Immoblier in Paris, the 19th arrondissement, welcoming land
The 19th becomes the preferred district of Parisians ready to do anything to own a property in the capital without breaking the bank: "Young people who can no longer find accommodation in the center or the west go to the eastern districts.Among them , it is doing well, "says Thierry Delesalle, Parisian notary.It is that the district is to date one of the cheapest in the capital with an average price estimated at 8,413 euros/m² according to MeilleurAgents."But make no mistake," warns the notary.Prices are soaring in this district.In one year, they have increased by 8.9%.This is one of the biggest increases in Paris."
For fifteen years, real estate agents have witnessed a transformation of the population.The very popular former 19th arrondissement is in turn the victim of a massive gentrification movement: "We have a lot of buyers from the Marais, from the 16th or 10th and 11th arrondissements.Often, they have just sold their 40-m² to finally obtain an 80-m² by using the result of the sale as contribution, "observes Rudy Harosch, director of the agency Orpi optimum gestion What to make inflate the prices considerably, in particular in the most coveted locations: "In the district, there is not a triangle but a square of gold: the Buttes-Chaumont, the Botzaris plateau, the basin of La Villette, and the Loire and Seine quays.Prices range from 9,000 euros/m² to sometimes 11,500 euros/m², especially near the Buttes-Chaumont where transactions over 10,000 euros/m² are more and more common, ”he adds.
Posted Date: 2020-07-17