Prop­er­ties in the pink city

Find out why life is rosy for all gen­er­a­tions in this Haute-Garonne city and get the prop­erty low­down on who should live where, as Claire Win­ter­ton dis­cov­ers

French Property News - - Contents -

With a vi­brant mix of fam­i­lies, young cou­ples, re­tirees, stu­dents and even sci­en­tists, Toulouse is a mul­ti­cul­tural, multi-gen­er­a­tional melt­ing pot with much to of­fer ev­ery­one.

A jaunt around France’s fourth big­gest city of­fers bustling food mar­kets, a thriv­ing mu­sic and cul­tural scene, the tran­quil Canal du Midi and charm­ing ar­chi­tec­ture – of­ten fea­tur­ing the fa­mous pink brick that gives the city its nick­name La Ville Rose (the pink city). And all this comes with a great range of shops, bars, cafés and restau­rants.

Out of this world

This Euro­pean cap­i­tal for the aero­nau­ti­cal and space in­dus­try is a win­ning blend of sci­en­tists and stu­dents, be­ing home to Air­bus and an out-of-this-world space cen­tre (Cité de l’es­pace), along with one of the largest uni­ver­si­ties out­side of Paris.

The stun­ning Place du Capi­tole in the mid­dle of the city, with its strik­ing city hall and na­tional theatre, is the per­fect spot to in­dulge in some peo­ple watch­ing over a good café crème. When hunger strikes, head to Place St-ge­orges for some of the best restau­rants in Toulouse.

Pink pe­riph­ery

When it comes to prop­erty, many of the city build­ings – mainly apart­ments – are taken up by the rental mar­ket. A lot of ex­pats choose to live on the out­skirts to take ad­van­tage of the de­lights the city has to of­fer, while hav­ing an af­ford­able re­treat in the beau­ti­ful coun­try­side of the Haute-garonne.

Sarah Day, owner of prop­erty agency Maisons et Manoirs, says: “The Toulouse mar­ket is on the pe­riph­ery of our area but we are get­ting lots of clients who want to be a bit fur­ther away, who would like coun­try­side and lo­cal schools for their chil­dren. A huge num­ber of in­ter­na­tional peo­ple are com­ing to the area as a re­sult of Air­bus and its sub­sidiaries.

“The coun­try mar­ket here is ex­tremely ac­tive at the mo­ment. Prop­erty en­quiries have gone up con­sid­er­ably af­ter the Brexit vote and Em­manuel Macron’s elec­tion. Prices are still good in this area and prop­er­ties of­fer great value for money.”

Ex­pat com­muters

Toulouse’s big­gest sub­urb, Colomiers, to the west of the city but still within easy reach, is very pop­u­lar with ex­pats be­cause of the Air­bus fac­tory and in­dus­try sur­round­ing it, as well as its highly ac­claimed in­ter­na­tional school, says Sarah. “We are find­ing buy­ers who are will­ing to travel 30-45 min­utes to work in or­der to have a cheaper home and a bit more ru­ral­ity. All of our prop­er­ties are within about 10 min­utes of a mar­ket town with schools, shops, farm­ers mar­kets, banks and other ameni­ties.”

Anne de la Sauzay, Di­rec­tor of Groupe Mer­cure (Toulouse, Midi-pyrénées, Périg­ord), agrees that the western side is more suited to pro­fes­sion­als as there is more eco­nomic ac­tiv­ity, but she points out that the Laura­gais area, south-east of Toulouse, is also very pop­u­lar with ex­pats be­cause of the beau­ti­ful hilly land­scape.

How­ever, if it’s re­ally the city you’re af­ter, you’ll be up against tough com­pe­ti­tion to bag the per­fect prop­erty, says Anne. “The most sought-af­ter places are the charm­ing ren­o­vated apart­ments with a ter­race, a park­ing space and a lift. But it is rare to have all these fea­tures in the same home, so you have to make choices. What makes us fall in love with a prop­erty is very per­sonal, but don’t for­get the most im­por­tant cri­te­ria: lo­ca­tion. That’s why it’s very im­por­tant to be guided by a pro­fes­sional who will ad­vise you on the best ar­eas.”

Newspapers in English

Newspapers from UK

© PressReader. All rights reserved.