“A sport even buys an apartment”: where are we with the sale of housing in the Olympic village?

2024-08-28 10:11:58

Residence in the Olympic village struggled to sell at the beginning of the sale of properties. “By the end of 2023, the winter was a bit harsh with increased rates. There has been an operation in recent months that has not gone away. We fear that those politicians lead to decline but that is not the case», assures Florence Chahid-Nourai, director of major Île-de-France projects in charge of the Athletes Village at Icade.

Today, is the influence of the Olympic Games observed? The athletes are at home in the Olympic village and this village will turn into a home. “Of the 88 habitats, 52 are reserved, or around 60%. It is difficult to say if it is the Olympic effect because people are still on vacation. We left the sales office open in August and we still do 3 to 4 sales a month», notes Florence Chahid-Nourai.

«The athlete even bought an apartmenthe confided. He has visited the surgery and he likes it“. The director of projects in Île-de-France does not want to reveal the name of the athlete or the sport in which he excels. “All I can say is that he didn’t sleep here during the Olympics. His representatives do not live in our homes“, he specified. The residences in the Quinconces district, near Saint-Ouen, in Seine-Saint-Denis (93), offer a view of the Seine and for some view of the Eiffel Tower.

VAT at 5.5%

Passion for housing in the Olympic Village began in February according to Florence Chahid-Nourai. “It is mainly first-time buyers who buy, young families who have settled in Saint-Ouen and not all investors. Find a goal in the couple. We are able to be able to provide VAT at 5.5% instead of 20% as we are in a special area so young workers buy around 6,200 euros per square meter instead of 6,900.“, he rejoiced. Icade will launch at the end of September, after the Paralympic Games, the sale of two other buildings, i.e. 56 additional housing units.

The Vinci Group, for its part, has put up 174 houses for sale, and 17 are still available for purchase, according to RMC. Nexity and Eiffage have not yet started selling the building. The Paralympic Games which begin this Thursday will provide a new vision on accommodation in the athletes’ village and perhaps increase sales.