Dozens of new apartments located in the Olympic Village in Seine-Saint-Denis are for sale to individuals. Discover all the characteristics of the available properties.
It hosted the best athletes on the planet this summer. The Olympic Village, located in the towns of Saint Denis, Saint-Ouen and Île Saint Denis (Seine-Saint-Denis), welcomed no fewer than 15,000 athletes during the Paris Olympic Games, and as many for the Paralympic Games, which took place a month later. Teddy Riner, Evrin Ngapeth and the other stars of the French team all slept in the famous cardboard beds located in one of the 2,800 apartments in the village. But if the Olympic Games are well and truly over, it is still possible to prolong the Olympic dream by treating yourself to one of the 700 homes gradually being put on sale to individuals.
So, if you want to sleep in the same rooms as the Olympic medalists, you should know that sales of apartments located in the athletes’ village began a year ago. 88 apartments located in a building on the banks of the Seine have already been marketed to individuals by the developer Icade, from summer 2023. There is something for all tastes and (almost) all budgets since it is possible to acquire all types of properties, from studios to 5-room apartments.
Although sales started slowly due to very high prices (7,500 euros per square meter when it was put on the market), Icade has since revised its ambitions downwards by lowering prices to an average of 6,900 euros per square meter. And buyers are there.We sold about 60% of the apartments we put on sale last summer, which is in line with our expectations.explains Florence Chahid-Nourai, director of major projects at Icade promotion. We record around ten reservations per month on average, which is satisfactory in the current context.» real estate crisis. The majority of buyers are young working people since 80% of the apartments have so far been purchased by first-time buyers. It should be noted that the most popular accommodation remains three-room apartments, which constitute the bulk of the housing supply in the Olympic Village.
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First deliveries planned for the end of 2024
If you still haven’t booked your Olympic apartment, don’t panic! Icade is currently launching the marketing of two new buildings, located on the Seine riverfront. In total, 56 homes will be marketed very soon, and once again, the choice will be varied since all types of properties will be put up for sale, from studios to five-room apartments. The first apartments will be delivered to their owners from the end of 2024, or even the beginning of 2025.We are seeing an increase in demand with mortgage rates falling, and we are seeing more and more contacts from interested potential buyers.“, continues Florence Chahid-Nourai.
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In total, the Olympic Village, which replaces a former industrial wasteland, will welcome around 6,000 new residents in the coming years. Around 30% of them will be housed in social housing. Many local shops will also open on the site, such as restaurants, bars, supermarkets, a bakery and a hairdresser. Two school groups (nurseries and primary schools), two daycare centers, a renovated high school and new sports facilities are also expected to see the light of day. Residents will also be able to enjoy 6 hectares of green spaces located in the heart of the village, thanks to the 9,000 trees and shrubs already planted.
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