BARNES, leading real estate agency in the luxury real estate market in Lyon, presents a detailed report on the upmarket real estate market in Lyon, trends and prospects for 2018.
The Lyon market in 2017 by BARNES
In 2017, BARNES made nearly € 80 million in transactions in Lyon, a figure that has more than doubled compared to 2016, proof that the high-end real estate market in Lyon is dynamic. The average price of completed transactions is around € 1 million.
In the continuity of 2016, BARNES observed an increase in real estate prices in Lyon of 8%. They have exceeded the symbolic threshold of 5000 € / sqm:
- 2016: € 4,664
- 2017: € 5,034
High-end market trends in Lyone
Two arrondissements are particularly popular. They are the 2nd and 6th districts of Lyon with respectively € 5,221 and € 5,327.
Price records have even been recorded for exceptional properties at 7000 € / sqm at popular addresses such as the Boulevard des Belges, Place Bellecour or even at Croix-Rousse.
The upmarket rental market in Lyon
For a year, our real estate agency BARNES has developed the prestigious rental in Lyon.
We are seeing a rapidly changing market with high demand for high-end goods from a demanding foreign or Parisian clientele. The profiles are business leaders, sportsmen or senior officials.
The average rent in 2017 is more than 15 € / sqm. Prices range from 12 to 24 € / sqm
The average rent is 3000 € for 200 sqm
The most sought-after areas are the Presqu'île, Lyon 6 and West Lyon.
Horizon for the prestigious real estate market in 2018
The context is favorable to the development of the Lyon real estate market in 2018:
- The economic and political context in France
- Growth forecasts in France and Europe
- Interest rates should remain stable over the beginning of the year
- The Lyon market is still tense with a strong imbalance between supply and demand and a low stock level.
At BARNES, Q4 2017 activity remained very strong and foreshadowed a growth of more than 50% in the number of high-end real estate transactions in Lyon.
Our best sales 2017
- A family apartment in Presqu'île
- A bourgeois apartment Place Bellecour
- A roof terrace apartment in Lyon 3
- A property in the Monts d'Or
- A contemporary house in Écully
® Studio Erick Saillet