With the promise of ‘an Olympic ceremony like no other’, many are already excitedly counting down until Paris 2024. It will start on July 26th and finish on August 11th. Remembering the buzz of the Olympics in 2012, we’re watching with bated breath to see just what Paris 2024 has in store. Find out about new venues, the opening ceremony that you can attend for free, and how the Olympics could have a lasting impact on the property landscape in Paris.
For the very first time in the history of the summer Olympics, the opening ceremony is not going to take place inside a stadium. Instead, the opening ceremony will take place within the city, centring around the Seine. The river parade will go from east to west, starting from the Austerlitz bridge and end at Iéna bridge, totalling 6km.
As the athletes parade along the Seine, each national delegation will have a boat, equipped with a camera crew, delivering the event across the globe to our televisions and phones. This is game changing because it will mean that many spectators can watch at zero cost. You will simply not need a ticket to access the upper quays. Incredibly, at least 60,000 spectators will be able to watch the festivities – ten times more than any stadium.
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Can I get tickets?
Unfortunately, it is now too late to get tickets. There was a slightly complicated ballot system that opened in February. However, as well as the opening ceremony, there are a few events that will be visible to the public and events that will have free ticketing.
If you slot yourself on the streets of Paris or along the banks of the Seine at the right time, you will be able to see open-air sports, such as marathon running and cycling. Additionally, you will be able to catch rowing, open water swimming and triathlon. So, if you or a friend do have an apartment in Paris, grab your sunhat and shades come next July!
Furthermore, both within the city and outside, there are a few events have designated areas that are accessible for free. These include canoeing-kayaking (Vaires-sur-Marne, Seine-et-Marne), BMX racing, mountain biking and golf (Saint-Quentin-en-Yvelines).
Tell me more about the venues
The competitions will take place inside Paris, outside the city, and further afield. In the city, many of the go-to hotspots will wear a temporary façade of Olympic venue. For example, in the Champs-de-Mars (the park located outside of the Eiffel Tower), a temporary outdoor arena named the Eiffel Tower Stadium will be built. It will host beach volleyball and blind football. While La Concorde will be an open-air venue for urban sports such as skateboarding and 3×3 basketball. This will put a new spin on the Paris of postcards, the Paris will all know and love.
Additionally, the Porte de La Chapelle Arena will be a new permanent structure in Paris. It will be a mid-size venue of up to 8,000 seats and the home to the Paris Basketball. The design is intended to be eco-friendly, with 80% of the surface covered in greenery, to blend into the surrounding area.
Meanwhile, Seine-Saint-Denis will turn into the home of the Olympic and Paralympic Villages. As well as the Media Village. It will host six sports. The Seine-Saint-Denis will showcase the Paralympic marathon and Paralympic Road cycling.
Plus, for the sailing, the Olympics is headed to the city of Marseille for the Mediterranean Sea. Marseille benefits from relatively constant winds, and minimal currents and tides, which will make it opportune for competitive sailing. Luckily, you will be able to watch the sailing for free.
Aside from the sailing in Marseille, the football tournament will take place across the following regions: Bordeaux, Nantes, Lyon, Saint-Etienne, Nice and Marseille. While the final phase of handball will be in Lille.
How Paris 2024 could change the property landscape
The result of Paris 2024 could be a rise in the price of property across the region. We can predict this based on how significantly London 2012 altered the buying landscape. Writing ten years after the Olympics, Lloyds’ Bank’s data showed that the price of property in the Olympic boroughs had increased more than other areas across London. Waltham Forest saw the most growth of any area with an increase of 122% to £537.277. While prices in Newham and Hackney rose by 98%. This is compared with 61% average across Greater London boroughs. So we will have to watch this space to see how the Olympics impacts the price of a home in Paris and the surrounding areas.