Find your new life
Bordeaux, the wine capital of the world and the pearl of the southwest, continues to charm with its peaceful lifestyle, its economic dynamism and its French art of living. A rapidly expanding city, Bordeaux attracts many new residents every year, who come in search of the sun, proximity to the sea, without leaving the effervescence of a big city.
In this article, we will look at the Bordeaux real estate market in 2024, current prices, market trends, and the most sought-after areas for sustainable investment.
The Bordeaux real estate market remains attractive despite a slight deceleration in price increases observed in recent years. In the 2nd quarter of 2024, for the first time in almost 3 years, the market recovered, thanks in particular to the fall in interest rates.
The city is particularly popular with French people looking to settle in a medium-sized city, and by foreigners, especially British, Belgians and Dutch, attracted by the gentle way of life, the proximity to the sea, and the quality of the health services.
Bordeaux is also a preferred destination for those looking to acquire a second home in the heart of the vineyards or near the Atlantic coast. With its diversity of properties ranging from Haussmannian apartments in the historic center to modern villas in its suburbs, Bordeaux appeals to a varied clientele.
Property prices in Bordeaux vary considerably depending on the district. In 2024, the average price per square meter is around €4,600. Here is an overview of the prices in different districts:
The historic city centre, particularly the Chartrons and Saint-Pierre districts, remains one of the most popular and expensive. However, opportunities exist in developing areas such as Bastide, on the right bank of the Garonne, or in outlying districts such as Mérignac and Pessac.
Les Chartrons: This historic and lively district, once the district of wine merchants, is now one of the most fashionable in Bordeaux. Its cobbled streets, art galleries and restaurants make it a popular place to live for young executives and expatriates.
Saint-Pierre: The historic heart of Bordeaux, with its picturesque squares and listed monuments, remains one of the most sought-after areas for those who want to experience the very essence of the city. Close to shops and quays, this district attracts investors looking for properties with authentic charm.
Caudéran: This vast residential area, often nicknamed the "Neuilly of Bordeaux", is popular with families for its green spaces and renowned schools. There are mansions and modern villas with large gardens, only a few minutes from the city center.
La Bastide: Located on the right bank of the Garonne, La Bastide is in the midst of a revival. Thanks to its direct access to the historic center via the Pont de Pierre and its new real estate projects, this district is attracting more and more buyers looking for more affordable prices.
Saint-Augustin: Close to hospitals and universities, Saint-Augustin is a quiet and residential neighborhood, ideal for families. With its small houses and quiet streets, it combines proximity to services and quality of life.
Bordeaux remains an exceptional city for investing in real estate, whether for a primary residence, a second home or a retirement project. Its pleasant living environment, its quality services and its international reputation make it a must-see destination. With prices still reasonable in some areas and investment opportunities in rapidly developing neighborhoods, 2024 could be the perfect time to consider buying real estate in Bordeaux.
Photo: Ana Real Estate on Green acres
