Living in Bordeaux: a luxury?

Soaring: this is the most appropriate term to talk about Bordeaux house prices. La Belle Endormie is becoming more difficult for newcomers to access, despite the construction of new housing units that are intensifying in the various areas of the city.

In one year, the price of real estate in Bordeaux has seen an explosion of 10%, which worries experts in the sector. Faced with a declining purchasing power, and an overall discouragement of potential buyers in view of the purchase price, the median income of Bordeaux would allow them, under “classic” conditions, to buy only a 40m2 dwelling for a family of four.

At issue is the modernization of the city and its status as a French Tech Metropolis. The imminent arrival of the High Speed Line which will make way for 2 hours from Paris, the modernization and rise in value of certain districts such as the Bassins à Flot, but also the increase of available places at the Port… The capital New Aquitaine attracts by its pleasant climate and is known for the quality of the higher education it offers.

Most new households are families, or young people, the inhabitants of these new buildings that are being built can enjoy local services such as schools, supermarkets, pharmacy, post office, … Everything is thought upstream to meet this need for proximity. Today, all areas of the city have these accesses, which largely limits the use of the car, as they are very easily accessible on foot or by public transport. The price of homeownership is affected…

The rise in house prices is expected to continue until at least this summer. The september season will bring with it the premise of the new face of Bordeaux. In this context, outside Bordeaux Metropole, the demographics continue to intensify: the municipalities closest to the Arcachon Basin, such as Mios, Gujan-Mestras, but also those of Libournais, where prices seem a little lower, are experiencing a real attractiveness.

Gradually, the heart of the girondin is redesigned.

Audrey Kozaczka – Bordeaux Business

For more information:

argent.boursier.com

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