Issy-les-Moulineaux: neighborhoods that will take off with the Greater Paris
4 September 2017
Already well connected to Paris by line 12, Issy-les-Moulineaux will be even better served by transport networks in a few years with the works of Greater Paris.
Formerly a working-class town, near the former Renault factories, Issy-les-Moulineaux has grown immensely in the middle of the past decade and many neighborhoods have been completely renovated. Already well connected to Paris by line 12, Issy-les-Moulineaux will be even better served by transport networks in a few years with the works of Greater Paris. The city attracts many young executives and their families, thanks to the presence of many corporate headquarters - Coca Cola, AccorHotels, Sodexo, Microsoft or La Poste for example.
Transactions have increased significantly, all neighborhoods combined (+ 30% in one year according to Christophe Vermesch, of the agency A residence). Prices are also growing strongly. An apartment today costs on average 7.176 euros per square meter, up 7.8% over one year, according to Best Agents. But price differentials are very important: between 4,992 and 9,744 euros per square meter, according to the same source. "The vast majority of goods are sold with very little negotiation. There are many more sales at the price than before, "said Alexandre Gameiro of the local agency Century 21.
The areas around the two subway stations on line 12 - Mairie d'Issy and Corentin Celton - are the most chic and expensive. "Many new programs, some of which are of very high standing have been created in recent years with prices ranging from 8,000 to sometimes 14,000 euros per square meter. They helped pull prices upwards, "explains Christophe Vermesch.
The Val de Seine / Les Arches district, located around the city's headquarters, is also highly sought after by managers. Near the RER C - which leads quickly to the heart of the capital - and the tram, which serves the business district of La Défense, this area has high quality recent buildings.
Greater Paris: a growing transport network
Line 12 will be extended by a station that will serve Issy RER, near the Place Léon Blum. The route of the future line 15 of the metro will pass through Issy-les-Moulineaux. Two stop points are planned for 2022 on the territory of the commune: Issy RER, in line with line 12 and line C of the RER and Fort d'Issy-Vanves-Clamart.
The REC C is already passing through the two Issy and Issy-Val de Seine stations and the tramway through the three Issy-Val de Seine, Jacques-Henri Lartigue and Les Moulineaux stations connected to the Porte de Versailles.
The Ile-Saint-Germain district, with its riding club and a few top-notch houses (one of which was designed by designer Philippe Starck) is an exceptional figure in Issy-les- -Mx. "Its island character is very sought after by a population that is either provincial or quite bobo, which has nothing to do with the rest of the city. Prices are close to those in the city center. Can not buy a house for less than one million euros, "explains Christophe Vermesch.
Then comes the Farm district, in the extreme west of the city, with more modest and relatively stable prices. Quite suburban and rather far from the metro, it is the neighborhood closest to the old Renault factories, where a large working population lived.
Les Hauts d'Issy will be much better connected
The Hauts d'Issy, although in full development, remain the least-rated neighborhoods of Issy-les-Moulineaux. As the name suggests, they are relatively high and are still poorly connected to Paris by public transport. But these areas should be the most to be valued in the coming years with the arrival of the new stations and metro lines of Greater Paris. "We only really feel for a year this upward anticipation of the neighborhoods that will be better served with Greater Paris. Some developers are starting to buy small buildings, land, or some investors - for many Parisians - buy small surfaces, but the phenomenon is just beginning, explains Christophe Vermesch.
Source: Prix Issy-les-Moulineaux by MeilleursAgents.com
Les Hauts d'Issy are actually composed of several rather different micro-neighborhoods. First the Fort (towards the Commune of Clamart) and further west the district of the Rodin Park have the coast with a clientele looking for lower prices than those in the city center. At the Fort, an apartment of 76 m² on the 2nd floor was recently sold 580,000 euros (7,631 euros per m²) by Century 21 while a 35 m² on the first floor left for 240,000 euros (6,857 euros per m²) in the neighborhood of park Rodin. Conversely, the Epinettes district, with its towers sometimes 20 floors, does not enjoy a good