The centrepiece of the 9th arrondissement is the magnificent Opera Garnier - a reminder of the glamorous "Gay Paris" nightlife that was once in this district, with theatres, restaurants, cafes, and dance halls, the better known ones being the Moulin Rouge and Folies Bergere. The area around South Pigalle (SoPi) is now a haven for the ‘ BoBo’ (Bohemian Bourgeois) avant-garde who are flocking to live in the 9th arrondissement of Paris.
Boulevard Haussmann is renowned for its department stores, the Printemps and the Galeries Lafayette and is one of the business and shopping hubs of Paris. To the north is the red light area of the Moulin Rouge, Pigalle and its music shops in the rue Douai. Although a vibrant, lively quartier, it is less sought-after by families wishing to live in the 9th arrondissement of Paris.
Trendy residential areas are growing around the Place St George and the rue des Martyrs, and avenue Trudaine has a lively market street and village atmosphere, making it a drawcard for artistic types looking to live in the 9th arrondissement of Paris.
Looking to invest in Paris 9th arrondissement ?
Opera offers many spacious luxury apartments although the noise factor can be a deterrent for those looking to buy an apartment in the 9th arrondissement of Paris.. Apartments around the Grands boulevards are more affordable but the area is bustling but can seem lacking in community spirit. Property prices around the Place St George, rue des Martyrs and avenue Trudaine are surprisingly high with spacious well maintained buildings and a mixture of 19th century, art deco and art nouveau architecture, making this up-and-coming area a popular choice for younger people looking to buy an apartment in the 9th arrondissement of Paris.
The mean price per m² in the 9th arrondissement is around 8 498€*, with price ranges varying greatly per area. The most expensive street being Avenue Frochot (12 603€) and the least expensive, Rue La Fayette (7 512€)*. The Chambre de Notaires de Paris notes that real estate prices here rose slightly by +0.1% in the first quarter of 2016, and had a significant increase +9.9% in the past 5 years. It continues to be a popular choice for people, especially in the younger demographic, looking to buy an apartment in the 9th arrondissement of Paris.