Paris - The city centre ranks highest, Paris property prices are now stagnating.

On the Right Bank, the securest spot is still the Eighth arrondissement, with an average price of €8,540 per square meter. However, in the golden triangle formed by the avenues des Champs-Elysées, Montaigne and Georges V, a square meter can reach and even exceed €14,000 for large apartments in carved stone buildings.

The price rise is particularly visible in the historic centre with its old luxury buildings (up 7% over a year), and is sustained by international buyers looking for a Paris “pied-à-terre” on this micro-market where there is little on the supply side. These propsects tend to have their eye on small apartments with plenty of character where transactions start at €8,000 per square meter and rise to €12,000!

The top spot on the Right Bank is the heart of the Marais, a favourite luxury destination for customers who prefer this side of the river.

They also go for the area between Concorde and Palais Royal, and the small Montorgueil village neighbourhood with its pedestrian-only roads.

Also worth a closer look are the Carreau du Temple, now well-equipped with shops and schools, as well as a nice little square.

On the Left Bank, the Fifth arrondissement much appreciated by parents in search of Paris’ best high schools has experienced the highest price rise in the capital at nearly 11% over the last twelve months and now posting an average price per square meter of €9,220. “This area attracts because of its small number of family homes in beautiful historic buildings,” says Richard Tiberghien.

Some properties sell at up to €12,000 per square meter in the Panthéon- Luxembourg area.

The same goes for the Sixth arrondissement which has the highest rating in the capital with a rise of 8.6% over the past twelve months and an average price of over €10,400 per square meter. These prices are driven by its size (Paris’ smallest arrondissement), the quality of its real estate heritage, and its typically Parisian addresses - Saint-Germaindes- Prés forever, the generous surface areas in Saint-Suplice, and the good schools and universities in the Vavin/Notre-Dame-des-Champs area.

The neighbouring Seventh arrondissement sells on average at €9,660 per square meter. Its main assets are the Champ-de-Mars area and its vast apartments with a breathtaking view of the Eiffel Tower, the Alexander III bridge and Les Invalides, which start selling at €15,000 per square meter!

More affordable is the Gros- Caillou district with lesser quality real estate but now being rediscovered for its many shops, its village atmosphere and good schools.

Outside this inner circle of highly-valued and expensive properties, the Ninth and Tenth arrondissements are worth checking out. They cost less, with average prices per square meter at €6,730 and €6,260 respectively. They also enjoy the key advantage of being close to major railway stations, especially the Gare du Nord that brings Paris close to London by Eurostar.

The Twelfth arrondissement cannot offer this but it can ship all these folk to the beaches of the French Riviera by TGV from its Gare de Lyon. It is also near the Bois de Vincennes whose schools are still popular with families. Homes sell on average at around €6,600 per square meter.

Which is far higher than in the Thirteenth, one of the few arrondissements in the capital where you can actually find new building schemes. They cost on average €7,500 per square meter without a car park, and rise to €9,000 per square meter as you get closer to Parc Montsouris.

Moreover, where this park stretches into the Fourteenth, it is bordered by beautiful residential neighbourhoods, particularly little Montrouge, with its village atmosphere, quiet streets, and shops. Prices average at €6,154 per square meter.