Real Estate of Greater Paris: an unexpected list of 20 cities where it is good to live … and invest

This is not just another list of cities where you can invest in real estate in Greater Paris. This is also not a version of the Ile-de-France ranking of cities and villages in France where life is good. The observatory just opened by Fnaim (National Federation of Real Estate Agents) of Greater Paris on the attractiveness of real estate in almost 300 cities in Greater Paris * is unprecedented.

However, the tool traditionally crosses data on real estate prices. But, a new fact, each city on the basis of data passes on a sieve 11 additional criteria allowing to estimate its attractiveness. These data are objective and of poor quality, according to the authors of the observatory and published by official sources (Insee, ministries, town hall statistics, etc.).

“The aim of this new observatory,” commented Olivier Princival, vice-president of the Fnaim du Grand Paris, “is to provide a tool based on the rating criteria of each municipality of Greater Paris to determine, according to future buyers or tenants, where to live and where it is easier.” buy there to settle. »

From the point of view of methodology, 12 criteria are used: the price of housing, its quality (rate of central heating equipment, age and area of ​​housing, etc.), safety (physical violence, property damage, crime.), Health (number of general practitioners per 100 population, number of hospital beds per km², etc.), education (nurseries, colleges, secondary schools, etc.), public transport (metro, RER, bus, travel time home / work, etc.), environment, green area per capita , changes in car use, etc.), commerce (number of shops every 100 meters, etc.), employment (unemployment rate, etc.), culture (museums, theaters, stadiums, gyms, etc.), income and, finally, local taxation property).

Multicriteria interactive map

Each of the criteria is assigned a score from 1 to 10, then weighed by the coefficient. It should be noted that to establish the price of real estate, the observatory is based on the average housing price for each municipality. This is determined by multiplying the price per m² by the average living space in each of the cities. “This avoids the trap associated with the presentation of the price of mine, which does not reflect the average purchase or average cost of goods in the city,” – said the Observatory.

As for the selected cities, and for Paris, each district is considered a separate city. In addition, for the whole rating, the price factor was isolated from the criteria to understand its impact and correlation with the attractiveness of the municipality. And thanks to the interactive map, which is already available on the Internet, you can search for a municipality with or without housing prices, by the criterion of attractiveness or by combining three criteria out of twelve. The map also shows real estate agencies that are members of La Fnaim du Grand Paris (www.fnaim-grand-paris.fr), and shows public transport lines (metro and RER).

Villages of 91 and 78 years

The original design of the indicator mixes maps of the cities of Greater Paris, which traditionally lead in this type of rating for the attractiveness of real estate. In the TOP-20 Observatory, which identified cities with both housing prices and housing prices, the big winners are fairly small towns, often villages of character, located in the second ring. Parisian (see illustration).

For example, Millie-la-Faure in Essonne, in the Gatineau Regional Nature Park, receives the Golden Palm Branch with the best result out of 297 cities in the real estate price ranking. He is still in third place, if we exclude the price criterion. Similarly, Bouanville, another village of characters in Essonne, ranks third, and in Ivelin, the charming village of Montfort-l’Amory, ranks 5th.e place this Top 20. Note that in the category of the largest cities, Versailles has a good score, 5th place out of 20, in the ranking without prices, and is still present in the TOP-20, but in 17th place, if we take into account the price criterion.

Paris districts, such as the 6th, 8th, 5th, 9th, 2nd, 3rd and 4th, are very well represented, except for the housing price criterion. It should be noted that they are also often punished by the criterion of “safety” due to the number of complaints in places where there are many tourists (museums, etc.).

* A study of 297 cities of льle-de-France, with the exception of the Seine and the Marne (77). Data on average real estate prices for apartments (Fnaim and Insee at the end of April 2022).