We already know that buying in Paris is far from easy when you earn less than €100,000 a year (it's not us, it's a study that says so). Often, Parisian folks looking to invest end up turning to the suburbs, and it seems they’re on the right track! According to a recent study by the real estate investment platform Maslow.immo, two cities located just 30 minutes from Paris are part of the top 5 best cities in France to invest in 2024.
Medium-sized cities, the new real estate paradise?
With falling rates, softened lending conditions, and declining prices, 2024 marks the start of a bright spell for real estate investment. However, this newfound hope can be found in medium-sized cities, which, being less expensive than big cities, can offer the perfect balance between affordable prices,better quality of life and strong rental demand.
Investing in a dynamic mid-sized community allows tenants to enjoy numerous advantages of a big city (jobs, amenities, cultural activities) without experiencing the downsides (cost of living, congestion, stress). But which ones to bet on and how to direct your strategy? The innovative platform Maslow.immo offers some answers by providing a ranking of the cities with 30,000 to 60,000 inhabitants where it’s best to invest in rental housing by the end of 2024.
Massy and Palaiseau, 4th and 5th Best Cities in France to Invest
Among the four key criteria selected by Maslow.immo, Massy (just 20 km from Paris) has climbed to the fourth spot on the podium with an overall score of 37.75 out of 50. Right behind it, Palaiseau ranks fifth with a score of 36.75 out of 50. So, if you were feeling a bit lost in finding a place to invest around Paris, it looks like this ranking comes just in time...