Lille, capital of Flanders
Lille, famous for its Grand’Place, its gastronomy, its student life and its legendary annual braderie, is also very attractive thanks to its strategic location.
Situated 1 h from Paris by TGV, close to the Belgian border, Lille today attracts many tourists, but above all Parisian executives, investors, entrepreneurs and students.
The city’s geographical location and its digital excellence and innovation cluster, Euratechnologie (145 companies), also make Lille a veritable hub for new technologies.
Renowned as a cultural center and lively university town, “Vieux Lille” is characterized by its 17th-century red-brick houses, cobbled pedestrian streets and central “Grand’Place”.
Lille is a very dynamic city, which received the “French Tech Capital” label in April 2019 and becomes World Design Capital in 2020.
The Lille European Metropolis (MEL) currently brings together 95 municipalities and over 1.5 million inhabitants in an area that is both urban and rural, with a number of large cities (4 municipalities have more than 65,000 inhabitants: Lille, Roubaix, Tourcoing and Villeneuve Ascq): Lille, Roubaix, Tourcoing and Villeneuve d’Ascq).
This historic city was built up in mosaic-like neighborhoods, bringing together neighboring towns. Each district is characterized by its architectural, cultural and historical wealth, as well as its dynamism.
The hyper-centre (the historic heart of the city), “Vieux-Lille” and the Vauban-Esquermes district (Prépa, grandes écoles and university campuses) are today’s most sought-after districts.
Lille’s cross-border location with Belgium, its proximity to major European capitals and the size of its metropolitan area offer excellent investment opportunities and a pleasant living environment. Property prices in Lille are rising steadily, with an average price of €3,145/M2 for an apartment and €2,575/M2 for a house.
Prices vary considerably from one neighborhood to another. For example, between the Bois Blancs and Vauban districts, they range from €2,884 to €3,418.