TOULOUSE PROP­ERTY GUIDE

Group Mer­cure di­rec­tor Anne de la Sauzay on where to buy in the city

French Property News - - Location -

OLD QUAR­TER

The area en­cap­su­lat­ing St-eti­enne, Carmes and Ozenne is char­ac­terised by its 17th and 18th-cen­tury man­sions in pink bricks, with some beau­ti­ful in­ner court­yards or pretty gar­dens. There are also very nice fam­ily apart­ments. It’s the neigh­bour­hood of choice for Toulouse fam­i­lies, so prop­er­ties for sale are rare and sought af­ter. Bud­get: €4,000-€5,000/m²

TOWN­HOUSES WITH GAR­DENS

Les Chalets, Les De­moi­selles and Le Busca ar­eas are char­ac­terised by 19th-cen­tury town houses with court­yards or gar­dens. Bud­get: Around €1m and above

FOR IN­VESTORS

Buy­ing rental prop­er­ties like a stu­dio or a three or four-room apart­ment that can be rented out to stu­dents is a wise in­vest­ment. Good ar­eas are the city cen­tre, St-eti­enne and Com­pans Caf­farelli. Bud­get: €3,600-3,800/m²

FAM­ILY-FRIENDLY

The Côte Pavée area is pop­u­lar with fam­i­lies be­cause it’s close to the city’s main pri­vate schools. The mod­ern houses have less char­ac­ter than those in the old quar­ter, but the gar­dens are gen­er­ally larger and of­ten have a swim­ming pool. Bud­get: €300,000-€1,200,000

RE­TIRED PEO­PLE

For easy ac­cess to shops and ser­vices, you can’t beat the old quar­ter or the city cen­tre. Capi­tole and the area around Rue d’al­sace-lor­raine are very pop­u­lar. Park­ing and lifts are of­ten rare in the old quar­ter but more eas­ily found on the larger boule­vards. Bud­get: €3,400-4,300/m²

COM­MUTERS

Choose neigh­bour­ing villages like Balma, Tourne­feuille and Plai­sance-du-touch to avoid the tail­backs of the ring roads. Bud­get: €600,000-900,000

€870,000: Ground-floor apart­ment with base­ment in an his­toric house in the St-eti­enne quar­ter, with four bed­rooms, ter­race and garage (groupe-mer­cure.fr)

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