luxury real estate (credits: Pixabay)
Now authorized to travel more than 100 km from their home, the French will be able to visit or finalize the purchase of their future residence.
“As of June 2, the ban on travel of more than 100 kilometers from home is therefore ended” After the authorization to go on vacation to France this summer, this announcement by Edouard Philippe is another great relief for the French. They can join their second home for those who have one. Others will probably prefer, firstly, a tourist rental before, possibly, considering a purchase.
During the confinement, all the real estate networks noted a renewed interest in green houses. With terraces, balconies or gardens. “This is not a temporary distraction but an interest never seen before, which was confirmed by the appointment and physical visits, after the deconfinement“Says Alexander Kraft, president of the Sotheby’s International Realty France network. From Brittany to Provence via the Atlantic coast, here are the territories among the most popular with the French.
Proximity to the sea, quality of life, temperate climate: Brittany has something to seduce while the summers are often very stuffy. “We have recorded a lot of purchasing intentions, in particular on the part of Parisians who have experienced confinement without space and those who have organized themselves by telework.“Points out Ronan Pradeau, director of Bretagne Sud Sotheby’s International Realty.
Properties in the countryside, with gardens and in a quiet area, sold between 300,000 and 600,000 euros, are again very popular such as mills, farm buildings or properties with land. “Before, we had more requests for seaside but the prices are 40% higher, he analyzes. Buyers want beautiful property today (small manor house or castle) with 4-5 hectares of land regardless of location, as long as it is in their budget (between 400,000 to 500,000 euros)” And several buyers are also looking for private islands.
o Ile de Ré / La Rochelle
Three hours from Paris, La Rochelle is attracting more and more Ile-de-France residents who wish to acquire a main residence. “Thirty-somethings arrive on the market, in particular freelancers or employees in telework, which is new“, Observed Vincent Petit, director La Rochelle-Ile de Ré Sotheby’s International Realty. What about the Ile de Ré? “The market for second homes has already been very dynamic for 2-3 years. We will know at the end of the season if we have reached new customers“, He adds.
If La Rochelle mainly attracts French people, the Ile de Ré is more attractive to the English, Belgians and Irish. This did not prevent the French, who lived in North America, from returning to settle there as their main residence. On the property side, in La Rochelle, buyers are looking for apartments in the historic city center, with a budget between 500,000 and 700,000 euros or houses between 700,000 and 900,000 euros. For Île de Ré, demand is shifting towards houses between 1 and 1.2 million euros.
o Arcachon basin / Basque coast
In the Bassin d’Arcachon, it is mainly villas that are prized. The buyers, mainly French (60% Parisians), are looking for views of the basin, the beach on foot, calm but also proximity to shops. They are of three profiles: people in their fifties who are looking at Cap Ferret and Pyla, a second home becoming main in the long term, retirees who are looking for a main home in Arcachon and employees in telework, often on the go. “We have many customers over 100 km or abroad with whom we exchanged by video“Says Jean-Alain Nebout, director of Cap-Ferret Pyla Sotheby’s International Realty. We bet that with the lifting of the 100 kms, physical visits will develop. All for a budget of between 1.5 and 2.5 million euros.
On the Basque Coast, the Émile Garcin network notes that “many Parisians wish to settle there year-round” “A new, younger clientele wants to work in Paris, three days a week and telecommute the rest of the time ”, analyzes Valérie Paris, director of the Côte Basque agency. Their budget being too tight for the seaside, they settle 30 minutes from the airport, for prices hovering around a million euros. “All customers want terraces and gardens. We have a problem: we are short of goods“, She laments.
Countryside and seaside. It is the desire of buyers who wish to settle in the South-East of France. “Demand is strong in Les Alpilles, the Saint-Rémy-de-Provence golden triangle, Arles and Avignon“Explains Philippe Boulet, director Émile Garcin Alpilles & Avignon, Saint-Tropez. After confinement, demand accelerated.
Some, who have taken a liking to telework, want a radical change of life. “Thirty-year-olds bought country houses near Avignon for between 600,000 and 1.5 million euros, entrepreneurs in their forties acquired a 18th century country house in St-Rémy de Provence for almost 7 million euros and a young couple of Parisians bought an agricultural estate near Tarascon for around 4 million euros“, Details Philippe Boulet. This is the case in Marseille of “executives of large international groups seeking a house with garden and / or sea 20/30 minutes from airports and TGV station or young couples who wish to sell their Parisian apartment to settle in their main residence“, Specifies Pierre-Laurent Barneron, director of the agency Émile Garcin.
Another privileged destination: the Lubéron, located less than 3 hours from Paris by TGV. “70% of our clientele is Parisian. They want quiet properties, with exteriors and views of the Lubéron valley, “says Pascal Danneau, director of Provence Luberon Sotheby’s International Realty who does not hesitate to compare it to” (that) from the Eiffel Tower for an apartment in Paris” Budget? Between 1 and 1.5 million euros.
In the Var, demand is strong, especially from foreigners who cannot yet travel. “We have created a waiting list, explains Anne-Marie Biermans, director of the Provence Verte Sotheby’s International Realty agency. More and more Parisians are looking for a family meeting point in nature“
Who says Norman luxury real estate often says Deauville. Less than two hours from Paris, wealthy buyers can enjoy the calm, the sea and the authenticity of the region. Parisians, young and old alike, wish to permanently leave the capital or acquire a second home. The budgets vary between 800,000 and 1 million euros. “The houses are bought quickly and at the price of the mandate“Says Hadrien de Bourboulon, director of the Émile Garcin agency.
o Loire Valley
Sologne, Tours, Orléans: the Loire Valley also attracts Ile-de-France residents. The region is close to Paris and its real estate market displays affordable prices. These vary between 300,000 and 600,000 euros for the countryside and between 400,000 and 800,000 in the city. “The Parisians looking for a house with a garden but with the Internet not working well, it is not certain that they will make it their main residence ”, analysis Hugues Simon, director Val de Loire Sologne Sotheby’s International Realty. Foreigners are attracted by “the historical profile of beautiful residences and castles”.