Country: France
21 April 2009
Falling French property prices and interest rates could soon attract more potential buyers, according to estate agents in France.
In their latest housing market report, the French estate agents association FNAIM report that average residential prices depreciated by 1.7% in Q1 of the year.
Average house prices have now fallen 11.2% year-on-year, whilst the price of apartments has dropped by 8.4%, causing prices to fall back to levels last recorded at the end of 2004.
The largest average falls in apartment prices in the past year have been recorded in Toulon (-19.3%), followed by Cannes (-13.7%), Grenoble (-11.7%), Ile de France (-11.2%), and Aix en Provence (-10.7%).
On the other hand, some areas have seen slight price gains, including Nancy (4.5%), Narbonne (4.4%) and Bordeaux (2.9%).Sales levels have slowed considerably over the past year, down 25% since the beginning of the year, compared with the same period in 2008.
FNAIM project that average property prices in France will fall by a further 5-10% this year.
See Also: France
Price: £18,903
Type: House
15 min in the South of La Chatre, this country house is with retaured. It is composed of 2 rooms, lime pit foot, with beams, stone slabs on the ground and chimney. Suitable attic above. The walls and roof are in good condition.
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Price: £23,013
In a hamlet at 2 minutes from Lamalou-les-Bains, stone house to renovate on a 100 m2 plot with view. In a hamlet at 2 minutes from Lamalou-les-Bains, stone house to renovate on a 100 m2 plot with view. Possibility to create 90 m2 of liv
Price: £23,317
10 min of La Chatre, this building, which is to be restored, offers a beautiful potential of installation to you. It is currently composed of a room, barn, stable and attic above. Courtyard in front.
Price: £28,766
This plot of constructible land with expansive views of the countryside, of a surface area of 2,100 m2, has planning permission for the construction of a detached house. It is 5 mins of a small town with amenities.
Price: £32,136
Between La Chatre and Aigurande, this charming country house is composed of a room in down stairs with chimney, wall cupboard in side, beams and stones apparents. Suitable attic above. Water is served and electricity is in the vicinity.
Price: £33,862
10 min of La Chatre, this country house needs to be restored. Livingroom with insert and visible beams, other room and boxroom. Suitable attic. Old barn and old house with a room. Well. The whole on 3120 m.
Price: £36,081
Area of Ste Severe, this barn which is to be rehabilitated offer of beautiful possibilities of installation. A room with existing chimney. Contiguous hangar and garage, hen house.
Price: £36,163
Bedrooms: 1
This beautiful country house, which is to be restored, offers to you a sublime view on the countryside berrichonne. It is composed of 2 parts. The barn with porteau, as well as the stables contiguous to the house, can allow a very big enlarging.
Price: £37,807
Bedrooms: 2
Village house to refresh/modernise, well located in the heart of the village and offering about 45 m² of living space including 2 bedrooms. It also offers a small terrace of 4 m² with nice views.
Price: £40,437
In the area of Ste Svre, this country house is to be restored. ithas : kitchen, dining room, 2 bedrooms. Convertable attic. Storeroom in lean to. Out building with baker s oven. On 5696 m of ground.
Prices from: €156,000
Bedrooms: 1, 2, 3, 4
Cohennoz: Great year round location. Mountain lifestyle, easy access to one of the best Alpine skiing areas.
Prices from: €232,000
Bedrooms: 2, 3 & 4
Apartments & townhouses on Severiano Ballesteros designed Pont Royal Golf Course between Aix-en-Provence & Avignon.
Prices from: €179,000
Domaine de Cramphore: 400m from 9km of sandy beach. Near to golf, tennis, horse riding and water sports.
Price: €795,000
3 Beds. 1 bath, 1 shower
Exquisitely restored. 13 ha of private grounds. Sweeping lawns edged by woodland. Children’s play area, heated pool.