Trends in prices per square meter in Bordeaux

Bordeaux, the gem of south-western France, has seen property prices rise sharply in recent years. Yet there are marked disparities between the prestige of the Triangle, the authenticity of the Chartrons and the sought-after residential district of Caudéran. Understanding these trends in prices per square meter means we can anticipate future trends and guide our investment decisions... But we need to be clear about one thing: valuing property is not an exact science.

Mapping study areas: Triangle, Chartrons and Caudéran

Precise geographical delimitation

• Triangle: Located between the Allées de Tourny, the Grand Théâtre and the Cours de l'Intendance, this area is home to a concentration of Haussmann-style buildings and private mansions.
• The Chartrons: Former wine merchants and traders district, bordered by the quais, rue Notre-Dame and Parc Ravezies.
• Caudéran: Residential area including the Parc Bordelais and its bourgeois "échoppes".

Specific urban features of each sector

• Triangle: Ultra-central district, high density of 19th-century buildings and prestigious properties.
• The Chartrons: A blend of industrial heritage (notably the wine cellars) and modern interior renovations.
• Caudéran: An airier environment, popular with families.

Trends 2020-2024

The Triangle: the epicenter of urban luxury

Prices per square meter will reach record levels in 2024, with an average of €8,500 per square meter, justified by the scarcity of properties and strong demand.

The Chartrons: between industrial heritage and gentrification

A former port activity zone, the Chartrons attracts a clientele of executives and investors. The average price is between €5,500 and €6,500 per square meter, which can be exceeded if the property is renovated to a high standard.

Caudéran: the longevity of « échoppes bourgeoises »

With an average price of €5,000 per square meter, the Caudéran district remains stable, popular with families looking for a green, quiet environment.

Key variables influencing prices

Effects of RE2020 on heritage renovations

New environmental requirements mean that renovation costs will be high, which will have a direct impact on the value of older properties.

Perspectives for 2025-2030

Projections by property type

• Triangle: Continued growth expected, with prices likely to exceed €10,000/m² in time.
• Chartrons: Moderate growth, with increased interest in renovated properties.
• Caudéran: Slight increase driven by family demand.

The Triangle under pressure from tourism

The boom in short-term rentals (Airbnb, Booking) in the city center could have an impact on primary residences. Rules capping the number of overnight stays (120 days/year) could slow this trend.

Conclusion

Bordeaux's property market has a unique dynamic, with strong segmentation by district. While the Triangle continues to play its role as a luxury hub, Chartrons and Caudéran offer opportunities for investors looking for relative yield or stability.

Sources :

• Notaires de France - Bordeaux property prices

• INSEE - Property market trends

• Bordeaux Métropole urban development plan

• Banque de France - Property studies

• Internal data