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Colomiers

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Real estate insights for Colomiers

AspectSummary
Population38,000 (approx.)
Average Property Price€3,200/m²
Rental Yield4.5%
Average Rent€850/month
Occupancy Rate90%
Capital Growth Rate3% per year
Property Tax€1,200 annually
Transaction Costs7% to 10% of property price
Expected ROI6% to 8% annually
Economic Growth ImpactModerate growth, driven by local industries

Colomiers FAQ

  • What are the average property prices in Colomiers?

    In Colomiers, the average property prices vary depending on the type and location of the property. As of late 2023, the median price for an apartment hovers around €2,700 per square meter, while houses average about €3,000 per square meter. For instance, a typical two-bedroom apartment might list for approximately €180,000 to €230,000, depending on its condition and proximity to amenities. In contrast, single-family homes are generally priced between €350,000 and €450,000, with larger houses in desirable neighborhoods potentially exceeding €500,000. Additionally, new developments and modern constructions tend to command higher prices, reflecting current market demands in the area.

  • How have real estate prices in Colomiers changed over the last year?

    Over the last year, real estate prices in Colomiers have experienced a noticeable increase. According to recent data, the average price per square meter for residential properties has risen from approximately €2,600 in September 2022 to around €2,850 in September 2023. This represents a growth of roughly 9.6%. Specific neighborhoods such as the Les Ramassiers area have seen an even more pronounced rise, with prices jumping from €2,500 to €2,750 per square meter. Additionally, the market for larger family homes has also tightened, with properties featuring four or more bedrooms now averaging close to €320,000, up from €290,000 a year ago. Furthermore, rental prices have followed a similar trend; a three-bedroom apartment that rented for about €950 per month a year ago now commands around €1,050, indicating a robust demand in both sales and rental markets.

  • What factors influence property prices in Colomiers?

    Property prices in Colomiers, a suburb of Toulouse in the Occitanie region, are influenced by several key factors. Proximity to public transport, such as the Colomiers train station, significantly impacts prices, with properties within a 10-minute walk often fetching a premium of around 10-15% compared to those further away. The average property price in Colomiers is approximately €2,800 per square meter, though newer developments, particularly close to amenities like shops and parks, can command prices upwards of €3,300 per square meter. The demand for family-friendly homes plays a role, as the town features several schools and recreational facilities, making three-bedroom houses especially desirable, with transactions in this category averaging around €300,000. Additionally, local economic conditions, such as employment rates and the presence of tech companies in the area, can also sway prices, with Colomiers experiencing growth thanks to its strategic position near the aerospace industry in Toulouse.

  • Are property prices higher in certain neighborhoods of Colomiers?

    Property prices in Colomiers vary significantly between neighborhoods, reflecting differences in demand, amenities, and proximity to transport links. For instance, in the highly sought-after area near the town center, prices can reach as high as €3,500 per square meter, primarily due to its accessibility to shops, restaurants, and public transport. Conversely, neighborhoods on the outskirts, such as La Salvetat, may see average prices around €2,200 per square meter, offering more spacious homes but fewer conveniences. Another notable area is the vicinity of the Parc de la Mairie, where homes typically sell for approximately €2,800 per square meter, largely due to the green space and family-friendly environment. In contrast, areas with ongoing development projects or those that are less established can have prices below €2,000 per square meter, attracting buyers looking for investment opportunities.

  • What type of properties are most commonly sold in Colomiers?

    In Colomiers, residential properties dominate the real estate market, with approximately 70% of sales comprising houses and 30% apartments. Typically, individual houses range from €250,000 to €450,000, with the average size being around 100-150 square meters, often featuring three to four bedrooms and gardens. On the other hand, apartments in Colomiers usually sell between €150,000 and €250,000, with most units offering 2 to 3 bedrooms and an area of about 60-80 square meters. Popular neighborhoods like Le Parc and La Pechieu see considerable interest, largely due to their proximity to local amenities and transport links. Additionally, there has been a noticeable increase in demand for newly constructed properties, which often come with modern features and energy-efficient designs, appealing to younger families and first-time buyers.

  • How does Colomiers compare to nearby towns in terms of real estate prices?

    Colomiers, located just west of Toulouse, displays a varied real estate market when compared to its neighboring towns. As of late 2023, the average price per square meter in Colomiers hovers around €2,500, which is notably lower than Toulouse's average of approximately €3,500. In Saint-Martin-du-Touch, a nearby suburb, prices are similar to Colomiers at about €2,600 per square meter, reflecting a growing demand but still remaining affordable. Conversely, in Blagnac, where the proximity to the airport boosts desirability, prices soar to around €3,000 per square meter. This disparity highlights the underlying factors influencing real estate, including transport links and local amenities, with Colomiers maintaining a more accessible market for buyers seeking affordable options relative to these nearby towns.

  • What is the price trend for rental properties in Colomiers?

    In Colomiers, rental properties have exhibited a steady price trend in recent years. As of late 2023, the average monthly rent for a two-bedroom apartment in Colomiers is approximately €900, which reflects a slight increase of about 2-3% from the previous year. Smaller units, such as one-bedroom apartments, typically rent for around €650 per month, while larger three-bedroom apartments can command prices nearing €1,200. The prices vary depending on the neighborhood; for instance, rentals near the town center or close to public transportation tend to be more expensive. In areas such as the Place de la République, the average rent for a two-bedroom can reach up to €1,000, compared to around €800 in more residential areas farther from the center. Additionally, there is a noticeable demand for rental properties, particularly among families and young professionals, which continues to impact rental rates.