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The property market in Neuilly-sur-Seine in 2021

The property market in Neuilly-sur-Seine has several unique qualities, including its accessibility and exclusive lifestyle. This privileged living environment makes it a particularly attractive and sought-after city to buy an apartment or an exceptional house.

An accessible town

Neuilly-sur-Seine offers residents an exclusive lifestyle and can be accessed via metro (Line 1) and the RER C train (Porte Maillot Station). Its many green areas lend the town a rural feel; in fact, it boasts more than 27 hectares of public greenery (squares, parks, sports facilities, roadways, green spaces etc.) Saint James’ Park is a green oasis extending over 1.8 hectares in the town centre. The Bois de Boulogne, which serves as a “green lung” and leisure area, just a stone’s throw from the Place du Marché, also makes Neuilly-sur-Seine a particularly attractive place in which to live.

A town that is reinventing itself

The area around Avenue Charles de Gaulle, a major artery in Neuilly-sur-Seine, leading into Paris, is reinventing itself. The “Allées de Neuilly” project is transforming the avenue through the creation of green, leafy side-streets. One of the aims of this vast project, which should be completed by 2024 is to reduce noise and air pollution along this busy road and reshape the landscape - a scheme that may make purchasers keen to invest in bricks and mortar in Neuilly-sur-Seine.

High prices

Neuilly-sur-Seine’s property market is particularly dynamic. According to the Notaires du Grand Paris, the average price per square metre for older properties is Eur 10,360, making the town almost as expensive as Paris where the average price per square metre stands at Eur 10,730. The prices here are high compared to the average price in Hauts-de-Seine where the cost per square metre is Eur 6,510.

Buying a flat in Neuilly-sur-Seine

There are many flats for sale in this town, from split-level apartments with stunning views of La Défense and the Eiffel Tower to garden properties and flats in Haussmann buildings. These properties attract potential purchasers looking for exclusive properties, with the price varying depending on the location and amenities. The flats in the centre, near place Winston-Churchill, are highly sought-after. They are even more popular if they have outdoor space (terrace, balcony, or garden) which, since lockdown, has become an essential criterion for buyers.

Buying a house in Neuilly-sur-Seine

There is constant demand for property in Neuilly-sur-Seine and sometimes not enough available properties on the market, creating upward pressure on prices. Houses are rarely available for less than 2 million Euros, depending on their size and location. Buying a house in Neuilly-sur-Seine, or a townhouse is a dream for purchasers looking for space, greenery, and an exclusive address near Paris.

When you buy a property in Neuilly-sur-Seine you are choosing to live in an exclusive setting and prime location, surrounded by spacious Haussmann flats and exceptional townhouses.

If you want to buy or sell a flat in Neuilly-sur-Seine, please call upon the expertise of our Engel&Völkers luxury real estate agents who will be able to help you at each stage of your project.

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