Home » News » The Perfect Blend of Geography and Affordability in Libourne and North Gironde – Immonot.com

The Perfect Blend of Geography and Affordability in Libourne and North Gironde – Immonot.com

Success in real estate is measured by the increase in prices, which reached +12.2%, ie the major increase observed in Gironde after that of houses in the Bassin d’Arcachon at +16%. Among the coveted towns, let’s note Saint-André-de-Cubzac where houses go for 250,000 €. Blaye, for its part, achieved a major capital gain in 12 months of +15.8% to settle at €153,800. Libourne benefits from its proximity to the Bordeaux metropolis and sees its rating improve significantly. Like apartments, which soared by 10.4% to reach €2,300/m2 because they are a good alternative to the Bordeaux market. As for the houses, they require an envelope of €236,000. A price range that also appeals to many families to buy.

Victor MARIN – Notary in Libourne

How does Libourne enjoy a power of seduction?
The power of seduction of the Libournais continues this year and for a long time surely. To its credit, note a good quality of life, TGV transport networks, motorways, a shuttle with Bordeaux and a free bus. In terms of health, the Libourne hospital center is positioned at the forefront at the departmental level just after Bordeaux Pellegrin. Economic activity benefits in particular from the presence of the headquarters of Ceva Santé Animale. Let’s add key events linked to the passage of the Tour de France this year, to international rowing competitions, to the presence of Santa Claus! Finally, Libourne benefits from the “Action coeur de ville” project which contributes to the rehabilitation of the hyper centre, the only town in Gironde eligible for the scheme.

What are the most popular properties?
Young working people, first-time buyers, family… the Libournais concentrates a lot of life projects because the territory remains the most affordable in the department. This success is confirmed by the increase in prices, which are among the highest in Gironde after the Bassin d’Arcachon.

What budget do you need for a house in the Libournais? And North Gironde?
The median price reaches 236,000 euros for a house in Libourne. In the North Gironde, the budget is limited to 202,600 euros. Investors favor apartments in Libourne because the rental market remains dynamic with 55% of tenants. There is something for everyone, for all projects from bastides to villas. Demand is logically for building land which is at 80,000 euros in the Libournais or 30,000 euros in the estuary with strong demand around St-André-de-Cubzac.

What prediction would you make for 2023?
Price growth will continue given the region’s attractiveness. If the first quarter of 2023 seems calmer, the projections for the second seem more and more encouraging!

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