Nice Capital on the French Riviera quoted second most expensive real estate market in France

Nice Capital on the French Riviera quoted second most expensive real estate market  in France
Far behind Paris, the capital of the French Riviera with more than 4,000 per square meter became the second highest level of the costs of the old real estate in France. 4.115 € / m 2 is the average price recorded for acquiring an old home on the Nice Côte d'Azur metropolis . This is the second highest total, far behind Paris (€ 6,940 / m 2 ), but ahead of Bordeaux (€ 3,997 / m 2 ) and Lyon (€ 3,888 / m 2 ). Prices that are above the national average (3.731 € / m 2 ) and contrast sharply with other urban centers in the country. For the Brest, Rouen and Nancy metropolis, it is necessary to count respectively 1.808 €, 2.200 € and 1.903 € per square meter. The differences in size can be explained in particular by the prices of older apartments, which are higher in the central city than elsewhere in the metropolis. 4.300 € per square meter in Nice In the image of Bordeaux Métropole, which includes 28 municipalities spread on the banks of the Garonne, and where there is a premium of 17% between the world wine capital and the rest of the metropolis. If the increase in Paris prices compared to the 137 municipalities that complete the metropolis of Greater Paris has a peak of 40%, this premium goes down - to be between 5 and 6% - in cities such as Nancy, Rennes or Rouen. The city of Nice, which has an average price of 4.300 € / m 2, is slightly above the metropolitan average (4.115 / m 2). Logical results since the capital of the Riviera represents in terms of population nearly 65% ​​of the totality of the metropolis. The low cost of real estate that is found in Valdeblore, Lantosque or Gilette does not weigh much in the balance. Source : https://tribuca.net

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