• France's news in English
Where property prices have risen most in France
Photo: AFP

Where property prices have risen most in France

The Local · 31 Aug 2016, 17:25

Published: 31 Aug 2016 17:25 GMT+02:00

Facebook Twitter Google+ reddit

Buying property in Bordeaux is now more expensive than ever.

According to a study published on Tuesday 30th August by French website seloger.com, the capital of the Gironde region is the French city that has seen the greatest increase in prices this year.

On average prices of property in the south western city are up by 7.1 percent.

That means Bordeaux is now France's fourth most expensive city in which to buy property after Paris, Nice and Lyon. The average price of a property in the city is now up to around €3,571 per square metre which is higher than the average for the rest of the country, which is at around €3,292 per m2.

However, it is not just Bordeaux that has seen its properties skyrocket in price. Prices are up in over 80percent of towns and cities in France and they continue to rise.

Among the cities that have also seen the most significant rise in property prices are Strasbourg and Toulouse, where figures are up by around 4 percent.

READ ALSO: What's so brilliant about Bordeaux

So what's so bloody brilliant about Bordeaux then?

In the French capital, the most expensive city to buy property in, prices rose by around 1.2 percent.

In Lyon property prices roses by a slightly higher margin of 1.9 percent while in Marseille prices did not budge over the last year.

Staying on the south coast the cost of property in Montpellier rose by 2.1 percent and in Nice it shot up by 3.9 percent. 

But not all French cities are conforming to the trend, with some even seeing a dip in house prices. 

Story continues below…

Cities such as Rennes, Grenoble and Besancon have had their property prices decrease by between 3 percent and 5 percent over the year.

Generally, however, the property market in France is seeing price increases throughout the country. 

According Michel Mouillart, economy professor at the University of Paris-Ouest and spokesperson of LPI-SeLoger, who carried out the study, “the rise has sped up since the beginning of the summer and the pressure on prices continues to increase.”

Why Bordeaux has seen such a price rise:
Bordeaux is not just an aesthetically attractive city, but it boasts Unesco heritage as a town, is set to be ultra-connected thanks to a new high-speed train to Paris. 
The city even featured as one of the top ten cities in France in which to invest, according to Explorimmo. 


Facebook Twitter Google+ reddit

Your comments about this article

Today's headlines
France given wake up call as it bids for Brexit business
The business district 'La Defense' in Paris. Photo: AFP

France clearly has some work to do if it really wants to pinch business from the UK post-Brexit.

Mouth fun? French words you just can't translate literally
Do you know the French word for throat-support? Photo: AFP

Word of warning: Don't translate French literally.

How France plans to help its stressed-out police force
Yellow smoke rises around French police officers in Paris holding a banner reading "Solidarity with our colleagues, police angry". All photos: AFP

Could these measures stop the cops from protesting?

'3,000 migrants dispersed' after 'Jungle' clearance
Photo: AFP

While thousands of migrants have been bussed out around France, new ones are arriving all the time and thousands of others have simply been dispersed aid agencies say.

Fifteen of the most bizarre laws in France
Photo: Matthew Powell/Flickr

A must read for anyone who wants to stay on the right side of the law in France.

Medieval town in south of France upholds ban on UFOs
The town of Châteauneuf-du-Pape. Photo: Aa77zz/Flickr

Aliens take note.

American tourist dies at French Riviera sex club
The Riviera resort of Cannes. Photo: AFP

American tourist reportedly fell five floors after being pushed outside the underground sex club in Cannes.

Paris: 'Flying' water taxis to be tested on River Seine
Photo: SeaBubbles

An in Seine idea surely? But tests will go ahead.

France joins fight for rich pickings from post-Brexit UK
Photo: AFP/DcnH/Flickr

France tries to woo EU's bank regulator and other agencies.

How speaking French can really mess up your English
Photo: CollegeDegree360/Flickr

So you've mastered French, but now it's time to learn English all over again.

The annoying questions only a half French, half Brit can answer
Sponsored Article
Last chance to vote absentee in the US elections
Forget Brangelina's chateau - here are nine others you've got to see
The must-see French films of the millennium - Part One
How life for expats in France has changed over the years
Why Toulouse is THE place to be in France right now
Video: New homage to Paris shows the 'real side' of city
The 'most dangerous' animals you can find in France
Swap London fogs for Paris frogs: France woos the Brits
Anger after presenter kisses woman's breasts on live TV
Is France finally set for a cold winter this year?
IN PICS: The story of the 'ghost Metro stations' of Paris
How to make France's 'most-loved' dish: Magret de Canard
Welcome to the flipside: 'I'm not living the dream in France'
Do the French really still eat frogs' legs?
French 'delicacies' foreigners really find hard to stomach
French are the 'world's most pessimistic' about the future
Why the French should not be gloomy about the future
This is the most useful French lesson you will ever have. How to get angry
Why is there a giant clitoris in a field in southern France?
French pastry wars: Pain au chocolat versus chocolatine
Countdown: The ten dishes the French love the most
Expats or immigrants in France: Is there a difference?
How the French reinvented dozens of English words
jobs available