If the new housing represents a significant opportunity in a sector in which the new real estate market is losing its strength, the fact remains that the requests to buy these apartments designed to house athletes from all over the world have not been massive.
Promoter Icade which originally launched sale of 240 of these houses for €7,500/m², it had to lower its prices to attract more investors, bringing it down to €6,900/m². However, it seems that buyers are not in a hurry at the moment, which can be explained mainly by the still unfavorable situation for buyers, rising interest rates and unverified requests by banks.
Vinci has also opened hostilities and is offering for sale 174 apartments located in the athletes’ village. price between 6,000 and 7,000 €/m². Most of them are T3 and T4 apartments, which are also difficult to find buyers, since around sixty houses are still for sale, even though marketing began in June 2023. Not to mention that Vinci will eventually offer another hundred apartments.
A third developer, Natixis, has not yet started promoting its housing, which will also be located on L’Île-Saint-Denis.