Real estate prices in major French cities
Capitole, Carmes, Saint-Etienne: frozen market
- Old apartments: 5,000 – 6,500 € / m2
Cold snap in the golden triangle of Toulouse, from the Carmelites to the Capitol, via Saint-Georges! The phenomenon is as rare as it is real to be underlined. The crisis has given people in Toulouse desires elsewhere. Result: bourgeois apartments, located in these sought-after addresses, no longer find tenants, especially if they do not have an exterior. “The summer has been more than calm, and these exceptional properties that we usually sell in a month are totally shunned by our customers in favor of large properties outside the city”, notes William Pilons, Managing Director of the Mercure Immobilier group in Toulouse. The same goes for Marie-Céline Chavanne, who runs the Sotheby’s International Realty agency in Toulouse. “Newcomers to the region only want to hear about the countryside, but prices don’t go down in the city center, because vendors prefer to wait. “ As for the rare possessions of an exterior, they always sell for a high price… Like this 130 m duplex apartment2, with a charterhouse and – supreme luxury – a garden of 100 m2, near the Capitol, sold for € 7,000 / m2.
Prices, credits, trends: all you need to know about the real estate market in 2021
Borderouge, Faubourg Bonnefoy: time for reason
- Old apartments: 2,000 – 3,500 € / m2
- New apartments
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