Real estate: here are the salaries needed to buy an 80 square meter apartment in your city

2023-12-01 11:30:15

Are you considering purchasing a property in a big city? Think of ask your boss for a raise ! According to a study published by the company HelloSafe, the salaries required to buy a property in large French cities have soared in recent months. “With credit rates continuing to rise, property prices require ever greater resources for households, particularly for first-time buyers.alerts Alexandre Desoutter, spokesperson at HelloSafe France.

HelloSafe has thus calculated the salary necessary to obtain a loan over 25 years (at a rate of 4.4% and without contribution) allowing you to acquire an 80 meter apartment, in the fifty largest French cities. However, it is better to have a comfortable salary to buy a property in November 2023. On average, a household must earn 74,529 euros gross per year to be able to afford an old apartment of 80 square meters in France. Obviously, however, this figure hides large disparities depending on the location of the property.

A salary of 228,254 euros per year to buy in Paris

Unsurprisingly, it is in Paris that a household must earn the most to buy an apartment of 80 square meters. Count on average on a gross annual income of 228,254 euros to acquire a property in the capital. After Paris, Boulogne-Billancourt (189,000 euros gross per year), Versailles (179,000 euros) and Asnières-sur-Seine (150,000 euros) are the three largest cities in France requiring the highest gross annual salary necessary to buy a good. Conversely, you can buy a property in Mulhouse or Saint-Etienne, the two most affordable cities in the ranking, with a salary of less than 30,000 euros gross per year. In other words, a household that buys an apartment in Paris must earn 198,659 euros more than a family that buys a property in Mulhouse!

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At the department level, it is in Nièvre (24,300 euros of necessary income), Creuse (24,500 euros) and Meuse (25,400 euros) where the income necessary to buy a property is the lowest. There are only seven French departments where the purchase of an apartment is possible with a gross annual salary of less than 30,000 euros. Paris (228,254 euros), Hauts de Seine and (161,182) Val-de-Marne (125,278 euros) are, however, the three least accessible departments. “The number of departments requiring a gross annual income greater than 100,000 euros for the purchase of an 80 square meter apartment has increased from six to eleven in one year, a sign that it is ever more difficult for borrowers to obtain financing. their purchase of real estate,” concludes Alexandre Desoutter.

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