Barnes opens an agency in Toulouse
Barnes recently opened an agency at 46 rue du Languedoc, in Toulouse. “The qualified employment market brings in new buyers every year,” explains Thibault de Saint Vincent, President of Barnes. “In order to respond more precisely to this new demand for the sale-acquisition of high-end goods, we have chosen to open an office in Toulouse”, within the fourth French urban area behind Paris, Marseille and Lyon with 1 , 3 million inhabitants, including 470,000 for the city-center.
“For 15 years, the job market has been dynamic, allowing the city to attract 10,000 new inhabitants each year, including executives with high purchasing power”, comments Hadrien de Belle, director of Barnes Toulouse. Proof of this strong demand: the number of buyers is 11% higher than the number of properties for sale, a very high real estate tension index.
In Toulouse, the average price of a high-end property in the city center is around € 6,500-7,000 / m². “The prices are comparable to the purchase of a prestigious property in Nantes and up to 15% cheaper compared to Bordeaux or Lyon”, he adds.