One of the rarest micro-markets in Paris: a 17th-century garden, arcaded galleries, listed buildings. METROREALTY follows this district daily — our agency is 200 m from the garden.
At the centre of the 1st arrondissement, the Palais-Royal forms a world apart: a 17th-century palace, an enclosed and silent garden, bordered by three arcaded galleries — Montpensier, Valois and Beaujolais. A few steps away, the Louvre, the Opéra, rue Saint-Honoré. And yet, the moment you step under the arcades, the noise of the city disappears.
On the property side, this is one of the rarest micro-markets in Paris. The building stock is fixed: listed buildings, no land to develop, a number of homes virtually unchanged for generations. Each year, only a handful of transactions change hands — and demand, French as well as international, far outstrips the available supply.
METROREALTY knows this district from within: our agency is based at 18 rue Molière, 200 metres from the garden. We follow the buildings, the co-ownerships and the rare sales of the Palais-Royal continuously — including properties that will never appear on a portal.
Montpensier, Valois, Beaujolais: 18th-century arcades. The apartments overlooking them are among the rarest in Paris.
An enclosed, quiet park in the very centre. A view over this garden can strongly enhance an apartment — an asset only a few properties enjoy.
17th-18th century buildings, protected as historic monuments. Parquet, mouldings, period volumes — no new-build programme.
The Palais-Royal attracts a global clientele seeking a heritage pied-à-terre. This demand sustainably supports district prices.
Every street in the district has its own character — and its own market. These are the arteries our agents know building by building.
It runs along the garden and the Montpensier gallery. Narrow, tall buildings, some with a direct view over the Palais-Royal — among the most coveted properties in the district.
The shortest and most confidential. Bordered by the Beaujolais gallery and the Grand Véfour, it offers a few rare apartments with the atmosphere of a village.
Along the Ministry of Culture and the Valois gallery. A quiet, institutional street with well-kept buildings, prized for its serenity.
Montpensier, Valois, Beaujolais: living above the Palais-Royal arcades is a rare privilege. A handful of transactions a year, often off-market.
From the Comédie-Française to the BnF Richelieu. A lively, cultural artery, with Haussmann and older buildings, prized for principal residences.
The street linking the Palais-Royal to the Comédie-Française — and where our agency stands, at number 18. A discreet address, a few steps from the garden.
The Palais-Royal stock is dominated by studios and one- to two-bedroom apartments, sought-after as pieds-à-terre, and by a few family apartments of three to four bedrooms. Exceptional properties — duplexes, apartments above the arcades, larger surfaces with a garden view — are extremely rare and most often trade off-market. In so narrow a market, a valuation calibrated on real transactions in the street is indispensable.
“At the Palais-Royal, you do not buy a surface area. You acquire an address that time does not devalue.”METROREALTY — estate agency, 18 rue Molière, 200 m from the garden
The Palais-Royal market is narrow and discreet. Many properties never appear online. METROREALTY gives you access to its confidential portfolio, accompanies your viewings and negotiates for you to the closest price — including remotely.
View our properties for saleSelling a rare property calls for a fair valuation and controlled marketing. We value your apartment on the real transactions of the district and activate our network of qualified buyers — often before any public distribution.
Value my propertyThe median price per m² around the Palais-Royal stands at approximately €15,500/m² in 2025-2026, well above the average for the 1st arrondissement (around €12,100/m²). Apartments offering a direct view over the garden, or located above the Montpensier, Valois and Beaujolais galleries, frequently exceed €18,000 to €20,000/m². Smaller surfaces command a premium per m² owing to scarcity and international demand.
Yes, but such properties are extremely rare. Apartments above the arcades of the Montpensier, Valois and Beaujolais galleries are among the most sought-after homes in Paris: only a few transactions take place each year. These are listed buildings, with period volumes, often acquired as exceptional pieds-à-terre. METROREALTY, based 200 metres away, follows this micro-market continuously and gains access to off-market properties.
The Palais-Royal housing stock is dominated by buildings from the 17th and 18th centuries: apartments of character with parquet, mouldings, high ceilings and sometimes views over the garden. You will mostly find studios and one- or two-bedroom apartments sought after as pieds-à-terre, a few family apartments of three to four bedrooms, and rare exceptional properties above the galleries. New-build is non-existent: everything is heritage stock.
The Palais-Royal district is tiny and its building stock is fixed: no land to develop, listed buildings, a number of homes virtually unchanged for decades. Faced with this locked supply, demand — French and international — remains very strong, drawn by the garden, the calm and the prestige of the address. This structural scarcity supports prices and shortens selling times for fine properties.
It is one of the best in Paris. The Palais-Royal offers a rare setting: an enclosed, quiet garden in the very centre, a few steps from the Louvre, the Opéra and rue Saint-Honoré. For an international clientele seeking a safe, heritage-grade Paris pied-à-terre, the address is highly in demand. Value here is defensive: the district has never experienced a lasting decline.
Yes. The Palais-Royal estate and many neighbouring buildings benefit from protections as listed historic monuments and within the safeguarded sector of central Paris. Works affecting façades, joinery or common parts are regulated. Internally, renovation remains possible but must respect the period volumes and elements. METROREALTY advises its clients on these constraints before any purchase.
Buying from abroad is common at the Palais-Royal, one of the most international districts in Paris. METROREALTY supports American, British, Belgian and Middle Eastern buyers: video viewings, detailed survey reports, introductions to notaries and banks, signing by proxy. Our team speaks English, Spanish and Italian.
Yes. The METROREALTY agency is based at 18 rue Molière, about 200 metres from the Palais-Royal garden, in the 1st arrondissement. Founded in 2004, the agency knows the buildings, co-ownerships and streets of the district in detail — Montpensier, Beaujolais, Valois, Richelieu, Molière. This local presence enables continuous follow-up of a micro-market where every transaction counts.
Whether you are looking for a rare pied-à-terre or wish to sell in the district, METROREALTY knows every building of the Palais-Royal. An agent gets back to you within 24 hours.
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The METROREALTY agency of the 1st arrondissement: districts, team, roots on rue Molière since 2004.
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