A much more marked orientation in Corsica, orin lAnd real estate market, already under pressure for several years, is bearing the brunt of the arrival of these new residents and blame Furthermore a new boom in the purchase of second homes, even if already in 2020 the INSEE showed that these represent one in three properties on the island.
Lower ownership rate
In fact, becoming an owner in the main cities of the island now requires a solid budget, as noted by Meilleursagent.com, an online real estate valuation specialist. According to the site’s estimates, it tops the basket of island cities where the purchase of an apartment is more cher, we thus find theFar South with Porto-Vecchio where the square meter averages € 4995, against € 4528 in Bonifacio. P.far behindAndPropriano sees its average steady at around 4,257 euros. Balagne is no less with € 4410 in Calvi and € 4317 in Ile Rousse. And then of course the Ajaccian region, with € 4136 in the imperial city and even € 4294 in Bastelikaccia. Bastia for its part is much lower in the ranking, with an average of € 2940 per square meter. Front these figures, it is not surprising that INSEE noticed Already in 2018, Corsica is the provincial region where the home ownership rate is among the lowest and where this indicator is progressing least. In fact, according to the institute, barely one in two families own their main residence on the island, while the average is 60% elsewhere in France.
4000 new buildings in 2021
At the level of new construction, INSEE reveals that in 2021 there was a sharp recovery in housing construction permits. A figure that is up by 27% compared to a disturbed year 2020, but which still does not return to pre-crisis levels. the year past with S.to have in all these are 4000 constructionsS. of new ones that were thus authorized on the island, of which 2,700 in the territory of Upper Corsica alone. The organization also points out that the stock of new housing made available sale it is the weakest since 2010 on the island, with only 1050 units at the end of 2021.
gold rents
The rental market on the island also has dwhat palesr low salaries. Looking at the ads, we see that in the center of Ajaccio or Porto-Vecchio it is difficult to find a studio apartment for less than € 600 that this is not, however, rented within the school year, while the average in Bastia is just below 500 €. At the level of three roomsprices hit record levels aOftent more than 1,000 euros in Ajaccio, an average of 900 euros in Porto-Vecchio or around 800 euros in the Bastia region. An increasingly worrying upward trend, especially when we know that Corsica is the poorest territory in mainland France, with almost 20% of its population living below the poverty line.
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