Cities to invest in
Dec 23, 2025
3 minutes
Investing in rental real estate in the 1st arrondissement of Paris means targeting a rare, prestigious, and highly sought-after market. Between the Louvre, Les Halles, Palais-Royal, Tuileries, and Châtelet, the 1st district concentrates culture, major institutions, transport links, and exceptional heritage. The arrondissement is small, very central, and almost entirely built up, making it one of the most stable and highly valued markets in Paris. For an investor, it is a purely asset management strategy: very low vacancy, international demand, lasting value.
Why invest in rental real estate in Paris 1?
A prestigious, historic district sought after by an international clientele
Paris 1 attracts a CSP+ and international population: executives, expatriates, luxury profiles, consultants, young high-earning professionals, and sometimes master's students seeking an exceptional location. The proximity to iconic monuments such as the Louvre, the Tuileries, and the Palais-Royal enhances its global appeal.
The neighborhood life is vibrant around Rivoli, Étienne-Marcel, and Saint-Honoré, blending culture, premium shops, restaurants, and pedestrian spaces. This centrality creates a strong rental demand, very high-quality, with tenants willing to pay a high price for a prestigious address. For an investor, it is a market where quality and location determine everything.
High prices driven by structural rarity
The 1st is one of the most expensive districts in Paris: prices range from 13,500 to over 20,000 €/m² depending on the streets. The areas around the Louvre, Saint-Honoré, and the Palais-Royal reach the highest levels, while some areas near Châtelet offer slightly more accessible levels (11,000–13,000 €/m²).
This structural rarity—very few properties, very few annual sales—creates a market where value remains extremely stable. For an investor, it is an absolute heritage sector: an asset in Paris 1 retains its value, appreciates gently but surely, and remains in demand for rental year-round.
A rental demand driven by CSP+ profiles and the exceptional centrality
The 1st attracts many tenants working in the surrounding neighborhoods: Opéra, Saint-Honoré, Palais-Royal, the luxury headquarters, or the business hubs of the right bank. Renovated studios near the Halles or Rivoli are rented in a few days, while premium two-bedroom apartments are sought after by consultants or CSP+ couples.
Family apartments find tenants in the few quiet streets around the Palais-Royal or the Tuileries, but demand there is more selective. For an investor, the key lies in quality: a renovated property stands out instantly, while an outdated dwelling will have more difficulty asserting itself.
An ultra-central, stable market that is very insensitive to economic cycles
The location of the 1st—the administrative, cultural, and commercial heart of Paris—makes it extremely resilient. The neighborhood remains attractive even during periods of economic slowdown, thanks to its central function, its institutions, and its international attendance. The rental demand remains stable and high-quality.
The low turnover rate of the housing stock helps protect prices and maintain a high level of demand for available properties. For an investor, this stability is a major asset: few districts offer such long-term visibility.
In the first project, Beanstock assisted Damien with a 12.6 m² studio, optimized in every detail for renting. Once the renovation was completed, the project shows solid performance: 4.2% net return and 8.9% return on invested capital!
The best neighborhoods in the 1st for a rental investment
Palais-Royal – Saint-Honoré: absolute prestige and high-end demand
Around Palais-Royal and Saint-Honoré Street, the atmosphere is elegant, calm, and very Parisian. The old buildings and characterful apartments attract a high-end international clientele, often on long stays or working in luxury. Renovated two-bedroom apartments are in extremely high demand.
For rental investment, this is the most prestigious sector of the 1ᵉʳ: high prices, but qualitative and stable demand, nearly non-existent vacancy, and exceptional property value.
Louvre – Rivoli: total centrality and strong demand from young professionals
The areas around the Louvre and Rivoli benefit from unparalleled accessibility. Young professionals working in tech, agencies, or luxury headquarters are looking for modern housing in immediate proximity to public transport. Studios and renovated two-bedroom apartments rent out very quickly.
In terms of investment, it is a high-performing micro-sector: high rental pressure, international demand, rapid but qualitative turnover. Renovated properties are particularly competitive here.
Étienne-Marcel – Les Halles: dynamism, mobility, and strong attractiveness of small spaces
The Étienne-Marcel – Les Halles sector is one of the liveliest and best-connected areas of Paris. Young professionals, digital executives, expatriates, and advanced students appreciate its centrality, shops, and transport. Renovated studios rent out in just a few days.
For an investor, it is one of the most profitable micro-sectors of the 1ᵉʳ (given its very high price) due to extreme rental pressure. Well-renovated properties ensure visibility, minimal vacancy, and high rents.
Châtelet – Pont Neuf: a central sector that is slightly more accessible
Around Châtelet and the Pont Neuf, the atmosphere is dynamic, youthful, and very central. Tenants appreciate the exceptional mobility and the proximity of many metro lines, the RER, and shops. Renovated two-bedroom apartments are particularly sought after by young professionals in the CSP+ category.
For an investor, this sector represents a more accessible entry point into a very elite market. The prices, slightly lower, allow for a more consistent price-rent ratio than in the ultra-premium areas of the 1st.
What to remember about the 1st arrondissement
Paris 1 is a rare, prestigious, and highly sought-after arrondissement. Its centrality, international appeal, structural rarity, and premium sociology make it an ideal market for a heritage rental investment. The renovated properties stand out distinctly, attract solvent tenants, and maintain lasting value.
Also discover