This residential sector is much sought after for its houses, private mansions and balconied apartments, and competes successfully with the neighbouring 16th arrondissement of Paris proper. This due to its quiet atmosphere and the quality of its services. “Boulogne has a lower population density and can offer a better quality of life than the capital, even though it is only next door,” explains Jean-Pierre Braun, of the Château estate agency.
“Buyers who choose Boulogne like the village ambiance and the woodlands of the town’s northern neighbourhood.”
In this luxury sector, real estate prices are similar to those in Paris.
“Demand focuses mainly on properties of 160 to 180 sq. m.,” says Jean-Pierre Braun. “Prices range from €1.7 to 2 million for a quality property away from the noise. Above a surface area of 180 sq. m., houses tend to sell for €2 to 4 million.” However, near the gates of Boulogne, Roland-Garros stadium, the Edmond-de-Rothschild park, in avenue Robert- Schuman or rue Gutenberg, prices of prestige properties are dropping slightly. “Although fine houses are going fast,” warns Jean-Pierre Braun, “they must be structurally sound, well sited and with no facing properties.” A town house of 230 sq. m., with a small 100 sq. m. garden sold for €2.5 million.
And a six-room with a surface area of 190 sq. m. and a garden, is going for €1.77 million.
These types of properties are mostly found in small streets or cul de sacs, and offer generous living space. A garden or balcony is an unquestionable asset in this prestige segment.