2023-11-04 07:00:11
Créteil, the Palais district, buildings called “Les Choux” (architect Gérard Grandval). DANIEL THIERRY / PHOTONONSTOP / DANIEL THIERRY / PHOTONONSTOP
Buying in a less expensive city can be a strategy for households who want to carry out their real estate purchase project in a context of high interest rates. They invest in Créteil, instead of buying in Saint-Maur-des-Fossés or Joinville-le-Pont, more popular towns in Val-de-Marne. “Even if the market has calmed down a little, demand is still very dynamic”testifies Arnaud Marques, director of the Stéphane Plaza Immobilier agency, in Créteil.
Prefecture of Val-de-Marne, the city has a little over 90,000 inhabitants and offers the advantage of being served by the metro (line 8), but also by the RER A and the RER D. The city will In addition, see the arrival of the Grand Paris Express (line 15, Créteil-l’Echat stop) at the end of 2025. Its aim is to link different districts of the city and connect them with line 8 of the metro. “Créteil is an affordable and very convenient city, whether for public transport or access to the highway. Buyers come for this reason more than for the charm of the city”recognizes Clémence Bracq, Orpi real estate agent, in Joinville-le-Pont, who also works in Créteil.
The city, whose urbanization dates back to the 1970s, includes districts which are not always to the taste of the public, such as that of the prefecture with its slab and its towers. The emblematic buildings resembling cabbages, built between 1969 and 1974 by Gérard Grandval (1930-2021), are located there. “We must not forget the old village of Créteil, the banks of the Marne, the towpaths or even the tip of the lake and all the green spaces that the city has”retorts Etienne Szonyi, director of town planning and development for the city of Créteil.
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In any case, the city attracts and prices fall less than in other municipalities in Ile-de-France. It costs from 4,000 to 6,000 euros per square meter, with an increase of 0.8% over the past year, according to the Meilleurs Agents website. “In reality the market is rather bearish, we must count on a drop equivalent to that of Paris, or around 7%”, thinks Arnaud Marques. Many buyers have also reduced their budget and are moving towards small spaces of around 270,000 to 300,000 euros, sometimes skipping a garage or an additional bedroom.
Créteil-Village in the lead
On the other hand, investors who have disappeared in other cities are still present in Créteil and buy two- and three-room apartments, sometimes in cash. Buyers are also very well informed about the market and have often validated their project with their banker in advance.
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