The Chamber of Notaries interdepartmental Tuesday presented a study on real estate. Before the arrival of the E line, the effect tram is already in Toulouse.
The Chamber of Notaries interdepartmental presented on Tuesday showing the property in 2009 in Haute-Garonne. "Buyers are more anticipated arrival of the underground line B in Toulouse that the tramway. However, work on line E is beginning to have an effect on property prices ", explains Philippe Pailhes, notary at Toulouse.
Increasingly, the construction of the tramway in fact interested buyers. The Chamber of Notaries moreover observed price increases of 1% in the area of the racecourse, while almost everywhere else in Toulouse, the value per square foot is down.
"An apartment costs an average of 7% less than in 2008 in Toulouse," said Michel Farges. Even if the neighborhoods near a station on line B have lost some of their value in 2009 - "mainly because they were overvalued at the arrival of the subway," says Philippe Pailhes - evolution prices in ten years to beat all records.
Thus, the price per m2 of old apartments in the neighborhood Izards Lalande fell 7% in 2009, but jumped 319% in ten years. A house in the former is sold on average 301 400 euro, not far ahead of the residential area of Côte-Paved, where the average price is 335 800 euros. The Saint-Exupery-Lespinet not served by subway and tram future, loses, in 2009, 18% on the price per m2 for an apartment old.
The Chamber of Notaries interdepartmental presented on Tuesday showing the property in 2009 in Haute-Garonne. "Buyers are more anticipated arrival of the underground line B in Toulouse that the tramway. However, work on line E is beginning to have an effect on property prices ", explains Philippe Pailhes, notary at Toulouse.
Increasingly, the construction of the tramway in fact interested buyers. The Chamber of Notaries moreover observed price increases of 1% in the area of the racecourse, while almost everywhere else in Toulouse, the value per square foot is down.
"An apartment costs an average of 7% less than in 2008 in Toulouse," said Michel Farges. Even if the neighborhoods near a station on line B have lost some of their value in 2009 - "mainly because they were overvalued at the arrival of the subway," says Philippe Pailhes - evolution prices in ten years to beat all records.
Thus, the price per m2 of old apartments in the neighborhood Izards Lalande fell 7% in 2009, but jumped 319% in ten years. A house in the former is sold on average 301 400 euro, not far ahead of the residential area of Côte-Paved, where the average price is 335 800 euros. The Saint-Exupery-Lespinet not served by subway and tram future, loses, in 2009, 18% on the price per m2 for an apartment old.
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