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Real estate. Prices are exploding in Drôme provencale… Ardèche still accessible

editor by editor
May 25, 2022
in Buying Property
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Real estate.  Prices are exploding in Drôme provencale… Ardèche still accessible
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“Prestigious properties are sometimes mas of comparatively giant space, courting from the 17th, 18th or 19th centuries, with an previous and genuine character, positioned in a lovely setting within the countryside, explains David Boschi, head of the community of Boschi Immobilier businesses positioned in Drôme provençale and Vaucluse.

It will also be a lovely up to date villa, fashionable, very glazed, all the time in a lovely pure setting. The landscapes and the absence of noise air pollution are essential standards for consumers of such properties.

The favored Drôme Provençale

The Drôme Provençale is thus extremely appreciated. “Because the well being disaster, we’ve got seen that individuals who used to journey overseas now want to purchase a prestigious property on our territory to spend their holidays there,” he notes.

Till now, luxurious actual property has tended to draw consumers of second properties on the Côte d’Azur, in mountain resorts and even in Paris.

In keeping with a examine carried out by the Boschi community, 42% of consumers of gorgeous residences come from the Paris/Ile-de-France area, in comparison with 30% from the Auvergne-Rhône-Alpes area, led by residents of Grenoble, Savoy and Lyon.

“Above all, they’re on the lookout for an genuine property, ideally in stone, with high quality inside fittings, combining appeal, modernity and luxury”, emphasizes David Boschi.

For a number of months, costs have been climbing attributable to a sparse provide and sustained demand, even when a stabilization is at the moment to be famous. Consequence of a specific European context… “If the local weather improves, costs may doubtlessly begin to rise once more”, he remarks.

On common, the core of the market relies on gross sales between €800,000 and €1,500,000. Not too long ago, the Boschi community bought a stone farmhouse, positioned in Grignan, with a dwelling space of ​​375 m², on 1.5 hectares of land, on the worth of €1,600,000 to a French couple wishing to amass a second residence. .

“Earlier than the well being disaster, this property would definitely have bought for lower than one million euros,” he warns. One other instance, a 235 m² farmhouse, with minor renovation work to be deliberate, positioned in La Bégude-de-Mazenc on three hectares of land, has attracted consumers from the area for second properties as effectively. Quantity of the sale: €750,000.



Stone fireplace, swimming pool... Buyers are looking for properties with character combining charm and comfort.  Adobe stock illustration

Stone fire, swimming pool… Patrons are on the lookout for properties with character combining appeal and luxury. Adobe inventory illustration

Worth fluctuation relying on the realm

However costs fluctuate relying on the geographical space. In northern Drôme, for instance, costs vary on common from €500,000 to €1,050,000. The cities of Valence and Romans-sur-Isère are notably focused, particularly attributable to their proximity to the TGV station.

“This can be a main asset for consumers, whether or not for a foremost residence with teleworking or for a second residence”, remarks Carole Latourte, supervisor of the Pierres & Bastides company, specializing in luxurious actual property in Drôme. -Ardeche.

Amongst its purchasers, Swiss and Belgian consumers, who admire above all of the companies supplied by these properties: wooded backyard, swimming pool, pétanque court docket, veranda, pergola, stone fire, and many others. “They’re on the lookout for both charming bastides or typical Provençal homes,” she says.

Decrease costs in Ardèche

Within the division of Ardèche, costs appear extra cheap. “In southern Ardèche, it takes between €600,000 and €800,000 to have a really good residence. “Right here, prospects rely extra on authenticity, the pure facet,” notes Carole Latourte.

Among the many latest gross sales, that of a property of 160 m² with an exterior of 5 hectares, close to Vernoux-en-Vivarais, together with particularly a swimming pool and a summer time kitchen. The consumers paid the sum of €645,000 for this character property.

“Within the countryside, the presence of such a property obtainable on the market is uncommon,” provides Elisabeth Van Helden, supervisor of the Forot Immobilier company in Lamastre, Vernoux-en-Vivarais and Cheylard. Now we have some stunning residences, reminiscent of castles or mansions, particularly close to Saint-Félicien and Boffres. There are additionally renovated farmhouses. It takes a mean of €400,000 for a lovely renovated farmhouse and €1,500,000 or extra for a château,” she estimates.

This geographical location attracts largely French consumers who search particularly to cut back tax or to have interaction in vacationer actions reminiscent of mattress and breakfast.

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