In Fontainebleau, despite the drop, real estate prices are still too high in 2024

In Fontainebleau, despite the drop, real estate prices are still too high in 2024
In Fontainebleau, despite the drop, real estate prices are still too high in 2024

The fall in real estate prices continues its course in Fontainebleau in 2024, at -8.3% for apartments and -3.1% for houses. The sales prices are respectively 4,256 and 4,694 €/m2. With its exceptional heritage, its Grandes Écoles (Insead) and university campuses (Ecole des Mines, IUT -Est Créteil, Sciences-Po), the royal city with its prestigious past has become a student city with an average rent of 15.1 €/m2. But although prices have fallen by 8% over two years, activity is weak. “Prices are still 10% too high,” recognizes Thibault Kara, from Mon Chasseur Immo.

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The 3 things to remember about real estate prices in Fontainebleau in 2024

-8,3 % : Evolution of the sale price of an apartment over one year.

4 256 €/m2 : average selling price of an apartment.

15,1 €/m2 : average rent for an apartment.

Investors are present in Fontainebleau. A 25 m² studio can be purchased for 120,000 euros and rented for 600 euros. Daïnée Maurice, from Espaces Apolitiques, explains that « demand mainly comes from families leaving Paris or the nearby suburbs to settle in a house with a garden, either close to the city center and the International High School, or near Avon station. » In the city center, a 130 m² house on three levels, renovated with a 100 m² garden, was sold for 600,000 euros. “The average price of a house is around 4,500 euros per m²”, estimates Marie de Saint Périer, of the Barnes agency. Elsewhere, ” we gain in surface area, at 3,500 euros per m²”, concludes Thibault Kara.

© Copyright: Prices and Real Estate Price Index (IPI) Best Agents at 1is November 2024

Belgium

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