To have a larger accommodation in Toulouse, it would be better to rent than to buy: here’s why
By Thibaut Calatayud
Published on
A Toulouse, to rent offers to have greater than if one buys. This is announced by the SeLoger Group in a study on real estate in cities with more than 30,000 inhabitants, unveiled on Thursday March 24, 2022.
Larger rentals in Toulouse
The purchase of real estate has significant advantages (avoid paying rents in lost funds, build up assets, prepare for retirement, etc.). But according to this study, if the real estate markets generally (more than one in two cities) give the advantage to buyers, in terms of living space, there are exceptions.
This is particularly the case of Toulouse, which is one of the 44% of cities where renting allows you to have more. According to the study, Toulouse tenants with a living area greater than 18.5 m² on average, compared to owners.
The Pink City is also in the top 10 of cities where, if you want larger accommodation, it is more advantageous to rent rather than buy (for monthly payments of 1,000 euros).
How to explain it?
In these cities, like Toulouse, where renting allows you to have more space, “the gain in surface area varies between 1 and 35 m²”, indicates SeLoger.
“This shift in the purchasing center of gravity towards localization is explained not only by high selling prices (especially in large cities, in the Paris region and in the south of France), but also by an imbalance between strong demand and too rare goods, more marked on the transaction market than on the rental market”.
The price per m² jumps in Toulouse
If you plan to buy in the Pink City, be aware that the price of real estate is climbing. For old apartments, the price per m² even jumped by 5.8% over a year. The median price per m² now stands at €3,210 In Toulouse.
To find out the price per m² per district, please consult our complete article by clicking here.
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