Puteaux is a town in the western suburbs of Paris near Neuilly sur Seine. While close to the city centre, Puteaux has its own characteristics and is becoming increasingly popular, notably due to its proximity to la Defense and the rest of Paris.
This environment welcomes these fantastic new-build apartments for sale that will be integrated into the classical Paris-like architecture. The perfect blend of city life and nature makes this a perfect place to live in with a good quality of life.
Why is this opportunity so exciting?
La Cour des Ducs is located in les Bergeres, a growing district in Puteaux. The local council have plans to transform the district with fountains, rivers and green spaces that will make a calm and natural environment for these apartments.
Close to business areas of interest, les Bergeres is perfectly connected to the rest of the city with plenty of buses, metros and RER train lines. Many shops and schools are also in the area. Plus, for the same budget in Paris, you will have the equivalent of 15 to 20 extra sqm in an apartment in Puteaux.
What’s the investment potential?
This is a fantastic opportunity for capital gains for several reasons. First of all, its proximity to Paris which is only 20 minutes away. Secondly, Puteaux has an impressive transformation potential due to plans in les Bergeres but also in Puteaux with the Grand Paris project aiming to connect the centre of Paris to the surrounding communes.
Brexit could also have a massive impact on the attractivity of Puteaux as companies might have to relocate to European capitals. With la Defense being Europe’s largest business district, staff would need to move to Paris if companies decide to relocate.
What about the properties?
La Cour des Ducs is a new-build project located in a calm area as the building overlooks a nice private park which offers unobstructed views. The architecture of the building is very similar to the Parisian classical buildings with dressed stone and it also benefits from sound-proofing.
The building contains a magnificent entrance door and gallery entirely made of stone and glass, letting the natural in. The interiors of the studio to 5-bed apartments are well-optimised and modern with bespoke finishes, from the apartments' layout to the flooring and bathrooms details. The apartments for sale come with large surfaces ranging from 34 to 170 sqm and balconies, terraces or loggias.
What else about the area?
Located on the left side of the Seine, Puteaux was initially agricultural, then an industrial zone that has been modernised, mainly due to the implantation of la Defense in its neighbourhood.
At only 800m from the famous business area, Puteaux has a mix of residential and corporate buildings. The rehabilitation of the district is a major asset in terms of investment as capital gains expect to increase in the years to come: for resale (6.1% increase in 1 year) or for rentals (estimated rental yields: 3-4%).