Country real estate in France: cheaper than it seems

When we hear the phrase “real estate in France”, something elegant and very expensive appears to the paste. All of us have heard about small apartments in Paris or on the Cote d’Azur, the cost of which amounts to hundreds of thousands of euros. What can we say about country houses, which probably cost a fortune … or not?

The French land agency SAFER, which specializes in country and agricultural land, prepared an analysis of prices for the 2016 countryside country real estate prices in the regions most popular with foreign buyers. And the results show that affordable real estate in France is more than enough.

SAFER – the only source that provides analytical data on prices and sales of suburban real estate in each department of France. Reports of notaries and French real estate agencies cover only the urban real estate market.

Average hospital temperature

“Maison de campagne” or, more simply, a villa, by which the study refers to a part or a whole house with agricultural land of less than 5 hectares, in France, on average, costs € 160,400.

This figure is almost similar to the data for 2015, but significantly lower than the peak figures of 2007, when the average cost stopped at € 220,000.

Very modest numbers, if we recall that the French real estate market is considered one of the most expensive in Europe. And in the cities, even with € 100,000 in your pocket, you cannot be sure that you can find a suitable option that does not go beyond the budget.

According to the data for 2016, in France the average cost of a country house does not exceed € 100,000 immediately in 11 departments. The most affordable “house in the village” in French can be found in Creuse, the region of New Aquitaine – € 63,200. The most expensive of the most affordable steel villas in the Ardennes department are € 99,100.

11 departments of France with the most affordable suburban housing

  • Creze – € 63,200
  • Indre – € 69,100
  • Upper Marne – € 78 900
  • Nievre – € 80,500
  • Cher – € 80,000
  • Allier – € 87,200
  • Haute-Vienne – € 91,300
  • Cantal – € 92 600
  • Correse – € 93 300
  • Puy de Dom – € 98,000
  • Ardennes – € 99 100

From general to specific

Further more. It turns out that inexpensive suburban real estate can be found in all regions of the country. And for that, it is not necessary to go to a deep backwater and look for falling apart houses. You just need to carefully examine the range of prices in each department of the region you like. Even in Ильle-de-France you can pick up a “maison de campagne” at around € 100,000.

Minimum prices for holiday homes in France start at € 15,000 (!).

Of course, in different regions of the objects for similar or slightly larger amounts will be different. Somewhere it will be quite “vigorous” villa, and somewhere – a house in need of major repairs. But the fact remains that the starting prices for suburban real estate are very modest throughout France.

Prices for suburban real estate in France
Region / Departmentaverage priceMinimum priceMaximum price
Auvergne-Rhône Alpes
En€ 171,500€ 63,000€ 338,000
Allier€ 87,200€ 24,000€ 183,000
Ardeche€ 154,200€ 40,000€ 315,000
Cantal€ 92 600€ 27,000€ 200,000
Drome€ 226,000€ 90,000€ 421,000
Iser€ 205,800€ 15,000€ 150,000
Haute Loire€ 112,200€ 32,000€ 212,000
Loire€ 144,700€ 51,000€ 265,000
Puy de Dom€ 98,000€ 21,000€ 225,000
Ron€ 246,500€ 85,000€ 505,700
Haute-Savoie€ 299,500€ 90,000€ 625,000
Savoy€ 184,200€ 50,000€ 398,000
Brittany
Cote d’Amor€ 109,300€ 35,000€ 230,000
Finister€ 125,500€ 45,000€ 255,000
Ile and Wilen€ 136,000€ 38,000€ 270,000
Morbihan€ 131,800€ 31,000€ 300,000
Burgundy – Franche-Comte
Belfort€ 149,200€ 50,000€ 277,000
Cote d’Or€ 127,700€ 30,000€ 130,000
Doo€ 148,000€ 31,000€ 320,000
Upper Saone€ 107 500€ 23,000€ 249,000
Yura€ 125 900€ 43,000€ 236,600
Nievre€ 80 500€ 25,000€ 172,000
Sona and Loire€ 110,500€ 40,000€ 216,000
Yonne€ 121 00€ 44,000€ 230,000
Center – Loire Valley
Sher€ 86,000€ 28,000€ 180,000
Ayr and Loir€ 152,200€ 55,000€ 315,000
Indre€ 69,100€ 15,000€ 150,000
Indre and Loire€ 137,100€ 35,000€ 290,000
Loir and Cher€ 118,700€ 35,000€ 229,000
Loire€ 142,400€ 56,000€ 266,000
Grand Est
Ardennes€ 99 100€ 23,000€ 195,000
About€ 124,300€ 27,000€ 300,000
Upper marna€ 78 900€ 22,000€ 175,000
Marna€ 150 200€ 51 900€ 300,000
Moort and Moselle€ 120 100€ 24,600€ 260,000
Meuse€ 102,200€ 26,700€ 225,000
Moselle€ 136,400€ 25,000€ 300,000
Lower Rhine€ 190 700€ 80,000€ 390,000
Upper Rhine€ 178,500€ 65,000€ 370,000
Vosges€ 110,100€ 36,000€ 212,200
Au de france
En€ 116,200 € 29,500€ 225,000
Nor€ 185,100€ 65,000€ 375,000
Oise€ 205,500€ 85,200€ 400,000
Pas de Calais€ 153,400€ 56,000€ 300,000
Somme€ 142,700€ 50,000€ 285,000
Ile de France
Paris
Saint-Saint-Denis
Oh de sen
Valn de marne€ 263,600€ 140,200€ 725,000
Val d’oise€ 280 600€ 130,000€ 525,000
Ivelin€ 365,000€ 144,000€ 732,000
Eson€ 254,800€ 90,000€ 440,000
Sen and marne€ 212,700€ 84,000€ 400,000
New Aquitaine
Charente€ 104,500€ 26,000€ 225,000
Maritime Charente€ 136,200€ 41,500€ 280,000
Correction€ 93,300€ 30,000€ 187,000
Croesus€ 63,200€ 17,500€ 136,500
Deux-Sevres€ 103,700€ 30,000€ 212,000
Dordogne€ 143,300€ 50,000€ 300,000
Gironde€ 176,800€ 68,000€ 360,000
Landes€ 165 800€ 70,000€ 300,000
Lo and Garonne€ 151,100€ 62,500€ 293,000
Atlantic Pyrenees€ 209,900€ 80,000€ 467,000
Upper Vienne€ 91,300€ 24,000€ 190,000
Vien€ 103,700€ 28,000€ 211,000
Occitania
Ariège€ 111 500€ 32 900€ 219,900
Od€ 115 300€ 22,000€ 260,000
Aveyron€ 110,200€ 30,000€ 230,000
Gar€ 201 200€ 47,500€ 420,500
Zher€ 155,200€ 60,000€ 302,500
Upper garonne€ 198,000€ 76 700€ 367,000
Upper Pyrenees€ 128,600€ 50,000€ 240,000
Eero€ 186,300€ 38,000€ 440,000
Lo€ 150,000€ 53,000€ 295,000
Loser€ 119,300€ 31,000€ 260,000
East Pyrenees€ 186,800€ 40,000€ 407,000
Tarn€ 159,700€ 50,000€ 325,000
Tarn and Garonne€ 156,400€ 60,000€ 275,000
Normandy
Calvados€ 159,800€ 50,000€ 352,000
Manche€ 110,700€ 35,700€ 210,000
Orn€ 110,600€ 35,000€ 212,000
Er€ 159,400€ 75,000€ 290,000
Seaside hay€ 166,700€ 70,000€ 286,500
Loire Valley (Pays de la Loire)
Atlantic Loire€ 159,500€ 60,000€ 305,000
Maine and Loire€ 137,800€ 50,000€ 260,000
Mayen€ 104,700€ 26,000€ 200,000
Sarta€ 116 900€ 40,700€ 210,000
Vendée€ 124,100€ 45,000€ 229,000
Provence – Alpes – Cote d’Azur
Alpes Haute Provence€ 183,600€ 35,000€ 380,000
Maritime Alps€ 320 800€ 55,000€ 800,000
Bouches-du-Rhone€ 405,800€ 143,000€ 830,000
Upper Alps€ 167,200€ 40,000€ 350,000
Var€ 335 900€ 111 500€ 693,000
Vaucluse€ 319,500€ 127,000€ 700,000

The most budget suburban housing is located in the Center and in the North-East of France, in the Pyrenees and Brittany. But the highest price tag – in the Paris basin, Alsace, the Upper Savoy, on the Mediterranean and Atlantic coasts, around the cities of Lyon, Toulouse and Bordeaux.

Foreign buyers

According to SAFER, consumer activity by foreigners decreased from 7.3% of the total number of investors in 2015, to 5.3% in 2016. From 2009 to 2013, the share of transactions with foreign buyers, on average, was at the level of 6.5%.

The main reason for this decline was the “Brexit” and the weakening of the British pound. Yes, because traditionally the main foreign buyers in the local country market are representatives of the United Kingdom. In 2016, they accounted for 47% of all transactions with foreigners, in 2015 their share was 53%. The second and third places after the British are buyers from Belgium and the Netherlands.

Country property in the central-western part of the country, Midi-Pyrenees, Burgundy and Languedoc-Roussillon is the most popular among foreign investors. At the same time, in some parts of the most sought-after regions, the share of foreign buyers exceeds 15% of the total. 

Leave a Reply

Your email address will not be published. Required fields are marked *