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Boulogne Billancourt

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Real estate insights for Boulogne Billancourt

AspectSummary
Population121,000 (approx.)
Average Property Price€5,200 per sqm (approx.)
Rental Yield3.5% (approx.)
Average Rent€1,300 per month (1-bedroom)
Occupancy Rate90% (approx.)
Capital Growth Rate4-6% per annum (historical average)
Property Tax€1,000 - €2,000 annually (varies by property)
Transaction Costs7-10% of purchase price
Expected ROI5-7% per year (including capital growth)
Economic Growth ImpactStable economy, proximity to Paris boosts demand

Boulogne Billancourt FAQ

  • What factors influence real estate prices in Boulogne Billancourt?

    Several key factors influence real estate prices in Boulogne-Billancourt, a suburb located just southwest of Paris. The proximity to the capital plays a significant role; properties within a 10-minute walk from the Metro or RER stations can command prices upward of €6,000 per square meter, while those further away may drop to around €4,500 per square meter. The neighborhood's appeal is enhanced by its green spaces, such as the Parc de Billancourt and the Seine’s banks, which attract families and promote higher property values. Additionally, the presence of quality schools and services contributes to demand, with areas near the Lycée Louis de Broglie seeing price premiums. Economic factors, such as the increasing popularity of remote work, have also impacted the market; properties with home office potential have observed a price surge of about 10% over the last year. Finally, ongoing developments, including the Grand Paris Express project, promise improved transport links, further driving interest and speculation on real estate values.

  • How has the real estate market in Boulogne Billancourt changed over the years?

    Over the past decade, the real estate market in Boulogne-Billancourt has experienced significant transformations, characterized by a marked increase in property values and demand. In 2012, the average price per square meter for residential properties hovered around €4,200, whereas by 2022, it surged to approximately €6,200, representing a nearly 48% increase. This upward trend can be attributed to various factors, including improved infrastructure, with the extension of the metro line and enhanced connectivity to Paris, as well as the influx of families and young professionals attracted by the area’s amenities and green spaces. Notably, new developments like the “Les Passages” project have also contributed to revitalizing the neighborhood, offering modern apartments that cater to the market's evolving preferences. Furthermore, the rental market has seen parallel growth, with average rents increasing from about €1,200 per month for a two-bedroom apartment in 2010 to around €1,700 in 2022, reflecting the growing appeal of Boulogne-Billancourt as a desirable living destination close to the capital.

  • What is the average price per square meter in Boulogne Billancourt?

    As of 2023, the average price per square meter in Boulogne-Billancourt typically ranges between €5,000 and €7,000, depending on the exact location and type of property. For instance, properties situated near the Seine or close to the Boulogne town center often command higher prices, sometimes reaching up to €8,000 per square meter. In contrast, areas further from the main commercial hubs may see prices closer to €4,500 per square meter. A recent analysis indicated that modern apartments, particularly those with amenities and in new developments, are more likely to exceed the average, while older buildings may fall below this range. Additionally, as Boulogne-Billancourt is highly sought after due to its proximity to Paris and quality of life, the demand continues to maintain higher pricing compared to other suburban regions.

  • Are there any specific neighborhoods in Boulogne Billancourt with higher property values?

    Boulogne-Billancourt, located just west of Paris, has several neighborhoods with notably higher property values. The area around the Parc de Billancourt, for instance, boasts some of the priciest real estate, with properties often averaging around €8,000 to €10,000 per square meter. Similarly, the vicinity near the Seine River, particularly close to the Pont de Saint-Cloud, also sees elevated prices, commonly ranging from €7,500 to €9,000 per square meter. In contrast, neighborhoods further from the river, such as those near the Boulogne Park, tend to have lower values, averaging between €5,500 and €7,000 per square meter, but still reflect the overall desirability of the area. The area around Avenue Jean-Baptiste Clément and Avenue du Général Leclerc also demonstrates a mix of high demand, where property prices can reach around €6,500 to €8,000 per square meter depending on proximity to amenities and public transport.

  • How do property prices in Boulogne Billancourt compare to neighboring areas?

    Property prices in Boulogne-Billancourt are notably higher than in many neighboring areas, reflecting its status as a desirable residential location near Paris. As of late 2023, the average price per square meter in Boulogne-Billancourt is around €6,500, compared to €5,000 in nearby suburbs like Issy-les-Moulineaux and €4,800 in Meudon. Some prime locations within Boulogne can even reach upwards of €8,000 per square meter, particularly in sectors close to Parc des Glacières or its waterfront along the Seine. In contrast, properties in neighboring areas such as Billancourt are priced lower, with averages dipping to approximately €5,500 per square meter. Overall, the disparity illustrates a significant premium placed on properties within Boulogne-Billancourt compared to adjacent regions.

  • What types of properties are generally more expensive in Boulogne Billancourt?

    In Boulogne-Billancourt, properties that are generally more expensive tend to be spacious family apartments and upscale villas, particularly those with three or more bedrooms. For example, luxury apartments in the area can reach prices of €8,000 to €12,000 per square meter, especially when they feature amenities like balconies, modern finishes, and views of the Seine. Detached houses with gardens, especially in sought-after neighborhoods such as the area around Parc des Glacières, can see prices upwards of €1.5 million. Additionally, properties near the metro stations, particularly in zones 2 and 3, tend to command higher prices, often exceeding €10,000 per square meter, reflecting their desirability for commuters. In contrast, older buildings may be more affordable, but those with recent renovations and historical charm also see a bump in value, sometimes reaching up to €9,000 per square meter.

  • What amenities or features can increase the value of a property in Boulogne Billancourt?

    Amenities and features that can substantially increase the value of a property in Boulogne-Billancourt include proximity to public transportation, high-quality schools, and green spaces. Properties located within a 10-minute walk from the Boulogne-Billancourt metro stations, such as Marcel Sembat or Billancourt, can command a premium of 15-25% compared to similar properties further away. Access to reputable schools, like the Lycée International de Saint Germain-en-Laye, attracts families and can elevate property values by around 10%. Furthermore, properties that offer outdoor spaces, such as private gardens or proximity to Parc de Billancourt, can see values increase by 5-15%. High-end features like modern kitchens and energy-efficient installations can add an additional value of up to 10%, making the property more appealing to buyers looking for sustainability and comfort.