Real estate: Three Guadeloupean municipalities are among the ten French cities where the price per square meter has recorded the largest increase in one year

IN BRIEF

  • Morne-à-l’Eau leading price increases: +64% in one year.
  • Pointe-a-Pitre follows with an increase of +39%.
  • The Mold take the 7th position with +27% increase.
  • Saint-François remains the most expensive city in the Guadeloupe has €4,798/m².
  • Buying real estate costs on average 3642 €/m² in Guadeloupe.
  • Difficulties in accessing property due to the increase in interest rate.
  • Real estate inflation on a national scale, particularly marked in West Indies.

Incredible but true! Three municipalities in Guadeloupe have entered the podium cities in France where the price of square meter soared the most in a year. In mind, Morne-à-l’Eau which shows a dizzying increase in 64%, followed by Pointe-a-Pitre with 39%. It is no surprise that these municipalities stand out in an increasingly expensive real estate market, where the dream of becoming an owner becomes a real obstacle course.

https://www.youtube.com/watch?v=gck6Rwju2o8

If you are on the lookout for real estate trends, you have undoubtedly noticed that certain municipalities in Guadeloupe are experiencing spectacular increases in prices per square meter. According to the latest data, three of these municipalities have slipped into the top 10 French cities having recorded the largest increase in property prices in just one year. Morne-à-l'Eau, Pointe-à-Pitre and Le Moule are distinguished by their real surge in prices, making the purchase of real estate increasingly complex for households seeking to settle in the archipelago . Let's discover together this price surge and the implications it generates.

Morne-à-l’Eau: A record increase

Everyone is talking about Morne-à-l’Eau at the moment, and for good reason! This small town in the center of Grande-Terre displays a incredible increase of 64% of the price per square meter in one year. This means that you now have to pay around 3058€/m² to have a chance to settle there. A real leap for many families looking for accommodation.

A boiling market

The reason for this price explosion? Several factors come into play. The demand for housing in pleasant regions, combined with a supply that is struggling to keep up, creates a situation where prices are soaring. Investors, both local and foreign, are seeking to capitalize on the real estate potential of Morne-à-l'Eau, thus accentuating price inflation.

Comparison with other cities

If we look at these figures more closely, we understand better why Morne-à-l’Eau finds itself at the top of this ranking. In comparison, Pointe-à-Pitre, which is in second place, sees its average price reach 2188€/m² with an increase in 39%. Which demonstrates to what extent Morne-à-l’Eau has taken a head start. But what about other localities in the archipelago?

Pointe-à-Pitre: Another municipality on the rise

Pointe-à-Pitre doesn’t let itself be left behind! With an increase in prices of 39%, this iconic city remains a key destination for buyers. It is here that we find a rich cultural history, but also numerous shops and services, which attracts residents and investors.

Trendy neighborhoods

Certain neighborhoods of Pointe-à-Pitre are experiencing a real renaissance, with numerous rehabilitation and development projects. New infrastructure not only makes the city more attractive to potential buyers, but also to renters. This, coupled with the scarcity of goods for sale, is driving up prices.

Challenges for buyers

That said, becoming an owner in Pointe-à-Pitre is not an easy task. With the general increase in interest rates, many families find themselves in a complicated situation, where dreams of becoming homeowners fade away in the face of the harsh reality of real estate prices.

Le Moule: The rise in prices continues

Le Moule is not left out either with an increase in 27%, placing this municipality at the seventh position in the French charts. The figures reveal that the square meter is exchanged at approximately 4150€/m². A nice boost for this city which seems to be attracting more and more people.

Municipal attractions

Le Moule is particularly attractive for its magnificent landscapes and its quieter atmosphere, far from the hustle and bustle of the city. The white sand beaches and the natural setting of the city make it a privileged place for families and retirees, while arousing the interest of first-time buyers looking for a peaceful living environment.

Towards the future: What to remember?

But even with this great surge, it is essential to remember that the spiral of inflation experienced by these municipalities, despite their beauty and popularity, also brings its share of challenges. Housing affordability is becoming a growing concern. The real estate dream for many seems more and more distant.

A worrying trend for the archipelago

Immersed in this table of price increases, these three municipalities of Guadeloupe stand out for their strong attractiveness, but this also raises questions. How will local families adapt to this inflation, which does not seem to want to stop? Becoming an owner becomes a challenge for many, even in a setting as idyllic as that of the Guadeloupean archipelago.

Sales in decline

Despite this upward trend, it is interesting to note that real estate sales in Guadeloupe are in hindsight. Access to property is becoming more complicated, especially with an increase in bank interest rates. Potential buyers are faced with difficult choices, between living in rental accommodation or embarking on a real estate adventure at increasingly high prices.

Possible alternatives

Faced with this situation, solutions are emerging. Some are considering possible investments in less expensive municipalities, such as Basse-Terre or Vieux-Habitants, which are seeing price drops. Others are turning to new real estate projects, which, by necessity, can offer more attractive access conditions. For those who wish to explore avenues, practical advice from property management experts, such as Guadeloupe Immo, can provide valuable insight.

Conclusion: Between opportunities and challenges

Ultimately, becoming an owner in Morne-à-l’Eau, Pointe-à-Pitre or Le Moule is a real challenge, as prices per square meter continue to increase. For those who believe in their real estate project, it is crucial to prepare and be well informed. Support from professionals can be instrumental in navigating this sometimes complex market, while taking into account current economic issues, notably the rise in interest rates and the decline in sales.

discover the world of real estate: advice, market trends, investment and tips for buying or selling your property with complete peace of mind.

Testimonials on Real Estate Inflation in Guadeloupe

I have been a real estate agent for several years and I have never seen a increase prices like the one we are currently observing in Guadeloupe. Morne-à-l’Eau, in particular, exploded with a 64% increase in one year. Buyers should really prepare to pay almost €3,058/m2 to hope to settle there. It's amazing!

In Pointe-à-Pitre, the situation is not much better. The city is becoming virtually out of reach for locals. You imagine that the price increased by 39%, reaching 2188€/m2? I work with families who dream of becoming homeowners, but this inflation makes it complicated.

And then, there is Le Moule, which does not leave you indifferent either. Its increase of 27% caused prices to rise to around €4,150/m2. What pressure for people wanting to buy their first home! It’s sad to see that many people are forced to give up on their plans.

The numbers speak for themselves. On average, today it takes €3,642/m2 for a property in Guadeloupe, i.e. a 9% increase in just one year. I can only imagine the struggles of families trying to navigate this increasingly competitive market.

Even if two municipalities, such as Basse-Terre and Vieux-Habitants, show a decline in prices, the majority of towns in the archipelago seem captive to this upward trend. This becomes a real headache for anyone planning to buy real estate in these municipalities. A real estate crisis is on the horizon, that's for sure!