According to Meilleurs Agents, in the former Midi-Pyrénées, it is the department of Tarn-et-Garonne which prances in the lead in terms of increase in real estate prices. Over the past five years, prices have risen by 20.8%, which puts it just ahead of Haute-Garonne and its 20.3%.
“I prefer to be honest with you, for this one, we received an offer this morning, at the price. It’s true, we have very few goods coming in and in one or two visits they leave, but I I have confidence. With the budget you have, we can find you something great, well placed, with beautiful volumes and a beautiful view.” In his real estate agency, located between the Saint-Jacques church and the Natural History Museum of Montauban, Augustin Philip ends a conversation with a client.
“The view of Montauban has changed”
The real estate agent, who has specialized for four years in the hypercentre of Mautauban, is not surprised when he is told about an increase in real estate prices of around 20.8%, calculated by the real estate valuation site Best Agents, over the past five years throughout the department. “Twenty years ago, we had the reputation of being a disreputable city. Thanks in particular to the renovation work undertaken in the center, the look on Montauban has changed.”
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The city, located just 25 minutes by train from the Pink City, attracts Toulouse residents but not only: “We have more and more active people working in Toulouse because people realize that they will be there more quickly than living in the inner suburbs where they will have traffic jams every morning. But we also have a lot of Montalbanais in their fifties who are reinterested in their city prefecture. Here, the center is dynamic, they can do everything on foot and the countryside is at hand.”
Marjolaine, Montalbanaise for almost two years, does not deny: “When I arrived here for professional reasons, I was reassured to know Toulouse close, admits this former Parisian. In the end, I never go there! The offer in terms of shops and restaurants is rich. The town hall has invested in the renovation of the city center and it shows!”
An LGV effect
Owner for a year of a house located in the lower town, she is pleased to have bought last year: “We obtained our ‘Toulousaine’ at 1,500 € per square meter, which was, at the time , slightly below market prices. And I have noticed that since then prices have soared.” According to the Meilleurs Agents website, the average price in Montauban is currently around €1,795 per square meter.
But it is not only Mautauban that attracts future buyers. His crown is also very coveted.”At the moment, we have a real trend in the sector of Bressols and surroundings. The LGV effect surely because if we have always had requests for main residences, investors are arriving in the sector” , analyzes Laurent Sennavoine, manager of the Laforêt agency in Montauban.
Real estate agent in Montauban for more than twenty years, the expert notes a real tension between supply and demand: “Today, we sell everything. There is no place where we do not sell If the East of Montauban is always very popular for its proximity to the motorway and its easy access to Toulouse, the West is also sold.It’s simple, as soon as a property enters, it is acquired in a few days The buyer has no choice, he must position himself quickly.”
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