An economically and demographically dynamic city
Close to the Pyrenees, the Mediterranean, and the Atlantic coast, Toulouse is ideally located in the South West of France. Capital of the Occitanie region, the pink city is the 4e French urban area behind Paris, Marseille and Lyonnais 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.
Despite the crisis in the aeronautics industry, prices have remained stable, and there have been sharp increases in sought-after areas such as those of Busca, Côté Pavée, Chalets or the hyper center.
A clientele made up of executives
In Toulouse and its surroundings, the majority of buyers are executives working in the fields of aeronautics, the food industry and medical research. In the pink city, the most sought-after properties are:
- The beautiful apartments of approximately 120-150 m² in the hypercentre, located in the Carmelites, Saint-Etienne or Saint-Georges districts. These are generally retirees leaving their large homes and want to have all amenities within walking distance who opt for this solution. ” We have also noticed that large apartments were less popular than before the health crisis. The boulevards are also neglected, too noisy buses and at the heart of repeated demonstrations », Observes Hadrien de Belle.
- Townhouses with a surface area of between 150 and 300 m² with garden and swimming pool (or swimming pool) in the areas of Busca as a priority, and of the Côte Pavée or Chalets if the offer does not correspond to your research. The budget allocated by families in the Busca sector is between 1 and 1.2 million euros and can reach 1.9 million but this is rare. “For properties over 300 m², there are few buyers on the market because they do not meet the needs of buyers and require an exceptional budget. He adds.
- Contemporary and old houses with character with swimming pool of around 1 million euros, on the slopes of the town of Vieille Toulouse, in the district of Lardenne or the town of Blagnac (near the aeronautical center) and in the town of Balma (near the aerospace center). This sector is appreciated by executives, liberal professions or business leaders working in Toulouse and seeking to settle in the countryside at a maximum of 30 minutes, for daily trips, or even more if the possibility of teleworking.
” The large properties linked to less than an hour from Toulouse, in the Tarn or the Gers for example, are appreciated by locals and Parisians. But also by a foreign clientele (Dutch and English). The acquisition of these goods is generally intended to become secondary residences ”, conclusion Hadrien de Belle.