreign property ownership in France.
Do I need a visa to own property in Paris?
No, owning property doesn’t grant you residency. If you plan to stay over 90 days, you’ll need a long-stay visa or residency permit.
Can I rent out my property on Airbnb?
Short-term rentals in Paris are heavily regulated. You can rent out your primary residence for up to 120 days per year, but secondary homes may need change-of-use authorisation.
Will I have to pay French taxes?
Yes. Property owners pay Taxe Foncière, and if you rent or sell, you may be subject to income or capital gains tax. Work with a tax advisor familiar with both US and French tax law.
Isabelle unlocks the secrets of the Parisian property market
In this episode of the Just Jump Podcast, we dive deep into the Parisian property market with expert Isabelle, from Limmobleu. If you’re considering a move to Paris from the US, this is a must-listen! Isabelle shares invaluable insights on why Paris’ limited growth keeps property values high and highlights the city’s unique charm that attracts investors worldwide. Discover why Americans are drawn to areas like the Left Bank and other high-end districts, and learn why these pricey spots offer stability and long-term investment potential. Isabelle also provides expert tips on finding a property that perfectly suits your expat lifestyle and preferences. Whether you’re looking to invest intelligently or find your dream Parisian home, this episode has all the information you need.
Final notes
For Americans in France, buying in Paris remains an iconic and emotionally rewarding decision, one that comes with the perks of daily life in one of the world’s most beautiful cities.
While you’ll need to understand local laws, tax implications, and market dynamics, the landscape in late 2025 is actually one of rare opportunity: stabilised prices, low interest rates, and a global city still in high demand.
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