Laragne Montéglin Property Insight

Overview

Laragne Montéglin is a town of Hautes Alpes department accounting for 3,600 inhabitants. Part of Provence Alpes Côte d’Azur, the town is located to the south of the department and thus has a Provencal profile.

With a gorgeous 17th century chateau dominating the main square, Laragne Monteglin is splendid and benefits from a great environment around. An excellent example of Laragne’s style is the town hall with its painted walls. Along with this, the town is a heaven for nature lovers. Foodies too will find many delights, a different and quite pleasant way to discover a French area.

Heritage lovers will be seduced by the numerous surrounding “perched villages” with tight houses and winding alleyways, the splendid sundials as well as by the picturesque Laragne museum situated in the converted wine cellars. This richness along with an exceptional microclimate and green setting make Laragne Monteglin a pleasant town to live in and a sought-after area.

Laragne Montéglin Immobilier & Property Market Trends

Laragne Monteglin real estate market is doing well. After having recorded a sharp increase in February 2009, it has stabilized to reach the average buying price of €3, 276 /sq m in August (the national average is €3,197 /sq m). Property prices are now slightly under the department average, which is known to be quite expensive. Given the many assets this sought-after area boasts, pulled up prices are little wonder.

Prices vary according to the type of property. For an apartment you can count about €3,450 /sq m and €2,995 /sq m for a house on average. Most of the dwellings have 3 rooms or more and the average areas are respectively 52sq m and 113sq m.

It seems to be the right time to invest before a new surge in prices. Besides, Laragne Montéglin represents nice opportunities in terms of buy-to-let. As this area is touristic and much coveted, you will not have problems to find tenants. Buying a property in this pleasant Provencal town could therefore be the perfect place to drive bargains.

To get updated info about property prices in Hautes Alpes, please browse our French Property Market Reports published in the News Section every month.

5 Reasons to Buy a Property in Laragne Montéglin

• Town of character: the French commune is a typically Provencal town, with painted walls and cute small streets. Many walls are also built using stones, and buildings such as the church or fountains really reinforce this character. This is excellent for tourism. Excellent for rental opportunities and guest house business projects.

• Local produce: the area has lots of great food on offer. Honey is one of the most renowned. It is typically produced in the Provencal art, with lavender and rosemary. Benefitting from the purity of the air its taste is exceptional. The local Banon for its part is a yummy cheese wrapped in chestnut tree leaves. One of the local curiosity is the oreilles d’ ânes (“donkey ears”). They are made from spinach, pancakes and ham and are a real delight.

• Sport lovers heaven: the area is ideal for sport lovers. Favourite activities of the locals are horse riding, rock climbing, paragliding and hiking. A real breath of fresh air for inhabitants of the area and plenty of activities for tourists. If you plan to set up a gite in France, Laragne Monteglin could be the ideal location to settle.

• Climate and weather: the area benefits from an outstanding purity of the air. Besides, the weather is both Alpine (which means cool and fresh) and sunny, with abundant snow in winter. Laragne Montéglin benefits indeed from exceptional sunshine levels (more than 300 days a year!) With dry ait, refreshing winds blowing in the valleys and high clouds, the area has really a pleasant unique climate.

• Location – transport links: the town is accessible by train from Paris and Marseille (Eurostar line). Laragne Monteglin is also served by numerous motorways and main roads. By plane, Grenoble, Marseille or Lyon are ideas but you can also land in Nice. Locally speaking, it is situated at only 41km north of Gap and 17km north of Sisteron.

Property Styles and Architecture in Laragne Montéglin

• Provence houses: the town has many Provence-style properties. This property style encompasses painted shutters and walls and a certain joie de vivre can be felt through these features. If you want to experience the traditional France, you need a Provence house.

• Mas: the Mas are another very traditional Provence house style. These stone-made propeties have medium to large dimensions and generally come with a garden, sometimes with outbuildings. Indeed, they were often originally farmhouses. They are adapted to the local climate thanks to their design and layout but also thanks to the materials used to build them.

Click here for more info about the Architecture of Provence Alpes Cote d'Azur.