These two towns have many brownfield sites that are being replaced over time by housing, offices, shops and community facilities. There is also Pantin, for the same reasons. The city is already benefiting from the interconnections planned as part of the three Greater Paris metro lines. The most popular at the moment, driven by many new real estate developments, is undoubtedly Saint-Ouen.
RUE JEAN MERMOZ RUEIL MALMAISON FULL
Some cities bordering Paris have not reached the full potential of their location. They have dense transport links to reach the heart of Paris in less than twenty minutes: Colombes, Rueil-Malmaison, Garche, Meudon, Clamart, or Châtillon. Among them, there is the major part of the Hauts-de-Seine municipalities which do not reach Paris. That is to say between 4,500 and 6,000 euros per square metre. But next door, there is a whole series of towns whose prices are almost half as expensive. This puts their real estate markets under pressure. They have the same difficulties: a lack of land. Of course, there are municipalities such as Neuilly-sur-Seine, Levallois-Perret, Boulogne-Billancourt, Vincennes, Saint-Mandé, Charenton-le-Pont, Montrouge, or Issy-les-Moulineaux, where the price per square metre is close to Paris. More than ever, this inner suburb offers great potential. Here, the price increase appears to be more contained between 4.3 and 5.2% depending on the town. Conversely, in the inner suburbs, sales increased by +6% over the same period. It is true that the price per square metre in the capital should end 2019 with an increase of 7%, to nearly 10,300 euros. As a result, sales increased by only 1% in the third quarter. However, financial conditions remain very advantageous with credit rates hovering around 1% depending on the terms and profiles of the borrowers. An overview of these attractive municipalities.Īt the end of September 2019, the Parisian real estate market was running out of steam. While it is difficult, but not impossible, to buy in Paris, several municipalities bordering the capital offer great opportunities.
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