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Two main factors have generated the rapid development of Lyon over the last 3 to 4 years. Firstly, an international development of the city confirmed by the arrival of international organisations such as Interpol and Euronews cable TV. Then, the transfer of the headquarter of various big national groups.Demand is therefore higher than the offer, and it has generated a 25% increase in prices over these last two years.
However, the property market in Lyon remains competitive with regard to other large French and European cities.The property market is characterised by a good balance between " Old apartments " with character, new buildings as well as individual houses surrounding the city.
Gilles Vaudois
Director (October 2003)