New housing: prices are rising in Île-de-France, with Paris in the lead

Patrick Martinez
Patrick Martinez
Fondateur de Parlez-moi de Paris

The price of new real estate is currently tending to rise in Île-de-France and especially in Paris. If at the beginning of the year, Paris experienced a slight surge, a strong increase is really being felt at the moment. In general, this increase is mainly due to increased demand. All cities and boroughs are affected by this change. In general, the price per m² exceeds 10,000 euros everywhere. The details about it.

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Paris, at the top of the most expensive city-departments

Real estate prices have declined over the last three years. However, in Paris, the dynamism of demand and the reputation of the city - thanks to international exchanges - have led to an increase in the price of new real estate. The sales there are really fruitful for investors. Small areas are the most coveted, especially those with less than 3 rooms; especially in the 13th, 14th, 19th and 20th districts. In addition, mortgage rates are falling. Combined with the advantages of the Pinel system, this represents a real bargain for those who want to invest in the sector. It is also interesting to start now in Paris to benefit from a successful investment. Quickly perform a mortgage simulation on http://www.moncreditimmobilier.net/nos-simulateurs/ to get an overview of your repayment capacity in order to be able to finance your investment projects.

The other most expensive cities after Paris in Île-de-France

Recently, various localities have seen a rise in new home prices following Paris. There are, for example, the cities of Hauts-de-Seine. The city of Boulogne-Billancourt has an average investment of 600,000 euros. There is also the city of Issy-les-Moulineaux with more than 550,000 euros. Afterwards, we also count the city of Levallois-Perret with around 530,000 euros. The same is true for the city of Puteaux with an average of about 460,000 euros. For investors, attractive rental returns are within reach in these areas. Whatever the type of housing offered in this territory, it is not very difficult to find buyers or tenants.

Cities where new real estate is cheaper

While there are several cities where the price of new real estate is becoming more and more expensive, in some cities in Île-de-France, the upward trend does not yet exist. If we refer to the town of Trappes in the Yvelines, a 3-room apartment costs around 170,000 euros or more. The same is true with other cities such as Montfermeil in Seine-Saint-Denis or Vert-Saint-Denis in Seine-et-Marne. Within the threshold of more than 180,000 euros, we can distinguish the localities of Yvelines and again Meaux in Seine-et-Marne. This area is not attractive for investors. However, compared to other French regions, the prices there are interesting.

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